Electronic Arts Inc. (NASDAQ:EA – Get Free Report) COO Laura Miele sold 2,000 shares of the stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $128.15, for a total value of $256,300.00. Following the completion of the transaction, the chief operating officer now directly owns 32,772 shares of the company’s stock, valued at $4,199,731.80. The sale was disclosed in a filing with the SEC, which is available through this link.
Laura Miele also recently made the following trade(s):
- On Monday, April 1st, Laura Miele sold 2,000 shares of Electronic Arts stock. The stock was sold at an average price of $132.82, for a total value of $265,640.00.
- On Friday, March 1st, Laura Miele sold 2,000 shares of Electronic Arts stock. The stock was sold at an average price of $139.08, for a total value of $278,160.00.
Electronic Arts Price Performance
NASDAQ EA opened at $129.56 on Monday. Electronic Arts Inc. has a fifty-two week low of $117.47 and a fifty-two week high of $144.53. The stock’s 50-day moving average is $131.99 and its two-hundred day moving average is $134.45. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.33 and a quick ratio of 1.33. The firm has a market cap of $34.64 billion, a P/E ratio of 32.63, a price-to-earnings-growth ratio of 1.73 and a beta of 0.78.
Analyst Ratings Changes
Check Out Our Latest Stock Report on Electronic Arts
Hedge Funds Weigh In On Electronic Arts
Several institutional investors have recently bought and sold shares of the stock. WBI Investments LLC raised its holdings in Electronic Arts by 246.5% during the first quarter. WBI Investments LLC now owns 27,833 shares of the game software company’s stock valued at $3,693,000 after buying an additional 19,800 shares in the last quarter. Mediolanum International Funds Ltd bought a new position in Electronic Arts during the first quarter valued at about $11,813,000. RIA Advisory Group LLC bought a new position in shares of Electronic Arts in the first quarter worth about $627,000. BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of Electronic Arts by 82.6% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 25,074 shares of the game software company’s stock worth $3,327,000 after purchasing an additional 11,343 shares during the period. Finally, Lorne Steinberg Wealth Management Inc. increased its stake in shares of Electronic Arts by 0.3% in the first quarter. Lorne Steinberg Wealth Management Inc. now owns 43,750 shares of the game software company’s stock worth $5,804,000 after purchasing an additional 117 shares during the period. 90.23% of the stock is currently owned by institutional investors.
About Electronic Arts
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.
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