LFA Lugano Financial Advisors SA Has $171,000 Holdings in Electronic Arts Inc. (NASDAQ:EA)

LFA Lugano Financial Advisors SA increased its holdings in Electronic Arts Inc. (NASDAQ:EA) by 49.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,168 shares of the game software company’s stock after purchasing an additional 388 shares during the period. LFA Lugano Financial Advisors SA’s holdings in Electronic Arts were worth $171,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Atria Investments Inc grew its position in shares of Electronic Arts by 86.5% during the 3rd quarter. Atria Investments Inc now owns 12,362 shares of the game software company’s stock worth $1,773,000 after buying an additional 5,733 shares during the period. Ashton Thomas Securities LLC acquired a new position in Electronic Arts during the third quarter worth $25,000. Versor Investments LP acquired a new stake in shares of Electronic Arts in the third quarter valued at approximately $250,000. OVERSEA CHINESE BANKING Corp Ltd grew its stake in Electronic Arts by 51.2% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 9,683 shares of the game software company’s stock valued at $1,389,000 after buying an additional 3,281 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC increased its position in Electronic Arts by 5.1% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,572 shares of the game software company’s stock worth $225,000 after buying an additional 76 shares during the period. Institutional investors and hedge funds own 90.23% of the company’s stock.

Insider Activity at Electronic Arts

In related news, CFO Stuart Canfield sold 1,000 shares of Electronic Arts stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $148.18, for a total value of $148,180.00. Following the sale, the chief financial officer now owns 8,750 shares in the company, valued at $1,296,575. The trade was a 10.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Jacob J. Schatz sold 1,500 shares of the stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $156.27, for a total transaction of $234,405.00. Following the completion of the transaction, the executive vice president now directly owns 24,886 shares of the company’s stock, valued at approximately $3,888,935.22. The trade was a 5.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 24,500 shares of company stock valued at $3,428,645 over the last 90 days. 0.22% of the stock is owned by insiders.

Electronic Arts Price Performance

Electronic Arts stock opened at $136.12 on Thursday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.38 and a quick ratio of 1.38. Electronic Arts Inc. has a one year low of $115.21 and a one year high of $168.50. The firm has a market capitalization of $35.48 billion, a P/E ratio of 34.64, a PEG ratio of 3.58 and a beta of 0.78. The business has a fifty day moving average price of $133.17 and a 200-day moving average price of $145.03.

Electronic Arts (NASDAQ:EA) last posted its earnings results on Tuesday, February 4th. The game software company reported $2.34 earnings per share for the quarter, missing analysts’ consensus estimates of $3.41 by ($1.07). Electronic Arts had a net margin of 14.28% and a return on equity of 17.80%. As a group, equities research analysts forecast that Electronic Arts Inc. will post 4.71 EPS for the current year.

Electronic Arts Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, February 26th will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date is Wednesday, February 26th. Electronic Arts’s payout ratio is 19.34%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Raymond James cut shares of Electronic Arts from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 23rd. Benchmark lowered their price objective on Electronic Arts from $163.00 to $140.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. Roth Mkm cut their target price on Electronic Arts from $158.00 to $134.00 and set a “neutral” rating on the stock in a research report on Thursday, January 23rd. StockNews.com downgraded Electronic Arts from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, February 5th. Finally, Stifel Nicolaus cut their price target on Electronic Arts from $167.00 to $159.00 and set a “hold” rating for the company in a research note on Tuesday, January 21st. Thirteen investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Electronic Arts currently has an average rating of “Hold” and an average target price of $154.78.

Electronic Arts Company Profile

Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands.