Electronic Arts (NASDAQ:EA) Shares Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Electronic Arts Inc. NASDAQ: EA. In a filing disclosed on June 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Electronic Arts stock on May 15th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Zoom Communications NASDAQ: ZM on 6/25/2025.
• Purchased $1,001 - $15,000 in shares of Coinbase Global NASDAQ: COIN on 6/24/2025.
• Purchased $1,001 - $15,000 in shares of Circle Internet Group NYSE: CRCL on 6/24/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 6/23/2025.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 6/13/2025.
• Sold $1,001 - $15,000 in shares of Atlassian NASDAQ: TEAM on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of ServiceTitan NASDAQ: TTAN on 6/11/2025.
• Sold $1,001 - $15,000 in shares of Datadog NASDAQ: DDOG on 6/11/2025.
• Sold $1,001 - $15,000 in shares of GitLab NASDAQ: GTLB on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/11/2025.

Electronic Arts Stock Performance

Electronic Arts stock traded down $0.96 during mid-day trading on Friday, reaching $151.68. 1,450,551 shares of the stock traded hands, compared to its average volume of 2,278,458. The stock has a market capitalization of $38.11 billion, a PE ratio of 35.77, a price-to-earnings-growth ratio of 2.07 and a beta of 0.73. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.95 and a quick ratio of 0.95. Electronic Arts Inc. has a 12-month low of $115.21 and a 12-month high of $168.50. The business's 50-day moving average is $151.04 and its 200-day moving average is $142.88.

Electronic Arts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 28th were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date was Wednesday, May 28th. Electronic Arts's payout ratio is currently 17.92%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Robert W. Baird set a $168.00 target price on Electronic Arts in a research report on Wednesday, May 7th. Morgan Stanley increased their target price on Electronic Arts from $135.00 to $148.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 7th. Roth Capital upgraded Electronic Arts from a "neutral" rating to a "buy" rating and increased their target price for the stock from $175.00 to $185.00 in a research report on Tuesday, June 24th. Moffett Nathanson restated a "neutral" rating and set a $163.00 price target on shares of Electronic Arts in a report on Wednesday, May 7th. Finally, Hsbc Global Res upgraded Electronic Arts from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 7th. Fourteen analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Electronic Arts has an average rating of "Moderate Buy" and an average price target of $162.71.

Insiders Place Their Bets

In other Electronic Arts news, insider Laura Miele sold 2,500 shares of the company's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $159.50, for a total transaction of $398,750.00. Following the transaction, the insider directly owned 60,592 shares in the company, valued at $9,664,424. This represents a 3.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew Wilson sold 6,563 shares of the company's stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of $151.18, for a total value of $992,194.34. Following the transaction, the chief executive officer owned 70,059 shares in the company, valued at $10,591,519.62. This trade represents a 8.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 31,729 shares of company stock valued at $4,822,884. 0.24% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Electronic Arts

Large investors have recently made changes to their positions in the stock. Brighton Jones LLC grew its position in Electronic Arts by 9.4% in the fourth quarter. Brighton Jones LLC now owns 3,420 shares of the game software company's stock worth $500,000 after acquiring an additional 294 shares during the period. Choreo LLC grew its position in Electronic Arts by 17.8% in the fourth quarter. Choreo LLC now owns 4,041 shares of the game software company's stock worth $592,000 after acquiring an additional 610 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Electronic Arts by 9.2% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 38,252 shares of the game software company's stock worth $5,596,000 after acquiring an additional 3,225 shares during the period. Tobam purchased a new position in Electronic Arts in the fourth quarter worth approximately $58,000. Finally, Apollon Wealth Management LLC grew its position in Electronic Arts by 43.6% in the fourth quarter. Apollon Wealth Management LLC now owns 5,055 shares of the game software company's stock worth $740,000 after acquiring an additional 1,536 shares during the period. 90.23% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Electronic Arts Company Profile

Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands.