Electronic Arts INC (EA) Shares Declined While Dsam Partners Llp Lowered Its Holding

September 16, 2018 - By Nadine Davis

Electronic Arts Inc. (NASDAQ:EA) LogoInvestors sentiment increased to 1.1 in 2018 Q2. Its up 0.25, from 0.85 in 2018Q1. It improved, as 31 investors sold EA shares while 228 reduced holdings. 91 funds opened positions while 195 raised stakes. 270.23 million shares or 1.08% less from 273.19 million shares in 2018Q1 were reported. Bp Plc invested in 0.17% or 38,000 shares. 12,452 are owned by Amica Mutual Ins Co. Commonwealth Bancorporation Of Australia has invested 0.01% in Electronic Arts Inc. (NASDAQ:EA). Retirement Of Alabama accumulated 143,919 shares. Lombard Odier Asset Mgmt (Europe) Ltd owns 3,062 shares. Chicago Equity Prtnrs Ltd Co has invested 0.01% in Electronic Arts Inc. (NASDAQ:EA). Tobam has invested 0.18% in Electronic Arts Inc. (NASDAQ:EA). Moreover, Hillhouse Ltd has 1.96% invested in Electronic Arts Inc. (NASDAQ:EA). Private Harbour Investment Mngmt And Counsel Limited Liability Company holds 13,072 shares or 1.71% of its portfolio. Nuwave Investment Management Ltd has 0.41% invested in Electronic Arts Inc. (NASDAQ:EA). Gateway Inv Advisers Limited holds 0.02% or 15,146 shares in its portfolio. Ibm Retirement Fund reported 0.17% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). Samlyn Limited Liability Company holds 2.9% or 878,363 shares. Gmt Cap, Georgia-based fund reported 23,320 shares. Public Employees Retirement Association Of Colorado owns 55,638 shares for 0.05% of their portfolio.

Since March 20, 2018, it had 0 buys, and 44 selling transactions for $37.97 million activity. On Monday, May 21 Warren Denise sold $132,710 worth of Electronic Arts Inc. (NASDAQ:EA) or 1,000 shares. The insider Jorgensen Blake J sold $1.50 million. $22,744 worth of Electronic Arts Inc. (NASDAQ:EA) was sold by Singh Vijayanthimala. The insider Wilson Andrew sold 9,000 shares worth $1.07 million. $178,416 worth of Electronic Arts Inc. (NASDAQ:EA) was sold by Bruzzo Chris on Tuesday, May 1. 1,000 shares were sold by Schatz Jacob J., worth $143,610.

Dsam Partners Llp decreased its stake in Electronic Arts Inc (EA) by 30.75% based on its latest 2018Q2 regulatory filing with the SEC. Dsam Partners Llp sold 80,911 shares as the company’s stock declined 21.13% while stock markets rallied. The hedge fund held 182,241 shares of the prepackaged software company at the end of 2018Q2, valued at $25.70M, down from 263,152 at the end of the previous reported quarter. Dsam Partners Llp who had been investing in Electronic Arts Inc for a number of months, seems to be less bullish one the $34.83 billion market cap company. The stock increased 0.38% or $0.43 during the last trading session, reaching $114.27. About 3.21M shares traded. Electronic Arts Inc. (NASDAQ:EA) has declined 6.15% since September 16, 2017 and is downtrending. It has underperformed by 21.77% the S&P500.

Dsam Partners Llp, which manages about $496.31M US Long portfolio, upped its stake in Amazon Com Inc (NASDAQ:AMZN) by 2,321 shares to 17,677 shares, valued at $30.05 million in 2018Q2, according to the filing.

Analysts await Electronic Arts Inc. (NASDAQ:EA) to report earnings on October, 30. They expect $0.40 EPS, down 20.00 % or $0.10 from last year’s $0.5 per share. EA’s profit will be $121.93M for 71.42 P/E if the $0.40 EPS becomes a reality. After $0.07 actual EPS reported by Electronic Arts Inc. for the previous quarter, Wall Street now forecasts 471.43 % EPS growth.

More notable recent Electronic Arts Inc. (NASDAQ:EA) news were published by: Fool.com which released: “Why Electronic Arts Stock Fell 11.9% in August” on September 11, 2018, also Seekingalpha.com with their article: “Is It Game Over For Electronic Arts?” published on September 10, 2018, Nasdaq.com published: “Why MercadoLibre, Electronic Arts, and Cronos Group Slumped Today” on August 30, 2018. More interesting news about Electronic Arts Inc. (NASDAQ:EA) were released by: Seekingalpha.com and their article: “BofAML steps to EA sidelines after bookings revision” published on August 31, 2018 as well as Seekingalpha.com‘s news article titled: “EA – Market Underestimates Upcoming Volatility” with publication date: August 25, 2018.

Electronic Arts Inc. (NASDAQ:EA) Ratings Coverage

Among 13 analysts covering Electronic Arts (NASDAQ:EA), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. Electronic Arts had 19 analyst reports since March 26, 2018 according to SRatingsIntel. The rating was maintained by Piper Jaffray with “Buy” on Monday, June 11. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Outperform” rating by Credit Suisse on Friday, August 31. The firm has “Buy” rating by Stifel Nicolaus given on Monday, March 26. UBS maintained it with “Buy” rating and $166 target in Friday, August 31 report. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Friday, August 31 report. The rating was maintained by BMO Capital Markets on Friday, August 31 with “Outperform”. As per Wednesday, May 9, the company rating was maintained by Oppenheimer. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, September 11. The company was maintained on Friday, April 13 by Robert W. Baird. Stifel Nicolaus maintained it with “Buy” rating and $159 target in Monday, July 23 report.

Electronic Arts Inc. (NASDAQ:EA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.