WBI Investments LLC lessened its stake in shares of Electronic Arts Inc. (NASDAQ:EA – Free Report) by 76.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,224 shares of the game software company’s stock after selling 7,306 shares during the quarter. WBI Investments LLC’s holdings in Electronic Arts were worth $449,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in EA. EverSource Wealth Advisors LLC raised its position in Electronic Arts by 2.4% in the third quarter. EverSource Wealth Advisors LLC now owns 2,108 shares of the game software company’s stock valued at $425,000 after purchasing an additional 50 shares during the period. Ballentine Partners LLC lifted its stake in Electronic Arts by 1.2% during the third quarter. Ballentine Partners LLC now owns 4,783 shares of the game software company’s stock worth $965,000 after purchasing an additional 59 shares in the last quarter. Physician Wealth Advisors Inc. boosted its position in shares of Electronic Arts by 5.9% during the third quarter. Physician Wealth Advisors Inc. now owns 1,053 shares of the game software company’s stock worth $212,000 after buying an additional 59 shares during the period. Linden Thomas Advisory Services LLC grew its stake in shares of Electronic Arts by 3.6% in the third quarter. Linden Thomas Advisory Services LLC now owns 1,941 shares of the game software company’s stock valued at $392,000 after buying an additional 67 shares in the last quarter. Finally, SBI Securities Co. Ltd. grew its stake in shares of Electronic Arts by 20.5% in the third quarter. SBI Securities Co. Ltd. now owns 399 shares of the game software company’s stock valued at $80,000 after buying an additional 68 shares in the last quarter. 90.23% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In other Electronic Arts news, insider Laura Miele sold 2,500 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $199.95, for a total value of $499,875.00. Following the sale, the insider directly owned 45,843 shares of the company’s stock, valued at approximately $9,166,307.85. This represents a 5.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Vijayanthimala Singh sold 1,200 shares of Electronic Arts stock in a transaction on Monday, March 16th. The stock was sold at an average price of $199.69, for a total transaction of $239,628.00. Following the sale, the insider directly owned 29,960 shares of the company’s stock, valued at approximately $5,982,712.40. This trade represents a 3.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 27,600 shares of company stock worth $5,553,319. Insiders own 0.24% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Analysis on Electronic Arts
Electronic Arts Price Performance
Shares of NASDAQ EA opened at $200.61 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.93 and a quick ratio of 0.93. The company has a market cap of $50.20 billion, a price-to-earnings ratio of 75.42, a price-to-earnings-growth ratio of 2.38 and a beta of 0.75. The stock’s 50-day moving average is $201.69 and its two-hundred day moving average is $197.69. Electronic Arts Inc. has a 1-year low of $131.15 and a 1-year high of $204.88.
Electronic Arts Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Wednesday, February 25th were paid a $0.19 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $0.76 dividend on an annualized basis and a yield of 0.4%. Electronic Arts’s payout ratio is currently 28.57%.
More Electronic Arts News
Here are the key news stories impacting Electronic Arts this week:
- Positive Sentiment: Take‑private financing advancing — A JPMorgan‑led syndicate has begun marketing a ~$5.75B term‑loan B (part of a larger financing package) tied to the $55B buyout, signaling momentum behind the deal and supporting the takeover premium for public EA shareholders. Back-to-back Qualtrics, EA debt sales to test bond investors’ appetites
- Neutral Sentiment: Market test for the debt package — Banks have started preparing to offload roughly $18B of debt tied to the take‑private; successful placement would clear a major execution hurdle, while weak demand could force terms changes or slow the timeline. Banks prepare to offload $18bn in debt tied to EA take-private deal
- Neutral Sentiment: Potential product/strategy changes under new ownership — Coverage about buyer plans and possible changes to EA titles is circulating; these items shape long‑term fundamentals but don’t alter the near‑term financing story. $55 billion EA takeover: Changes coming to your favourite games
- Negative Sentiment: Insider selling — Multiple insiders, including CEO Andrew Wilson (5,000 shares), EVP Laura Miele (2,500 shares) and other executives sold shares on March 16; contemporaneous sales by senior executives can raise governance/questions about timing or diversification, and may weigh on sentiment absent explanation. Andrew Wilson Form 4 Laura Miele Form 4 Vijayanthimala Singh Form 4
Electronic Arts Profile
Electronic Arts Inc (NASDAQ: EA) is a global interactive entertainment company headquartered in Redwood City, California. Founded in 1982 by Trip Hawkins, EA develops, publishes and distributes video games and related content for a variety of platforms, including consoles, personal computers and mobile devices. The company combines in-house development, partnerships and studio acquisitions to create and maintain a portfolio of entertainment properties and live-service experiences for players worldwide.
EA’s product lineup spans several well-known franchises and genres.
Further Reading
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