QRG Capital Management Inc. trimmed its holdings in shares of Electronic Arts Inc. (NASDAQ:EA – Free Report) by 32.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 14,845 shares of the game software company’s stock after selling 7,240 shares during the period. QRG Capital Management Inc.’s holdings in Electronic Arts were worth $2,994,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in EA. Salomon & Ludwin LLC boosted its holdings in Electronic Arts by 70.1% in the second quarter. Salomon & Ludwin LLC now owns 165 shares of the game software company’s stock worth $26,000 after acquiring an additional 68 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of Electronic Arts by 131.9% during the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 167 shares of the game software company’s stock valued at $34,000 after acquiring an additional 95 shares in the last quarter. MTM Investment Management LLC purchased a new position in shares of Electronic Arts in the 2nd quarter worth about $30,000. Frazier Financial Advisors LLC boosted its stake in Electronic Arts by 328.9% in the 2nd quarter. Frazier Financial Advisors LLC now owns 193 shares of the game software company’s stock worth $31,000 after purchasing an additional 148 shares in the last quarter. Finally, NewSquare Capital LLC grew its position in Electronic Arts by 67.5% during the 2nd quarter. NewSquare Capital LLC now owns 196 shares of the game software company’s stock valued at $31,000 after purchasing an additional 79 shares during the last quarter. Hedge funds and other institutional investors own 90.23% of the company’s stock.
Analysts Set New Price Targets
Several brokerages have recently issued reports on EA. Jefferies Financial Group downgraded shares of Electronic Arts from a “buy” rating to a “hold” rating and upped their target price for the stock from $200.00 to $210.00 in a research note on Tuesday, September 30th. Cowen downgraded Electronic Arts from a “buy” rating to a “hold” rating in a research note on Wednesday, October 1st. Hsbc Global Res cut Electronic Arts from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Citigroup upped their price target on Electronic Arts from $206.00 to $207.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Finally, TD Cowen downgraded Electronic Arts from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 1st. Four analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $181.21.
Insider Buying and Selling at Electronic Arts
In other Electronic Arts news, insider Laura Miele sold 2,500 shares of the company’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $204.27, for a total value of $510,675.00. Following the completion of the sale, the insider owned 50,648 shares in the company, valued at $10,345,866.96. This represents a 4.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Vijayanthimala Singh sold 1,200 shares of the firm’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $204.30, for a total value of $245,160.00. Following the completion of the transaction, the insider directly owned 32,360 shares in the company, valued at $6,611,148. This trade represents a 3.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 123,769 shares of company stock valued at $24,943,734 in the last ninety days. 0.24% of the stock is currently owned by company insiders.
More Electronic Arts News
Here are the key news stories impacting Electronic Arts this week:
- Positive Sentiment: EA landed five titles on PlayStation’s top downloads list, highlighting strong consumer demand and momentum at a key partner just as reports swirl about a potential ~$55 billion privatization — positive for valuation and negotiators. Read More.
- Positive Sentiment: An executive producer from Ubisoft’s The Division has joined the Battlefield 6 development team at EA — a talent gain that could strengthen Battlefield’s roadmap and future updates. Read More.
- Positive Sentiment: A 2025 EA title is now free to download with Nintendo Switch Online, a low-cost user-acquisition move that can expand the player base and monetization funnel. Read More.
- Positive Sentiment: EA SPORTS FC revealed its Team of the Year (TOTY) event, a recurring engagement/microtransaction driver that typically boosts short-term revenue and player activity. Read More.
- Negative Sentiment: EA delayed Battlefield 6 Season 2 to February; the pushback could compress near-term live-service revenue and risk player churn if content cadence slips. Read More.
- Negative Sentiment: Insider selling: CEO Andrew Wilson sold 5,000 shares (~$1.02M), Laura Miele sold 2,500 shares (~$510.7K), and Vijayanthimala Singh sold 1,200 shares (~$245.2K) on Jan 15 — sizeable disposals that can weigh on investor sentiment even if for routine reasons. SEC filing for the CEO sale: Read More.
Electronic Arts Price Performance
Shares of NASDAQ:EA opened at $204.25 on Monday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $51.08 billion, a PE ratio of 59.72, a price-to-earnings-growth ratio of 2.41 and a beta of 0.73. The firm’s 50 day moving average price is $203.28 and its 200-day moving average price is $185.78. Electronic Arts Inc. has a twelve month low of $115.21 and a twelve month high of $204.88.
Electronic Arts (NASDAQ:EA – Get Free Report) last announced its earnings results on Tuesday, October 28th. The game software company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.07). Electronic Arts had a net margin of 12.14% and a return on equity of 15.30%. The business had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.88 billion. During the same period in the prior year, the company posted $1.11 earnings per share. The firm’s quarterly revenue was down 12.6% on a year-over-year basis. Equities research analysts expect that Electronic Arts Inc. will post 4.71 EPS for the current year.
Electronic Arts Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Wednesday, December 3rd were given a dividend of $0.19 per share. The ex-dividend date was Wednesday, December 3rd. This represents a $0.76 annualized dividend and a yield of 0.4%. Electronic Arts’s payout ratio is 22.22%.
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.
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