Electronic Arts (EA) Price Target Raised to $144.00 at MKM Partners

Clay Curtis
May 10, 2018

Its down 0.30, from 1.15 in 2017Q3. After a recent check, Electronic Arts Inc (NASDAQ: EA) stock is found to be 3.89% volatile for the week, while 2.71% volatility is recorded for the month. 85 funds took stakes and 184 increased stakes. JPMorgan Chase assumed coverage on shares of Electronic Arts in a report on Tuesday, May 1st. Schatz Jacob J. sold $116,320 worth of stock or 1,000 shs. Moreover, Trexquant Investment L P has 0.11% invested in Electronic Arts Inc. Electronic Arts Inc. (EA) has risen 34.78% since May 9, 2017 and is uptrending. (NASDAQ:EA) for 5,118 shares. Perhaps, that suggests something about why 0.93% of the outstanding share supply is held by institutional investors. That suggests something of the likelihood of a short squeeze in shares of EA. Nelson Roberts Advsrs Ltd Liability owns 614 shares. Melvin Capital Management Lp, a New York-based fund reported 5.42 million shares. Hap Trading Lc accumulated 202,795 shares or 0.89% of the stock. First Mercantile Tru Com holds 14,798 shares or 0.3% of its portfolio.

Since January 1, 0001, it had 0 buys, and 39 insider sales for $18.59 million activity. Bruzzo Chris also sold $192,462 worth of Electronic Arts Inc. Shares for $1.25 million were sold by Jorgensen Blake J on Tuesday, February 6. (NASDAQ:EA) on Friday, April 20. 200 shares valued at $24,908 were sold by Singh Vijayanthimala on Thursday, March 1.

After the earnings report, EA has seen a slight increase in its stock price, rising 2.4%, near 126.85 in the stock market today. Following the transaction, the insider now owns 32,475 shares in the company, valued at approximately $3,862,576.50. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, twenty-five have issued a buy rating and one has assigned a strong buy rating to the stock. Electronic Arts has a 52 week low of $95.25 and a 52 week high of $131.13. Electronic Arts presently has an average rating of "Buy" and an average price target of $136.52.

Electronic Arts Inc (EA) investors sentiment decreased to 0.85 in 2017 Q4. The firm has "Buy" rating by Oppenheimer given on Wednesday, May 9.

Miranda Kerr and husband Evan Spiegel welcome first baby together
Meanwhile, just last week, Kerr posted a stunning picture of her and her baby bump covering the May issue of Stellar magazine. As for Hart's name.it appears he's named after Evan's grandfather, who was a prominent San Francisco attorney.

Ratings analysis reveals 57% of Electronic Arts's analysts are positive. As per Wednesday, October 26, the company rating was maintained by Wedbush. On Wednesday, January 31 the firm earned "Buy" rating by SunTrust. On Monday, December 18 BTIG Research initiated Electronic Arts Inc. On Wednesday, January 31 the stock has "Overweight" rating by Barclays Capital. A total of 4,245,256 shares exchanged hands during the intra-day trade contrast with its average trading volume of 3.03M shares, while its relative volume stands at 1.40. This continues to be an interesting story, and we look forward to updating it again soon on Electronic Arts Inc. EA outperformed the S&P 500 by 23.23%.

Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for game consoles, personal computers, mobile phones, and tablets worldwide.The company has $38.00 billion market cap. It develops and publishes games primarily under the Battlefield, Mass Effect, Need for Speed, The Sims, and Plants v.The P/E ratio is 40.9.

Per the figures, 18 million players engaged in "competitive gaming" across Federation Internationale de Football Association 18 and Madden NFL 18, up more than 75% year-over-year (yoy). Dowling & Yahnke LLC boosted its stake in shares of Electronic Arts by 11.6% during the fourth quarter.

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