Electronic Arts, Inc. (NASDAQ: EA) is 6.59% higher on its value in year-to-date trading and has touched a low of $117.47 and a high of $153.51 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EA stock was last observed hovering at around $144.75 in the last trading session, with the day’s gains setting it 1.08%.
Currently trading at $145.83, the stock is -1.05% and -0.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.45 million and changing 0.75% at the moment leaves the stock 5.87% off its SMA200. EA registered 19.85% gain for a year compared to 6-month gain of 8.00%.
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The stock witnessed a -0.43% loss in the last 1 month and extending the period to 3 months gives it a 7.33%, and is 1.26% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.52% over the week and 1.61% over the month.
Electronic Arts, Inc. (EA) has around 13700 employees, a market worth around $38.53B and $7.26B in sales. Current P/E ratio is 34.27 and Fwd P/E is 17.17. Profit margin for the company is 15.84%. Distance from 52-week low is 24.14% and -5.00% from its 52-week high. The company has generated returns on investments over the last 12 months (12.40%).
The EPS is expected to grow by 11.09% this year.
Electronic Arts, Inc. (EA) Top Institutional Holders
1462.0 institutions hold shares in Electronic Arts, Inc. (EA), with institutional investors hold 98.41% of the company’s shares. The shares outstanding are 266.42M, and float is at 238.81M with Short Float at 2.64%. Institutions hold 98.20% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 29.11 million shares valued at $4.06 billion. The investor’s holdings represent 10.7832% of the EA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 27.82 million shares valued at $3.88 billion to account for 10.3025 of the shares outstanding. The other top investors are PUBLIC INVESTMENT FUND which holds 24.81 million shares representing 9.1881% and valued at over $3.46 billion, while STATE STREET CORP holds 5.8125 of the shares totaling 15.69 million with a market value of $2.19 billion.
Electronic Arts, Inc. (EA) Insider Activity
The most recent transaction is an insider sale by Singh Vijayanthimala, the company’s Chief People Officer. SEC filings show that Singh Vijayanthimala sold 1,000 shares of the company’s common stock on Sep 03 ’24 at a price of $151.70 per share for a total of $0.15 million. Following the sale, the insider now owns 30190.0 shares.
Electronic Arts, Inc. disclosed in a document filed with the SEC on Aug 28 ’24 that Singh Vijayanthimala (Chief People Officer) sold a total of 7,384 shares of the company’s common stock. The trade occurred on Aug 28 ’24 and was made at $149.91 per share for $1.11 million. Following the transaction, the insider now directly holds 31190.0 shares of the EA stock.
Still, SEC filings show that on Aug 28 ’24, Schatz Jacob J. (EVP, Global Affairs and CLO) disposed off 1,500 shares at an average price of $149.32 for $0.22 million. The insider now directly holds 27,860 shares of Electronic Arts, Inc. (EA).
