In a report released today, Martin Yang from Oppenheimer maintained a Buy rating on Electronic Arts (EA – Research Report), with a price target of $150.00. The company’s shares closed yesterday at $140.08.
According to TipRanks, Yang is an analyst with an average return of -2.1% and a 40.61% success rate. Yang covers the Technology sector, focusing on stocks such as Universal Display, Ambarella, and Apple.
In addition to Oppenheimer, Electronic Arts also received a Buy from Wedbush’s Nick McKay in a report issued today. However, yesterday, Wells Fargo maintained a Hold rating on Electronic Arts (NASDAQ: EA).
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The company has a one-year high of $144.34 and a one-year low of $107.90. Currently, Electronic Arts has an average volume of 1.84M.
Based on the recent corporate insider activity of 103 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, Jeff Huber, a Director at EA sold 11,872.00 shares for a total of $1,684,518.08.
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:
- What You Missed This Week in Video Games
- EA cuts ‘small number’ of workers after shuttering two mobile games, GI.biz says
- ‘Call of Duty: Modern Warfare 3’ top-selling U.S. game in January, says Circana
- U.S. video game spending grew 15% y/y in January, says Circana
- EA Sports College Football 25 offering $600 for opt-in, The Athletic says
