Exclusive: What’s in Electronic Arts Inc. After Today’s Significant Increase?

Exclusive: What's in Electronic Arts Inc. After Today's Significant Increase?

The stock of Electronic Arts Inc. (NASDAQ:EA) is a huge mover today! About 643,603 shares traded hands. Electronic Arts Inc. (NASDAQ:EA) has risen 20.51% since April 26, 2016 and is uptrending. It has outperformed by 15.25% the S&P500.
The move comes after 8 months positive chart setup for the $24.25B company. It was reported on Nov, 29 by Barchart.com. We have $88.09 PT which if reached, will make NASDAQ:EA worth $2.18B more.

Analysts await Electronic Arts Inc. (NASDAQ:EA) to report earnings on January, 26. They expect $2.15 earnings per share, up 24.28% or $0.42 from last year’s $1.73 per share. EA’s profit will be $645.19M for 9.40 P/E if the $2.15 EPS becomes a reality. After $0.43 actual earnings per share reported by Electronic Arts Inc. for the previous quarter, Wall Street now forecasts 400.00% EPS growth.

Electronic Arts Inc. (NASDAQ:EA) Ratings Coverage

Out of 17 analysts covering Electronic Arts (NASDAQ:EA), 13 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 76% are positive. Electronic Arts has been the topic of 31 analyst reports since July 28, 2015 according to StockzIntelligence Inc. Mizuho maintained the shares of EA in a report on Friday, October 30 with “Buy” rating. The firm has “Overweight” rating given on Friday, September 23 by Morgan Stanley. As per Wednesday, November 2, the company rating was maintained by Benchmark. The rating was maintained by Mizuho on Wednesday, November 2 with “Neutral”. The stock has “Buy” rating given by Hilliard Lyons on Tuesday, February 9. The stock of Electronic Arts Inc. (NASDAQ:EA) has “Neutral” rating given on Wednesday, October 26 by Wedbush. The stock has “Outperform” rating given by Oppenheimer on Thursday, November 12. The firm earned “Buy” rating on Monday, May 23 by Benchmark. The stock has “Outperform” rating given by Oppenheimer on Friday, October 14. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Market Perform” rating by BMO Capital Markets on Wednesday, April 27.

According to Zacks Investment Research, “Electronic Arts Inc. operates in two principal business segments globally: EA Core business segment: creation, marketing and distribution of entertainment software and the EA.com business segment: creation, marketing and distribution of entertainment software which can be played or sold online.”

Insitutional Activity: The institutional sentiment increased to 0.81 in 2016 Q2. Its up 0.10, from 0.71 in 2016Q1. The ratio improved, as 60 funds sold all Electronic Arts Inc. shares owned while 245 reduced positions. 63 funds bought stakes while 155 increased positions. They now own 299.80 million shares or 2.26% less from 306.74 million shares in 2016Q1.
Synovus Corp owns 5,610 shares or 0.01% of their US portfolio. Rothschild Asset Mgmt last reported 0.01% of its portfolio in the stock. Redwood Invs Llc reported 212,269 shares or 1.48% of all its holdings. Technology Crossover Vi Ltd Company has 1.21 million shares for 100% of their US portfolio. Vision Capital Mgmt has invested 0.91% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). Blackrock Japan has 468,766 shares for 0.13% of their US portfolio. Creative Planning holds 10,693 shares or 0.01% of its portfolio. Bb&T Corp holds 0.13% or 81,000 shares in its portfolio. Smithfield Tru Co has 1,202 shares for 0.02% of their US portfolio. Umb Financial Bank N A Mo holds 3,054 shares or 0.01% of its portfolio. Primecap Mngmt Company Ca accumulated 1.50 million shares or 0.12% of the stock. Amica Mutual Ins has invested 0.13% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). Blackrock Institutional Tru Na last reported 8.19M shares in the company. Friess Assoc Limited Liability Company, a Wyoming-based fund reported 315,228 shares. Proshare Ltd has invested 0.12% of its portfolio in Electronic Arts Inc. (NASDAQ:EA).

Insider Transactions: Since May 31, 2016, the stock had 1 buying transaction, and 39 insider sales for $33.41 million net activity. Jorgensen Blake J sold $818,807 worth of stock. TOLEDANO GABRIELLE B sold $1.12 million worth of stock or 15,000 shares. Wilson Andrew sold $684,879 worth of stock or 8,000 shares. $668,963 worth of Electronic Arts Inc. (NASDAQ:EA) was sold by HOAG JAY C on Thursday, August 25. On Tuesday, November 8 the insider Warren Denise sold $205,457. $607,679 worth of Electronic Arts Inc. (NASDAQ:EA) shares were sold by Soderlund Patrick. $212,686 worth of Electronic Arts Inc. (NASDAQ:EA) shares were sold by Miele Laura.

More notable recent Electronic Arts Inc. (NASDAQ:EA) news were published by: Forbes.com which released: “Short Interest In Electronic Arts Falls 10%” on November 28, 2016, also Fool.com with their article: “Electronic Arts Inc. Sales Boosted by Sports, Star Wars Franchises” published on November 04, 2016, Seekingalpha.com published: “Electronic Arts Fell Short” on November 24, 2016. More interesting news about Electronic Arts Inc. (NASDAQ:EA) were released by: Wsj.com and their article: “Electronic Arts Earnings: What to Watch” published on November 01, 2016 as well as Wsj.com‘s news article titled: “Electronic Arts Says Revenue Up, Raises Outlook” with publication date: November 01, 2016.

EA Company Profile

Electronic Arts Inc., incorporated on May 8, 1991, develops, markets, publishes and distributes games, content and services that can be played by clients 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. The Firm markets and sells its games and services through retail channels and through digital distribution channels.

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