Thrivent Financial for Lutherans Cuts Stock Holdings in Electronic Arts Inc. $EA

Thrivent Financial for Lutherans lessened its stake in Electronic Arts Inc. (NASDAQ:EA) by 12.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,542 shares of the game software company’s stock after selling 2,679 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Electronic Arts were worth $3,942,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Salomon & Ludwin LLC grew its position in Electronic Arts by 70.1% during the second quarter. Salomon & Ludwin LLC now owns 165 shares of the game software company’s stock valued at $26,000 after acquiring an additional 68 shares during the period. E Fund Management Hong Kong Co. Ltd. grew its holdings in shares of Electronic Arts by 131.9% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 167 shares of the game software company’s stock worth $34,000 after purchasing an additional 95 shares during the period. MTM Investment Management LLC acquired a new stake in Electronic Arts during the 2nd quarter worth approximately $30,000. Frazier Financial Advisors LLC increased its position in Electronic Arts by 328.9% during the 2nd quarter. Frazier Financial Advisors LLC now owns 193 shares of the game software company’s stock worth $31,000 after purchasing an additional 148 shares in the last quarter. Finally, NewSquare Capital LLC raised its holdings in Electronic Arts by 67.5% in the second quarter. NewSquare Capital LLC now owns 196 shares of the game software company’s stock valued at $31,000 after buying an additional 79 shares during the period. 90.23% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

EA has been the subject of several research reports. Morgan Stanley boosted their price objective on shares of Electronic Arts from $148.00 to $210.00 and gave the stock an “equal weight” rating in a research note on Monday, October 20th. Citigroup decreased their price target on shares of Electronic Arts from $207.00 to $202.00 and set a “neutral” rating for the company in a research report on Wednesday. UBS Group reiterated a “neutral” rating on shares of Electronic Arts in a report on Wednesday. Benchmark reissued a “buy” rating on shares of Electronic Arts in a research report on Wednesday, October 29th. Finally, Argus set a $210.00 price objective on Electronic Arts in a research note on Thursday, October 30th. Four analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Electronic Arts has an average rating of “Hold” and an average price target of $186.95.

Electronic Arts News Summary

Here are the key news stories impacting Electronic Arts this week:

• Positive Sentiment: Q3 revenue beat and management said Battlefield 6 drove record bookings, supporting near-term topline strength. Electronic Arts beats revenue estimates as Battlefield 6 drives record bookings
• Positive Sentiment: Battlefield 6 set new franchise engagement and sales records, underpinning higher monetization and player engagement metrics. Battlefield 6 sets ‘new franchise engagement records’ for EA
• Positive Sentiment: EA announced a dividend that coincided with elevated trading volume — a liquidity/event-driven catalyst that can lift the stock. Electronic Arts (NASDAQ:EA) Sees Strong Trading Volume After Dividend Announcement
• Positive Sentiment: Analysis suggests ~5% upside from merger-arbitrage positioning, which may attract event-driven buyers. Electronic Arts: 5% Upside From Merger Arbitrage
• Neutral Sentiment: EA struck a multi-year partnership with Stability AI to explore generative AI tools — strategically interesting but execution- and timing-dependent for material near-term revenue impact. Electronic Arts partners with Stability AI to explore generative AI tools
• Neutral Sentiment: Street consensus on EA is an average “Hold,” signaling limited analyst conviction to push the stock substantially higher absent follow-through. Electronic Arts Inc. (NASDAQ:EA) Receives Average Rating of “Hold” from Analysts
• Neutral Sentiment: Small insider option exercises were reported (minimal dollar amounts), a routine disclosure with negligible market impact. Notable Insider Move: Talbott Roche Hoskins Takes Part In Options Exercise At Electronic Arts, Resulting In $-651
• Negative Sentiment: Citigroup lowered its expectations for EA’s stock price, a direct negative signal from a major bank that can pressure sentiment. Citigroup Has Lowered Expectations for Electronic Arts (NASDAQ:EA) Stock Price
• Negative Sentiment: Analysts and filings flagged elevated risk and a higher cost of capital tied to uncertainty around the PIF-led merger, which could weigh on valuation multiples. Electronic Arts Faces Elevated Risk and Cost of Capital Amid Uncertain 2025 PIF-Led Merger
• Negative Sentiment: Despite revenue strength, EA reported a Q3 profit decline and some reports noted misses on headline EPS — mixed fundamentals that cap upside until margins/stability improve. EA’s Third-Quarter Profit Falls, Despite Higher Revenue
• Negative Sentiment: Valuation pieces highlight long-term outperformance and potential overvaluation concerns — a reminder of premium multiples (high P/E) that could amplify downside on any growth miss. A Look At Electronic Arts (EA) Valuation After Strong Long Term Returns And Overvaluation Concerns

Insider Activity at Electronic Arts

In other news, CEO Andrew Wilson sold 5,000 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $204.11, for a total value of $1,020,550.00. Following the sale, the chief executive officer owned 43,858 shares in the company, valued at approximately $8,951,856.38. This represents a 10.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jeff Huber sold 79,381 shares of Electronic Arts stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $201.17, for a total value of $15,969,075.77. The SEC filing for this sale provides additional information. Insiders sold 123,769 shares of company stock worth $24,943,734 over the last 90 days. Company insiders own 0.24% of the company’s stock.

Electronic Arts Stock Up 1.0%

Shares of Electronic Arts stock opened at $200.00 on Friday. Electronic Arts Inc. has a 1-year low of $127.24 and a 1-year high of $204.88. The company has a market capitalization of $50.05 billion, a PE ratio of 75.19, a P/E/G ratio of 2.41 and a beta of 0.74. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.93 and a quick ratio of 0.84. The business has a 50-day moving average of $203.65 and a 200-day moving average of $190.87.

Electronic Arts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, February 25th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Wednesday, February 25th. Electronic Arts’s dividend payout ratio (DPR) is currently 28.57%.

Electronic Arts Profile

Electronic Arts Inc (NASDAQ: EA) is a global interactive entertainment company headquartered in Redwood City, California. Founded in 1982 by Trip Hawkins, EA develops, publishes and distributes video games and related content for a variety of platforms, including consoles, personal computers and mobile devices. The company combines in-house development, partnerships and studio acquisitions to create and maintain a portfolio of entertainment properties and live-service experiences for players worldwide.

EA’s product lineup spans several well-known franchises and genres.