In a report released today, Brian Fitzgerald from Wells Fargo maintained a Hold rating on Electronic Arts (EA – Research Report), with a price target of $150.00. The company’s shares opened today at $141.77.
According to TipRanks, Fitzgerald is a 5-star analyst with an average return of 12.6% and a 54.75% success rate. Fitzgerald covers the Communication Services sector, focusing on stocks such as Take-Two, Electronic Arts, and Criteo SA.
In addition to Wells Fargo, Electronic Arts also received a Hold from Deutsche Bank’s Benjamin Soff in a report issued on February 6. However, on the same day, DBS maintained a Buy rating on Electronic Arts (NASDAQ: EA).
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EA market cap is currently $38.04B and has a P/E ratio of 35.93.
Based on the recent corporate insider activity of 95 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EA in relation to earlier this year. Earlier this month, Luis Ubinas, a Director at EA sold 4,872.00 shares for a total of $666,693.12.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Electronic Arts (EA) Company Description:
California-based Electronic Arts provides digital interactive entertainment. It develops and delivers games, content, and online services for Internet-connected consoles, mobile devices, and personal computers.
Read More on EA:
- EA’s Respawn working on first-person ‘Star Wars’ game, Insider Gaming says
- EA’s ‘Immortals of Aveum’ cost roughly $125M to make and market, IGN reports
- What You Missed This Week in Video Games
- Electronic Arts put volume heavy and directionally bearish
- Electronic Arts participates in a conference call with Benchmark
