Electronic Arts Inc. (NASDAQ:EA) CFO Blake J. Jorgensen sold 7,300 shares of the stock in a transaction on Thursday, January 21st. The stock was sold at an average price of $67.08, for a total transaction of $489,684.00. Following the sale, the chief financial officer now owns 95,146 shares of the company’s stock, valued at approximately $6,382,393.68. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

A number of equities analysts have commented on EA shares. Wedbush restated an “outperform” rating and set a $86.00 price objective on shares of Electronic Arts in a research report on Monday. Zacks Investment Research upgraded shares of Electronic Arts from a “hold” rating to a “buy” rating and set a $78.00 price objective for the company in a research report on Monday. Credit Suisse restated an “outperform” rating and set a $90.00 price objective on shares of Electronic Arts in a research report on Monday. Vetr downgraded shares of Electronic Arts from a “strong-buy” rating to a “buy” rating and set a $76.59 price objective for the company. in a research report on Monday. Finally, MKM Partners restated a “buy” rating and set a $84.00 price objective on shares of Electronic Arts in a research report on Thursday. Two equities research analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. Electronic Arts has a consensus rating of “Buy” and an average target price of $80.22.

Other large investors have modified their holdings of the company. Nordea Investment Management AB boosted its stake in shares of Electronic Arts by 629.5% in the fourth quarter. Nordea Investment Management AB now owns 990,518 shares of the game software company’s stock valued at $68,068,000 after buying an additional 854,736 shares during the period. Janus Capital Management boosted its stake in shares of Electronic Arts by 35.1% in the third quarter. Janus Capital Management now owns 3,140,845 shares of the game software company’s stock valued at $212,792,000 after buying an additional 815,256 shares during the period. Meag Munich Ergo Kapitalanlagegesellschaft acquired a new stake in shares of Electronic Arts during the third quarter valued at approximately $19,996,000. Boston Advisors boosted its stake in shares of Electronic Arts by 320.5% in the fourth quarter. Boston Advisors now owns 367,368 shares of the game software company’s stock valued at $25,246,000 after buying an additional 280,000 shares during the period. Finally, Acadian Asset Management boosted its stake in shares of Electronic Arts by 904.0% in the fourth quarter. Acadian Asset Management now owns 147,008 shares of the game software company’s stock valued at $10,103,000 after buying an additional 132,366 shares during the period.

Electronic Arts Inc. (NASDAQ:EA) traded up 0.81% during midday trading on Monday, hitting $69.92. 5,422,452 shares of the company traded hands. The company has a market cap of $21.73 billion and a PE ratio of 27.66. Electronic Arts Inc. has a 12-month low of $48.22 and a 12-month high of $76.92. The stock has a 50 day moving average price of $67.69 and a 200-day moving average price of $69.68.

Electronic Arts (NASDAQ:EA) last posted its quarterly earnings data on Thursday, October 29th. The game software company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.20. The company earned $1.15 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same period in the previous year, the company earned $0.73 EPS. The business’s revenue for the quarter was down 6.1% compared to the same quarter last year. Analysts expect that Electronic Arts Inc. will post $3.10 EPS for the current year.

Electronic Arts Inc is a game software content and services provider. The Company develops, markets, publishes and distributes game software content for consumers of various video game machines and electronic devices. It also provides game software-related services. The Company’s brands include Battlefield, Mass Effect, Need for Speed, Dragon Age, The Sims, Bejeweled and Plants v. Zombies, as well as brands based on licensed intellectual property such as FIFA, Madden NFL and Star Wars. The Company is organized around three divisions: EA Studios, Maxis and EA Mobile. The EA Studios division develops games and related content and services across a range of game categories, including the FIFA, Madden NFL, Need for Speed, Battlefield, Mass Effect and Dragon Age. The Maxis division creates games, and related content and services that engage player creativity. The EA Mobile division focuses on developing and publishing interactive games for mobile phones and tablets.

12 Month Chart for NASDAQ:EA

Receive News & Ratings for Electronic Arts Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Electronic Arts Inc. and related companies with MarketBeat.com's FREE daily email newsletter.