75,000 Shares in Electronic Arts Inc. $EA Bought by Samson Rock Capital LLP

Samson Rock Capital LLP purchased a new stake in Electronic Arts Inc. (NASDAQ:EA) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 75,000 shares of the game software company’s stock, valued at approximately $15,325,000. Electronic Arts comprises about 25.0% of Samson Rock Capital LLP’s holdings, making the stock its 3rd biggest holding.

Several other large investors have also bought and sold shares of EA. Ameriflex Group Inc. grew its stake in shares of Electronic Arts by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 138 shares of the game software company’s stock worth $28,000 after acquiring an additional 69 shares in the last quarter. Oakworth Capital Inc. bought a new position in shares of Electronic Arts during the third quarter valued at about $30,000. E Fund Management Hong Kong Co. Ltd. lifted its position in shares of Electronic Arts by 131.9% during the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 167 shares of the game software company’s stock valued at $34,000 after purchasing an additional 95 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in Electronic Arts during the second quarter worth about $37,000. Finally, Tidemark LLC purchased a new position in Electronic Arts during the third quarter worth about $50,000. 90.23% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on EA shares. Citigroup decreased their price objective on shares of Electronic Arts from $207.00 to $202.00 and set a “neutral” rating for the company in a research note on Wednesday, February 4th. UBS Group restated a “neutral” rating on shares of Electronic Arts in a research note on Wednesday, February 4th. Three research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Electronic Arts currently has an average rating of “Hold” and an average price target of $188.30.

Electronic Arts Price Performance

Shares of NASDAQ:EA opened at $200.69 on Friday. The company has a market capitalization of $50.22 billion, a P/E ratio of 75.45, a price-to-earnings-growth ratio of 2.39 and a beta of 0.75. The company’s 50-day moving average is $201.62 and its 200 day moving average is $197.71. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.93 and a current ratio of 0.93. Electronic Arts Inc. has a fifty-two week low of $131.15 and a fifty-two week high of $204.88.

Electronic Arts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, February 25th were paid a dividend of $0.19 per share. The ex-dividend date was Wednesday, February 25th. This represents a $0.76 annualized dividend and a dividend yield of 0.4%. Electronic Arts’s dividend payout ratio (DPR) is presently 28.57%.

Insider Activity at Electronic Arts

In related news, insider Vijayanthimala Singh sold 1,200 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $199.69, for a total value of $239,628.00. Following the transaction, the insider owned 29,960 shares in the company, valued at approximately $5,982,712.40. This represents a 3.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Stuart Canfield sold 1,500 shares of the business’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $199.90, for a total value of $299,850.00. Following the completion of the sale, the chief financial officer owned 5,897 shares in the company, valued at approximately $1,178,810.30. The trade was a 20.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 27,600 shares of company stock worth $5,553,319. Company insiders own 0.24% of the company’s stock.

Electronic Arts Company Profile

Electronic Arts Inc (NASDAQ: EA) is a global interactive entertainment company headquartered in Redwood City, California. Founded in 1982 by Trip Hawkins, EA develops, publishes and distributes video games and related content for a variety of platforms, including consoles, personal computers and mobile devices. The company combines in-house development, partnerships and studio acquisitions to create and maintain a portfolio of entertainment properties and live-service experiences for players worldwide.

EA’s product lineup spans several well-known franchises and genres.