4,443 Shares in Electronic Arts Inc. $EA Bought by Integrity Alliance LLC.

Integrity Alliance LLC. bought a new position in shares of Electronic Arts Inc. (NASDAQ:EA) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,443 shares of the game software company’s stock, valued at approximately $908,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ameriflex Group Inc. boosted its stake in Electronic Arts by 100.0% during the third quarter. Ameriflex Group Inc. now owns 138 shares of the game software company’s stock worth $28,000 after acquiring an additional 69 shares in the last quarter. Oakworth Capital Inc. bought a new position in Electronic Arts during the third quarter worth $30,000. Salomon & Ludwin LLC boosted its stake in Electronic Arts by 32.8% during the fourth quarter. Salomon & Ludwin LLC now owns 231 shares of the game software company’s stock worth $47,000 after acquiring an additional 57 shares in the last quarter. Tidemark LLC bought a new position in Electronic Arts during the third quarter worth $50,000. Finally, Asset Dedication LLC boosted its stake in Electronic Arts by 333.3% during the third quarter. Asset Dedication LLC now owns 260 shares of the game software company’s stock worth $52,000 after acquiring an additional 200 shares in the last quarter. 90.23% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on EA. Citigroup increased their target price on shares of Electronic Arts from $202.00 to $204.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Argus reissued a “hold” rating on shares of Electronic Arts in a research report on Thursday. Weiss Ratings raised shares of Electronic Arts from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Finally, UBS Group reiterated a “neutral” rating on shares of Electronic Arts in a research note on Wednesday, February 4th. Two equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $196.64.

Electronic Arts Stock Up 0.2%

Shares of NASDAQ:EA opened at $201.15 on Friday. The stock has a market capitalization of $50.44 billion, a P/E ratio of 57.64, a price-to-earnings-growth ratio of 2.21 and a beta of 0.66. Electronic Arts Inc. has a 12-month low of $141.19 and a 12-month high of $204.88. The stock’s 50-day moving average price is $202.05 and its 200-day moving average price is $202.26. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.22.

Electronic Arts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, May 27th will be paid a dividend of $0.19 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.76 dividend on an annualized basis and a yield of 0.4%. Electronic Arts’s dividend payout ratio is presently 21.78%.

Insider Activity at Electronic Arts

In related news, CFO Stuart Canfield sold 1,500 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $201.36, for a total transaction of $302,040.00. Following the sale, the chief financial officer owned 25,991 shares of the company’s stock, valued at $5,233,547.76. This represents a 5.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Jacob J. Schatz sold 5,000 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $201.19, for a total transaction of $1,005,950.00. Following the sale, the executive vice president directly owned 42,287 shares in the company, valued at approximately $8,507,721.53. The trade was a 10.57% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 39,906 shares of company stock valued at $8,032,336 over the last quarter. 0.24% of the stock is currently owned by insiders.

Electronic Arts Company 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.