1,579 Shares in Electronic Arts Inc. $EA Acquired by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC bought a new stake in Electronic Arts Inc. (NASDAQ:EA) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,579 shares of the game software company’s stock, valued at approximately $252,000.

Other hedge funds have also recently bought and sold shares of the company. Salomon & Ludwin LLC grew its position in shares of Electronic Arts by 70.1% during the second quarter. Salomon & Ludwin LLC now owns 165 shares of the game software company’s stock worth $26,000 after buying an additional 68 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in Electronic Arts by 3.7% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 2,023 shares of the game software company’s stock worth $323,000 after buying an additional 72 shares during the last quarter. Bank of Jackson Hole Trust grew its position in shares of Electronic Arts by 56.4% in the 1st quarter. Bank of Jackson Hole Trust now owns 208 shares of the game software company’s stock worth $30,000 after acquiring an additional 75 shares in the last quarter. Financial Management Professionals Inc. increased its holdings in shares of Electronic Arts by 13.6% in the 2nd quarter. Financial Management Professionals Inc. now owns 636 shares of the game software company’s stock valued at $102,000 after acquiring an additional 76 shares during the last quarter. Finally, NewSquare Capital LLC raised its position in shares of Electronic Arts by 67.5% during the 2nd quarter. NewSquare Capital LLC now owns 196 shares of the game software company’s stock valued at $31,000 after acquiring an additional 79 shares in the last quarter. Institutional investors and hedge funds own 90.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on EA shares. Arete raised shares of Electronic Arts from a “neutral” rating to a “buy” rating and set a $192.00 price objective for the company in a report on Tuesday, August 5th. Arete Research set a $192.00 price target on shares of Electronic Arts in a report on Tuesday, August 5th. Citigroup increased their price objective on shares of Electronic Arts from $206.00 to $207.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Electronic Arts in a report on Wednesday, October 8th. Finally, BMO Capital Markets upped their target price on Electronic Arts from $166.00 to $210.00 and gave the company a “market perform” rating in a report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, twenty-five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Electronic Arts currently has an average rating of “Hold” and an average target price of $181.64.

Electronic Arts Stock Performance

Shares of NASDAQ EA opened at $200.77 on Tuesday. Electronic Arts Inc. has a 12-month low of $115.21 and a 12-month high of $203.75. The company has a market cap of $50.07 billion, a PE ratio of 58.70, a P/E/G ratio of 3.04 and a beta of 0.74. The stock has a 50 day simple moving average of $192.87 and a 200-day simple moving average of $169.46. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.25.

Electronic Arts (NASDAQ:EA) last posted its earnings results on Tuesday, October 28th. The game software company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.07). Electronic Arts had a net margin of 12.14% and a return on equity of 15.30%. The business had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.88 billion. During the same quarter in the prior year, the business earned $1.11 earnings per share. The firm’s revenue was down 12.6% compared to the same quarter last year. On average, equities research analysts forecast that Electronic Arts Inc. will post 4.71 EPS for the current year.

Electronic Arts Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Wednesday, December 3rd. Electronic Arts’s payout ratio is 22.22%.

Insider Activity at Electronic Arts

In other Electronic Arts news, CFO Stuart Canfield sold 6,500 shares of the stock in a transaction on Monday, September 29th. The stock was sold at an average price of $203.40, for a total transaction of $1,322,100.00. Following the completion of the transaction, the chief financial officer directly owned 5,140 shares of the company’s stock, valued at approximately $1,045,476. This trade represents a 55.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Andrew Wilson sold 5,000 shares of Electronic Arts stock in a transaction on Monday, October 20th. The shares were sold at an average price of $200.55, for a total value of $1,002,750.00. Following the transaction, the chief executive officer owned 42,393 shares in the company, valued at approximately $8,501,916.15. This trade represents a 10.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 38,200 shares of company stock worth $7,149,882 in the last three months. Insiders own 0.24% of the company’s stock.

Electronic Arts Company Profile

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.