June 28, 2017 – By Stephen Andrade
Investors sentiment increased to 0.85 in 2016 Q4. Its up 0.04, from 0.81 in 2016Q3. It improved, as 71 investors sold EA shares while 214 reduced holdings. 65 funds opened positions while 178 raised stakes. 290.67 million shares or 1.29% less from 294.46 million shares in 2016Q3 were reported. 39,025 are held by Odey Asset Management Grp Inc. Bnp Paribas Invest Ptnrs has invested 0.15% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). Prudential Incorporated invested 0.13% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). 2.87M are owned by Alliancebernstein Limited Partnership. Ww Asset Management invested 0.08% in Electronic Arts Inc. (NASDAQ:EA). Pub Sector Pension Invest Board reported 66,691 shares stake. 6,263 were accumulated by Oppenheimer Com. Amp Capital Ltd owns 153,816 shares. Moreover, Lba Wealth Mngmt Limited Liability Corporation has 0.02% invested in Electronic Arts Inc. (NASDAQ:EA). Sg Americas Lc invested in 0.03% or 49,154 shares. Fox Point Management Limited Liability Co has invested 10.16% in Electronic Arts Inc. (NASDAQ:EA). Amica Mutual Com holds 18,213 shares or 0.13% of its portfolio. Amer Rech & Co stated it has 51 shares or 0% of all its holdings. Holland Mgmt Limited Liability Co has invested 0.09% in Electronic Arts Inc. (NASDAQ:EA). Myriad Asset Mgmt holds 0.66% of its portfolio in Electronic Arts Inc. (NASDAQ:EA) for 121,100 shares.
Since January 3, 2017, it had 0 insider purchases, and 49 insider sales for $ 63.85 million activity. Shares for $ 629,997 were sold by Soderlund Patrick. Shares for $ 1.05 million were sold by Jorgensen Blake J. 4,000 shares were sold by LINZNER JOEL, worth $ 347,779 on Wednesday, March 1. Wilson Andrew had sold 10,965 shares worth $ 1.18M. Another trade for 12,000 shares valued at $ 983,631 was sold by Bruzzo Chris. BARKER KENNETH A sold $ 2.91 million worth of stock. Shares for $ 195,353 were sold by Schatz Jacob J. on Monday, March 20.
Suffolk Capital Management Llc increased its stake in Electronic Arts (EA) by 36.88% based on its latest 2016Q4 regulatory filing with the SEC. Suffolk Capital Management Llc bought 44,731 shares as the company’s stock rose 23.30% with the market. The institutional investor held 166,034 shares of the prepackaged software company at the end of 2016Q4, valued at $ 13.08M, up from 121,303 at the end of the previous reported quarter. Suffolk Capital Management Llc who had been investing in Electronic Arts for a number of months, seems to be bullish on the $ 32.35B market cap company. The stock declined 0.38% or $ 0.41 reaching $ 107.91 on the news. About 590,643 shares traded. Electronic Arts Inc. (NASDAQ:EA) has risen 46.45% since June 28, 2016 and is uptrending. It has outperformed by 29.75% the S&P500.
Suffolk Capital Management Llc, which manages about $ 1.92 billion and $ 731.09 million US Long portfolio, decreased its stake in Regions Financial Group (NYSE:RF) by 221,760 shares to 424,485 shares, valued at $ 6.10M in 2016Q4, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 33,294 shares in the quarter, leaving it with 207,472 shares, and cut its stake in Nxp Semiconductors Nv (NASDAQ:NXPI).
More important recent Electronic Arts Inc. (NASDAQ:EA) news were published by: Fool.com</a> which released: “Why Shares of Electronic Arts Inc. Popped 20% in May” on June 13, 2017, also Wsj.com</a> published article titled: “EA Hopes ‘Star Wars Battlefront II’ Microtransactions Can Shift Revenue to …”, Nasdaq.com</a> published: “Electronic Arts Inc (EA) CEO Andrew Wilson Sold $ 11.1 million of Shares” on June 20, 2017. More interesting news about Electronic Arts Inc. (NASDAQ:EA) was released by: Bloomberg.com</a> and their article: “EA Pays CEO $ 20 Million as FIFA 17 Maker Navigates Shift to Web” with publication date: June 16, 2017.
Electronic Arts Inc. (NASDAQ:EA) Ratings Coverage
Among 18 analysts covering Electronic Arts (NASDAQ:EA), 14 have Buy rating, 0 Sell and 4 Hold. Therefore 78% are positive. Electronic Arts had 36 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, May 12. Atlantic Securities upgraded Electronic Arts Inc. (NASDAQ:EA) on Friday, December 4 to “Overweight” rating. Credit Suisse maintained Electronic Arts Inc. (NASDAQ:EA) rating on Monday, January 25. Credit Suisse has “Outperform” rating and $ 90 target. Benchmark maintained the shares of EA in report on Monday, May 23 with “Buy” rating. Stifel Nicolaus maintained the shares of EA in report on Monday, September 12 with “Buy” rating. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Buy” rating by Stifel Nicolaus on Monday, October 17. Bank of America upgraded the stock to “Buy” rating in Friday, January 15 report. The stock has “Buy” rating by Benchmark on Thursday, December 8. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Overweight” rating by Piper Jaffray on Monday, August 10. Mizuho maintained the stock with “Neutral” rating in Wednesday, November 2 report.
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