Electronic Arts Inc. (NASDAQ:EA) CFO Blake J. Jorgensen sold 10,000 shares of the company’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $100.27, for a total value of $1,002,700.00. Following the sale, the chief financial officer now owns 169,614 shares of the company’s stock, valued at $17,007,195.78. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Electronic Arts Inc. (EA) opened at $103.18 on Thursday. Electronic Arts Inc. has a 1 year low of $76.42 and a 1 year high of $122.79. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.38 and a current ratio of 2.38. The stock has a market capitalization of $31,833.33, a PE ratio of 26.58, a PEG ratio of 1.70 and a beta of 0.61.
Institutional investors and hedge funds have recently modified their holdings of the company. Allen Investment Management LLC acquired a new stake in Electronic Arts during the second quarter worth approximately $905,000. Cullen Frost Bankers Inc. grew its stake in Electronic Arts by 4.3% during the third quarter. Cullen Frost Bankers Inc. now owns 103,220 shares of the game software company’s stock worth $12,186,000 after purchasing an additional 4,254 shares during the period. Delta Lloyd Asset Management N.V. acquired a new stake in Electronic Arts during the second quarter worth approximately $3,019,000. Swiss National Bank grew its stake in Electronic Arts by 5.3% during the second quarter. Swiss National Bank now owns 1,125,555 shares of the game software company’s stock worth $118,994,000 after purchasing an additional 56,300 shares during the period. Finally, Janus Henderson Group PLC grew its stake in Electronic Arts by 65.0% during the second quarter. Janus Henderson Group PLC now owns 1,425,278 shares of the game software company’s stock worth $150,688,000 after purchasing an additional 561,322 shares during the period. Institutional investors own 93.78% of the company’s stock.
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Electronic Arts Company Profile
Electronic Arts Inc develops, markets, publishes and distributes games, content and services that can be played by consumers on a range of platforms, which include consoles, personal computers (PCs), mobile phones and tablets. The Company’s games and services are based on a portfolio of intellectual property that includes established brands, such as FIFA, Madden NFL, Star Wars, Battlefield, the Sims and Need for Speed.
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