Electronic Arts, Inc (NASDAQ: EA) is 18.84% higher on its value in year-to-date trading and has touched a low of $124.92 and a high of $168.50 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 $163.92 in the last trading session, with the day’s loss setting it -1.33%.
Currently trading at $162.59, the stock is -1.58% and 4.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.6 million and changing -0.81% at the moment leaves the stock 14.27% off its SMA200. EA registered 15.86% gain for a year compared to 6-month gain of 19.67%. The firm has a 50-day simple moving average (SMA 50) of $154.884 and a 200-day simple moving average (SMA200) of $142.17485.
The stock witnessed a -0.17% loss in the last 1 month and extending the period to 3 months gives it a 11.49%, and is -1.83% down 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 1.58% over the week and 1.65% over the month.
Electronic Arts, Inc (EA) has around 13700 employees, a market worth around $42.64B and $7.39B in sales. Current P/E ratio is 41.75 and Fwd P/E is 19.06. Profit margin for the company is 14.16%. Distance from 52-week low is 30.16% and -3.51% from its 52-week high. The company has generated returns on investments over the last 12 months (11.26%).
The EPS is expected to grow by 12.86% this year
1501.0 institutions hold shares in Electronic Arts, Inc (EA), with institutional investors hold 98.28% of the company’s shares. The shares outstanding are 263.15M, and float is at 236.89M with Short Float at 2.68%. Institutions hold 98.10% 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 Dec 02 ’24 at a price of $164.45 per share for a total of $0.16 million. Following the sale, the insider now owns 30216.0 shares.
Still, SEC filings show that on Nov 20 ’24, Wilson Andrew (Chairman & CEO) disposed off 5,000 shares at an average price of $166.47 for $0.83 million. The insider now directly holds 52,615 shares of Electronic Arts, Inc (EA).
