Today, the EVP Worldwide Business Affairs of Electronic Arts (EA), Joel Linzner, sold shares of EA for $448.4K.
In addition to Joel Linzner, 10 other EA executives reported Sell trades in the last month. Following Joel Linzner’s last EA Sell transaction on May 12, 2020, the stock climbed by 2.2%.
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Based on Electronic Arts’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.39 billion and quarterly net profit of $418 million. In comparison, last year the company earned revenue of $1.24 billion and had a net profit of $209 million. The company has a one-year high of $120.19 and a one-year low of $85.69. EA’s market cap is $34.34 billion and the company has a P/E ratio of 11.40.
Based on 21 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $126.05, reflecting a -5.5% downside.
In the last 30 days, insiders have sold $22.94M worth of EA shares and purchased $118.3K worth of EA shares. The insider sentiment on Electronic Arts has been negative according to 139 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Electronic Arts, Inc. engages in the provision of digital interactive entertainment. It develops and delivers games, content, and online services for Internet-connected consoles, mobile devices, and personal computers. It operates through the North America and International geographical segments. The company was founded by William M. Hawkins III and William Gordon in 1982 and is headquartered in Redwood City, CA.
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