Electronic Arts, Inc. (NASDAQ: EA) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that EA SPORTS™ Presents The Madden Bowl Headlined by Green Day and Featuring Big Boi Hits Las Vegas for Super Bowl LVIII.

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Stocks Info

Electronic Arts, Inc. is listed on the NASDAQ as a member of the Communication Services sector and is a part of the Electronic Gaming & Multimedia industry. The current market capitalization of Electronic Arts, Inc. is $36.75B. A total of 1.34 million shares were traded on the day, compared to an average of 1.78M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, EA has seen 17 BUY and 23 SELL insider trades, representing the acquisition of 35,029 and the disposition of 35,577 shares. Over the last 12 months, there were 68 BUYs and 95 SELLs from insiders. Insiders purchased 232,997 shares during that period but sold 219,748.

In the most recent transaction, Schatz Jacob J. sold 1,000 shares of EA for 137.95 per share on Jan 16. After the transaction, the Chief Legal Officer now owns 21,258 company shares. In a previous transaction on Jan 02, Miele Laura sold 2,000 shares at 135.50 per share. EA shares that Chief Operating Officer owns now total 40,548.

Among the insiders who sold shares, Singh Vijayanthimala disposed of 800 shares on Jan 02 at a per-share price of $135.50. This resulted in the Chief People Officer holding 29,483 shares of EA after the transaction. In another insider transaction, Wilson Andrew sold 2,500 shares at $137.44 per share on Dec 26. Company shares held by the CEO and Board Chair now total 33,430.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Electronic Arts, Inc. pays an annual dividend of $0.74, resulting in a dividend yield of 0.54%, and it has a price to earnings (P/E) ratio of 37.70. EA’s most recent ex-dividend date was 11/28/2023 when it declared a $0.19 quarterly dividend that was paid in cash on 12/20/2023. Previously, the company paid the dividend on 9/20/2023 with an ex-dividend date of 8/29/2023. The EA stock dividend was $0.19 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for EA in the last 3 months, the mean price target is $148.32 with high estimates of $162.00 and low estimates of $128.00. In terms of 52-week highs and lows, EA has a high of $143.47 and a low of $108.53.

As of this writing, EA has an earnings estimate of $2.94 per share for the current quarter. EPS was calculated based on a consensus of 20 estimates, with a high estimate of $3.26 per share and a lower estimate of $2.7. The company reported an EPS of $1.14 in the last quarter, which was 11.80% higher than expectations of $1.02.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. EA’s latest balance sheet shows that the firm has $3.06B in Cash & Short Term Investments as of fiscal 2022. There were $1.96B in debt and $3.51B in liabilities at the time. Its Book Value Per Share was $28.07, while its Total Shareholder’s Equity was $7.62B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EA is Buy with a score of 4.00.

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