June 28, 2017 – By Peter Erickson
Investors sentiment increased to 0.85 in Q4 2016. Its up 0.04, from 0.81 in 2016Q3. It is positive, 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. Qs Investors Limited Company reported 37,145 shares. Allianz Asset Mngmt Ag owns 1.08 million shares for 0.08% of their portfolio. 22,203 are held by Profund Advsrs Ltd. Commonwealth Savings Bank Of has 1,403 shares for 0% of their portfolio. Jaffetilchin Prtn Ltd Company stated it has 4,898 shares or 0.12% of all its holdings. Janus Capital Mgmt Llc reported 1.23M shares. The Ontario – Canada-based Canada Pension Plan Board has invested 0.06% in Electronic Arts Inc. (NASDAQ:EA). Benjamin F Edwards & Inc has invested 0.01% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). Tiaa Cref Invest Mngmt has invested 0.12% in Electronic Arts Inc. (NASDAQ:EA). Dana Investment Advisors Incorporated stated it has 0.3% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). Old Mutual Global Invsts (Uk) stated it has 927,943 shares or 1.26% of all its holdings. Friess Associates Limited Liability Corporation holds 206,567 shares or 1.6% of its portfolio. Lomas Management Limited Liability Company invested in 168,456 shares. Wellington Mgmt Limited Liability Partnership invested in 0.07% or 3.65M shares. Renaissance Grp Ltd Liability Corporation invested in 376,666 shares or 1.2% of the stock.
Since January 3, 2017, it had 0 insider buys, and 49 sales for $ 63.85 million activity. 2,200 shares were sold by Schatz Jacob J., worth $ 235,884 on Friday, May 19. On Wednesday, February 1 Soderlund Patrick sold $ 665,618 worth of Electronic Arts Inc. (NASDAQ:EA) or 8,000 shares. The insider MOORE PETER R. sold 10,000 shares worth $ 893,151. 26,701 shares were sold by BARKER KENNETH A, worth $ 2.91M. Another trade for 12,000 shares valued at $ 983,631 was sold by Bruzzo Chris. Another trade for 10,000 shares valued at $ 1.00 million was made by LINZNER JOEL on Monday, May 15.
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 $ 32.35 billion 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 $ 1.92B and $ 731.09M US Long portfolio, decreased its stake in Pvh Corp. (NYSE:PVH) by 33,735 shares to 54,798 shares, valued at $ 4.95 million in 2016Q4, according to the filing. It also reduced its holding in Nxp Semiconductors Nv (NASDAQ:NXPI) by 107,384 shares in the quarter, leaving it with 33,648 shares, and cut its stake in Regions Financial Group (NYSE:RF).
More important recent Electronic Arts Inc. (NASDAQ:EA) news were published by: Bloomberg.com</a> which released: “EA Pays CEO $ 20 Million as FIFA 17 Maker Navigates Shift to Web” on June 16, 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: Fool.com</a> and their article: “Why Shares of Electronic Arts Inc. Popped 20% in May” with publication date: June 13, 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 company was maintained on Friday, October 14 by Oppenheimer. Benchmark maintained it with “Buy” rating and $ 93.80 target in Monday, May 23 report. As per Monday, July 27, the company rating was maintained by M Partners. The firm earned “Buy” rating on Monday, January 18 by Bank of America. Piper Jaffray maintained it with “Overweight” rating and $ 85 target in Monday, August 10 report. The rating was maintained by Benchmark with “Buy” on Thursday, December 8. The stock has “Neutral” rating by Bank of America on Monday, October 24. Mizuho maintained it with “Buy” rating and $ 84 target in Friday, October 30 report. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, May 12. The firm has “Neutral” rating given on Wednesday, October 26 by Wedbush.
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