Electronic Arts Inc. (EA) Trimmed to "Sell" at Zacks Investment Research

Lloyd Doyle
April 21, 2018

Linscomb And Williams, a Texas-based fund reported 4,413 shares. Vanguard Group Inc. raised its stake in Electronic Arts by 8.8% in the first quarter.

The stock decreased 1.80% or $2.22 during the last trading session, reaching $120.89.Electronic Arts Inc. has volume of 2.23 million shares. The hedge funds in our database now own: 9.11 million shares, down from 9.51 million shares in 2017Q3. Electronic Arts Inc. (NASDAQ:EA) has risen 34.78% since April 21, 2017 and is uptrending. EA outperformed the S&P500 by 23.23%. Shares for $24,908 were sold by Singh Vijayanthimala. 318.69 million shares or 0.70% more from 316.48 million shares in 2017Q3 were reported.

Electronic Arts Inc develops, markets, publishes and distributes games, content and services that can be played by consumers on a range of platforms, which include consoles, personal computers (PCs), mobile phones and tablets. About 6.33 million shares traded. Ironwood Pharmaceuticals, Inc. (IRWD) has declined 11.53% since April 21, 2017 and is downtrending. It has outperformed by 54.74% the S&P500. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the company. ON Semiconductor Corp. had 65 analyst reports since August 4, 2015 according to SRatingsIntel. They issued a "neutral" rating on the stock. On Monday, March 26 the stock has "Buy" rating by Stifel Nicolaus. Stifel Nicolaus maintained Electronic Arts Inc. (NASDAQ:EA) on Tuesday, April 3. The company was upgraded on Thursday, August 17 by M Partners. The firm has "Hold" rating by WallachBeth Capital given on Tuesday, September 27. On Wednesday, January 31 the rating was maintained by Credit Suisse with "Buy".

Old Point Trust & Financial Services N A, which manages about $184.93M US Long portfolio, decreased its stake in Centurylink Inc (NYSE:CTL) by 22,716 shares to 68,796 shares, valued at $1.15 million in 2017Q4, according to the filing. Therefore 89% are positive. Zacks Investment Research's sales calculations are a mean average based on a survey of research analysts that cover Electronic Arts. (NASDAQ:EA) or 5,000 shs on Monday, April 2. Jorgensen Blake J sold $1.26M worth of Electronic Arts Inc. (NASDAQ:EA) has "Buy" rating given on Monday, January 18 by Bank of America. BTIG Research initiated the shares of EA in report on Monday, December 18 with "Hold" rating. BMO Capital's target would suggest a potential upside of 9.12% from the company's previous close. KeyBanc Capital Markets maintained the shares of EA in report on Wednesday, January 31 with "Overweight" rating. On Tuesday, October 31 Oppenheimer maintained Electronic Arts Inc. The rating was maintained by Loop Capital on Tuesday, November 7 with "Buy". $1.07M worth of Electronic Arts Inc. (NYSE:WM) on Thursday, November 5 with "Buy" rating. Arrowgrass Prtnrs (Us) Lp reported 0% stake.

Since December 14, 2017, it had 0 insider purchases, and 31 selling transactions for $15.09 million activity. Its down 0.30, from 1.15 in 2017Q3. The ratio is negative, as 65 institutional investors started new and increased holdings, while 62 cut down and sold stakes in Ironwood Pharmaceuticals Inc. 184 rose positions while 85 funds took positions. 280.71 million shares or 0.12% less from 281.04 million shares in 2017Q3 were reported. Jefferies Group reissued a "buy" rating and set a $150.00 price target on shares of Electronic Arts in a research report on Wednesday, January 31st. (NASDAQ:EA). Delta Cap Mngmt Limited Liability Corporation holds 2,535 shares. Electronic Arts Inc now has $37.08B valuation. Moreover, Scotia Capital has 0.01% invested in Electronic Arts Inc. (NASDAQ:EA) for 84,061 shares.

WARNING: "Electronic Arts Inc". Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Electronic Arts during the fourth quarter worth $210,000. (NASDAQ:EA) is now trading in comparison to some of its simple moving averages. (NASDAQ:EA). Delta Asset Ltd Liability Corp Tn, a Tennessee-based fund reported 69 shares.

Large investors have recently bought and sold shares of the company. Mitsubishi Ufj Securities Co Ltd holds 270 shs or 0.12% of its capital. 13,807 were reported by Quantbot Techs Limited Partnership. Sun Life Finance Incorporated invested in 0.01% or 673 shares.

Electronic Arts stock traded down $0.65 during trading on Wednesday, reaching $119.33. The company has a market cap of $38,129.36, a price-to-earnings ratio of 42.21, a PEG ratio of 1.91 and a beta of 0.80.

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