Electronic Arts, Inc. (NASDAQ: EA) is 6.51% higher on its value in year-to-date trading and has touched a low of $119.92 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 $144.35 in the last trading session, with the day’s gains setting it 1.36%.
Currently trading at $145.71, the stock is 1.59% and 0.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.29 million and changing 0.94% at the moment leaves the stock 5.21% off its SMA200. EA registered 13.63% gain for a year compared to 6-month gain of 14.62%. The firm has a 50-day simple moving average (SMA 50) of $145.0462 and a 200-day simple moving average (SMA200) of $138.49515.
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The stock witnessed a 4.41% loss in the last 1 month and extending the period to 3 months gives it a 2.62%, and is 1.07% 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 1.67% over the week and 1.41% over the month.
Electronic Arts, Inc. (EA) has around 13700 employees, a market worth around $38.50B and $7.26B in sales. Current P/E ratio is 34.24 and Fwd P/E is 17.17. Profit margin for the company is 15.84%. Distance from 52-week low is 21.51% and -5.08% from its 52-week high. The company has generated returns on investments over the last 12 months (12.40%).
with sales reaching $2.04B over the same period.The EPS is expected to grow by 11.64% this year, but quarterly earnings will post 2.50% year-over-year.
Electronic Arts, Inc. (EA) Top Institutional Holders
1452.0 institutions hold shares in Electronic Arts, Inc. (EA), with institutional investors hold 101.01% of the company’s shares. The shares outstanding are 266.42M, and float is at 238.81M with Short Float at 2.52%. Institutions hold 100.80% 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 Schatz Jacob J., the company’s EVP, Global Affairs and CLO. SEC filings show that Schatz Jacob J. sold 1,500 shares of the company’s common stock on Oct 15 ’24 at a price of $144.72 per share for a total of $0.22 million. Following the sale, the insider now owns 24860.0 shares.
Electronic Arts, Inc. disclosed in a document filed with the SEC on Oct 01 ’24 that Singh Vijayanthimala (Chief People Officer) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Oct 01 ’24 and was made at $143.24 per share for $0.14 million. Following the transaction, the insider now directly holds 29190.0 shares of the EA stock.
Still, SEC filings show that on Sep 25 ’24, Wilson Andrew (Chairman & CEO) disposed off 2,500 shares at an average price of $141.50 for $0.35 million. The insider now directly holds 54,247 shares of Electronic Arts, Inc. (EA).
