Electronic Arts (NASDAQ:EA) Boosted to "Purchase" at ValuEngine

Posted May 12, 2018

The Jag Capital Management Llc holds 45,500 shares with $4.78 million value, down from 167,750 last quarter. British Columbia Management Corporation invested in 0.22% or 294,566 shares. The stock decreased 4.64% or $3.82 during the last trading session, reaching $78.51. The company had a trading volume of 103,678 shares, compared to its average volume of 3,359,609. (NASDAQ:EA) were released by: Nasdaq.com and their article: "Electronic Arts Inc". It has outperformed by 23.23% the S&P500.

More notable recent Electronic Arts Inc. (NASDAQ:EA) were released by: Seekingalpha.com and their article: "Electronic Arts shuffles executive suite" published on April 12, 2018 as well as Seekingalpha.com's news article titled: "Game Plan For The Week - Cramer's Mad Money (5/4/18)" with publication date: May 07, 2018. For more information about the adoption of Topic 606 and information with respect to mobile platform fees, please refer to the FAQ document, dated as of May 8, 2018, posted on our IR website. (NASDAQ:EA). The New York-based Force Cap Management Limited Com has invested 0.27% in Electronic Arts Inc.

If you look over the slides above and below, you'll see the majority of the firm's revenue came from digital sales - up 31% over Q4 2017. That's change of 0.30, from 2017Q3's 1.15. Funds hold 280.71 million shares thus 0.12% less from 2017Q3's 281.04 million shares. Quantbot Technology Ltd Partnership reported 13,807 shares stake. Jpmorgan Chase And Com holds 0.14% of its portfolio in Electronic Arts Inc. 43,855 were reported by Bedell Frazier Invest Counseling Ltd Liability Com. Argent Cap Ltd Liability Co holds 1,609 shares or 0.01% of its portfolio. First Bancorp Of Hutchinson invested in 0.15% or 2,473 shares. Congress Asset Mgmt Ma has invested 0.82% in Electronic Arts Inc. (NASDAQ:EA) for 110,875 shares.

Despite the controversy that has surrounded Electronic Arts since previous year, the company has managed to generate a great expectation for its upcoming releases, among which there are 2 titles that will show if BioWare will be able to get up after its recent stumble and what DICE has prepared for fans of the FPS title. (NASDAQ:EA) or 202,795 shares. Greenleaf Tru owns 279 shares for 0% of their portfolio. Virtus Inv Advisers Incorporated, Connecticut-based fund reported 80,079 shares. Finally, Wedbush reissued a buy rating and set a $138.00 price objective on shares of Electronic Arts in a research report on Wednesday, January 31st.

Electronic Arts had its "buy" rating reaffirmed by analysts at Barclays. Also, CFO Blake J. Jorgensen sold 10,500 shares of the company's stock in a transaction on Tuesday, March 6th. Miele Laura sold $95,987 worth of Electronic Arts Inc. (NASDAQ:EA) or 5,000 shares. On Thursday, March 1 the insider Bruzzo Chris sold $184,536. On Friday, February 2 Schatz Jacob J. sold $125,370 worth of Electronic Arts Inc. (NASDAQ:EA) for 22.08M shs. Soderlund Patrick sold $593,860 worth of stock or 5,000 shares.

EA stock was up about 3.3% after the bell Tuesday. The positive are 81%. Electronic Arts had 97 analyst reports since July 28, 2015 according to SRatingsIntel. In any event, it seems like Electronic Arts has coyly stated that the the long-awaited Anthem beta is still coming, though its release window, length, and full scope still remain a mystery. On Friday, January 12 SunTrust maintained the shares of EA in report with "Buy" rating. $140.87's average target is 7.53% above currents $131.01 stock price. Buckingham Research maintained Electronic Arts Inc.

EA has also revised its long-term tax rate from 21% to 18% primarily due to changes resulting from recent tax legislation in the United States. (NASDAQ:EA) rating on Wednesday, January 31. On Monday, December 18 BTIG Research initiated Electronic Arts Inc.