Electronic Arts Inc. (NASDAQ:EA) Shares Acquired by V Square Quantitative Management LLC

V Square Quantitative Management LLC increased its holdings in Electronic Arts Inc. (NASDAQ:EA) by 10.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,432 shares of the game software company’s stock after acquiring an additional 951 shares during the quarter. V Square Quantitative Management LLC’s holdings in Electronic Arts were worth $1,526,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Geode Capital Management LLC lifted its stake in shares of Electronic Arts by 0.4% in the third quarter. Geode Capital Management LLC now owns 6,671,657 shares of the game software company’s stock worth $954,358,000 after acquiring an additional 26,505 shares in the last quarter. Swedbank AB increased its holdings in Electronic Arts by 6.3% in the fourth quarter. Swedbank AB now owns 1,607,817 shares of the game software company’s stock valued at $235,224,000 after buying an additional 95,190 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in Electronic Arts by 51.5% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,099,746 shares of the game software company’s stock valued at $160,893,000 after buying an additional 373,730 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in Electronic Arts by 28.1% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 940,942 shares of the game software company’s stock valued at $134,969,000 after buying an additional 206,623 shares during the last quarter. Finally, Franklin Resources Inc. increased its holdings in Electronic Arts by 8.4% in the third quarter. Franklin Resources Inc. now owns 863,899 shares of the game software company’s stock valued at $124,548,000 after buying an additional 66,797 shares during the last quarter. Institutional investors and hedge funds own 90.23% of the company’s stock.

Insider Activity

In other Electronic Arts news, insider Vijayanthimala Singh sold 1,000 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $164.45, for a total transaction of $164,450.00. Following the sale, the insider now directly owns 30,216 shares of the company’s stock, valued at $4,969,021.20. The trade was a 3.20 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Laura Miele sold 2,500 shares of the business’s stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $130.83, for a total transaction of $327,075.00. Following the sale, the insider now directly owns 47,514 shares in the company, valued at approximately $6,216,256.62. This trade represents a 5.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 24,500 shares of company stock worth $3,644,635. Insiders own 0.22% of the company’s stock.

Electronic Arts Stock Performance

Shares of EA stock opened at $129.82 on Friday. The firm has a market capitalization of $33.83 billion, a price-to-earnings ratio of 33.03, a price-to-earnings-growth ratio of 2.74 and a beta of 0.79. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.38 and a quick ratio of 1.43. Electronic Arts Inc. has a 12-month low of $115.21 and a 12-month high of $168.50. The business has a 50 day simple moving average of $141.18 and a 200 day simple moving average of $147.02.

Electronic Arts (NASDAQ:EA) last released its earnings results on Tuesday, February 4th. The game software company reported $2.34 earnings per share for the quarter, missing analysts’ consensus estimates of $3.41 by ($1.07). Electronic Arts had a return on equity of 17.80% and a net margin of 14.28%. On average, equities research analysts anticipate that Electronic Arts Inc. will post 4.99 EPS for the current year.

Electronic Arts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, February 26th will be given a dividend of $0.19 per share. The ex-dividend date is Wednesday, February 26th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.59%. Electronic Arts’s dividend payout ratio (DPR) is presently 19.34%.

Analyst Upgrades and Downgrades

EA has been the subject of several research analyst reports. Benchmark lowered their price objective on Electronic Arts from $163.00 to $140.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Wedbush reissued an “outperform” rating and issued a $173.00 price objective on shares of Electronic Arts in a report on Thursday, January 23rd. BNP Paribas lowered Electronic Arts from an “outperform” rating to a “neutral” rating and set a $125.00 price objective for the company. in a report on Monday, January 27th. Robert W. Baird lowered their price objective on Electronic Arts from $175.00 to $158.00 and set an “outperform” rating for the company in a report on Thursday, January 23rd. Finally, StockNews.com lowered Electronic Arts from a “strong-buy” rating to a “buy” rating in a report on Wednesday, February 5th. Twelve equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $155.24.

About Electronic Arts

Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands.