Electronic Arts Inc Stock as Institutional Investors Enter

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Sentiment for Electronic Arts Inc (NASDAQ:EA)

Electronic Arts Inc (NASDAQ:EA) institutional sentiment increased to 1.23 in 2019 Q1. Its up 0.31, from 0.92 in 2018Q4. The ratio is better, as 313 active investment managers opened new and increased equity positions, while 255 cut down and sold their positions in Electronic Arts Inc. The active investment managers in our partner’s database now hold: 263.41 million shares, up from 260.86 million shares in 2018Q4. Also, the number of active investment managers holding Electronic Arts Inc in their top 10 equity positions was flat from 12 to 12 for the same number . Sold All: 70 Reduced: 185 Increased: 204 New Position: 109.

Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for game consoles, personal computers, mobile phones, and tablets worldwide. The company has market cap of $26.03 billion. It develops and publishes games primarily under the Battlefield, Mass Effect, Need for Speed, The Sims, and Plants v. It has a 12.41 P/E ratio. Zombies brands; and license games from others, such as FIFA, Madden NFL, and Star Wars, as well as publishes and distributes games developed by third parties.

The stock decreased 4.94% or $4.56 during the last trading session, reaching $87.78. About 1.94 million shares traded. Electronic Arts Inc. (NASDAQ:EA) has declined 26.71% since August 14, 2018 and is downtrending. It has underperformed by 26.71% the S&P500.

Technology Crossover Management Vi L.L.C. holds 100% of its portfolio in Electronic Arts Inc. for 609,035 shares. Technology Crossover Management V Llc owns 609,035 shares or 70.09% of their US portfolio. Moreover, Technology Crossover Management Vii Ltd. has 8.4% invested in the company for 2.25 million shares. The Brazil-based Dynamo Internacional Gestao De Recursos Ltda. has invested 7.79% in the stock. Kerrisdale Advisers Llc, a New York-based fund reported 375,832 shares.

Electronic Arts Inc. (NASDAQ:EA) Ratings Coverage

Ratings analysis reveals 46% of Electronic Arts’s analysts are positive. Out of 13 Wall Street analysts rating Electronic Arts, 6 give it “Buy”, 0 “Sell” rating, while 7 recommend “Hold”. The lowest target is $88 while the high is $120. The stock’s average target of $106.79 is 21.66% above today’s ($87.78) share price. EA was included in 24 notes of analysts from February 19, 2019. M Partners downgraded the shares of EA in report on Friday, May 3 to “Neutral” rating. Buckingham Research maintained it with “Hold” rating and $103 target in Wednesday, March 20 report. As per Monday, March 4, the company rating was maintained by Robert W. Baird. As per Wednesday, July 31, the company rating was maintained by Bank of America. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, August 1. The rating was maintained by Stifel Nicolaus on Monday, July 22 with “Buy”. The rating was maintained by SunTrust with “Buy” on Thursday, March 7. UBS maintained Electronic Arts Inc. (NASDAQ:EA) rating on Wednesday, May 8. UBS has “Buy” rating and $12000 target. The rating was maintained by Stifel Nicolaus on Thursday, May 9 with “Buy”. The stock of Electronic Arts Inc. (NASDAQ:EA) has “Equal-Weight” rating given on Tuesday, March 19 by Morgan Stanley.

More notable recent Electronic Arts Inc. (NASDAQ:EA) news were published by: Seekingalpha.com which released: “EA claims franchise-best digital launch for new ‘Madden’ – Seeking Alpha” on August 12, 2019, also Nasdaq.com with their article: “3 Video Game Stocks to Buy – Nasdaq” published on August 09, 2019, Seekingalpha.com published: “Electronic Arts: Get In The Game – Seeking Alpha” on August 05, 2019. More interesting news about Electronic Arts Inc. (NASDAQ:EA) were released by: Forbes.com and their article: “Here’s Why Electronic Arts’ Stock Grew 75% In 5 Years – Forbes” published on August 09, 2019 as well as Investorplace.com‘s news article titled: “Now Is the Right Time to Buy and Keep Electronic Arts Stock – Investorplace.com” with publication date: August 03, 2019.

Electronic Arts Inc. (NASDAQ:EA) Institutional Positions Chart

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