Advisory Alpha LLC Has $780,000 Holdings in Electronic Arts Inc. $EA

Advisory Alpha LLC increased its stake in shares of Electronic Arts Inc.

( NASDAQ:EA Free Report ) by 12.8% in the first quarter, Holdings Channel reports.

The firm owned 5,398 shares of the game software companys stock after buying an additional 611 shares during the quarter.

Advisory Alpha LLCs holdings in Electronic Arts were worth $780,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EA.

Ameriprise Financial Inc.

grew its stake in Electronic Arts by 197.5% in the first quarter.

Ameriprise Financial Inc.

now owns 2,916,693 shares of the game software companys stock valued at $421,524,000 after acquiring an additional 1,936,313 shares during the period.

Alyeska Investment Group L.P.

acquired a new position in Electronic Arts in the first quarter valued at about $225,102,000.

Nuveen LLC acquired a new position in Electronic Arts in the first quarter valued at about $203,537,000.

Goldman Sachs Group Inc.

grew its stake in Electronic Arts by 62.7% in the first quarter.

Goldman Sachs Group Inc.

now owns 3,253,505 shares of the game software companys stock valued at $470,197,000 after acquiring an additional 1,254,194 shares during the period.

Finally, ING Groep NV grew its stake in Electronic Arts by 3,477.8% in the first quarter.

ING Groep NV now owns 1,163,747 shares of the game software companys stock valued at $168,185,000 after acquiring an additional 1,131,220 shares during the period.

90.23% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets A number of research firms have issued reports on EA.

Bank of America boosted their target price on Electronic Arts from $166.00 to $168.00 and gave the company a neutral rating in a research note on Wednesday, July 30th.

Robert W.

Baird boosted their price target on Electronic Arts from $168.00 to $170.00 and gave the company an outperform rating in a report on Wednesday, July 30th.

Arete upgraded Electronic Arts from a neutral rating to a buy rating and set a $192.00 price target on the stock in a report on Tuesday, August 5th.

Wall Street Zen lowered Electronic Arts from a buy rating to a hold rating in a report on Saturday, August 2nd.

Finally, UBS Group set a $167.00 price target on Electronic Arts and gave the company a neutral rating in a report on Friday, August 1st.

Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fifteen have assigned a Hold rating to the stock.

According to data from MarketBeat.com, the company has an average rating of Moderate Buy and a consensus price target of $167.12.

Electronic Arts Stock Performance EA opened at $166.04 on Wednesday.

Electronic Arts Inc.

has a 52-week low of $115.21 and a 52-week high of $180.90.

The firm has a market capitalization of $41.54 billion, a PE ratio of 41.61, a PEG ratio of 2.17 and a beta of 0.75.

The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.84 and a current ratio of 0.84.

The businesss 50-day simple moving average is $162.09 and its 200 day simple moving average is $151.02.

Electronic Arts Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th.

Shareholders of record on Wednesday, August 27th will be given a dividend of $0.19 per share.

This represents a $0.76 dividend on an annualized basis and a yield of 0.5%.

The ex-dividend date of this dividend is Wednesday, August 27th.

Electronic Artss payout ratio is 19.05%.

Insiders Place Their Bets In other Electronic Arts news, insider Vijayanthimala Singh sold 1,200 shares of the businesss stock in a transaction that occurred on Wednesday, August 27th.

The stock was sold at an average price of $172.26, for a total transaction of $206,712.00.

Following the transaction, the insider owned 35,931 shares of the companys stock, valued at $6,189,474.06.

The trade was a 3.23% decrease in their ownership of the stock.

The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink .

Also, EVP Jacob J.

Schatz sold 1,500 shares of the businesss stock in a transaction that occurred on Monday, June 16th.

The stock was sold at an average price of $148.69, for a total value of $223,035.00.

Following the transaction, the executive vice president directly owned 29,948 shares in the company, valued at approximately $4,452,968.12.

This trade represents a 4.77% decrease in their position.

The disclosure for this sale can be found here .

Insiders sold 29,900 shares of company stock worth $4,778,597 in the last three months.

0.24% of the stock is owned by corporate insiders.

Electronic Arts Profile ( Free Report ) 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.

Further Reading Five stocks we like better than Electronic Arts Low PE Growth Stocks: Unlocking Investment Opportunities Augusts Most Upgraded: 3 Stocks With +20 Price Target Increases What is a Bond Market Holiday? How to Invest and Trade Is Qualcomm Teslas Next Rival in Autonomous Driving? Are Penny Stocks a Good Fit for Your Portfolio? 3 Under-the-Radar Biotechs Under $5 That Could Soar 200% Want to see what other hedge funds are holding EA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Electronic Arts Inc.

( NASDAQ:EA Free Report ).

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