John G Ullman & Associates Inc. Has $3.28 Million Stock Holdings in Electronic Arts Inc. (NASDAQ:EA)

John G Ullman & Associates Inc. cut its position in shares of Electronic Arts Inc. (NASDAQ:EA) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,400 shares of the game software company’s stock after selling 600 shares during the period. John G Ullman & Associates Inc.’s holdings in Electronic Arts were worth $3,277,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ashton Thomas Securities LLC bought a new stake in shares of Electronic Arts during the 3rd quarter worth about $25,000. Pinnacle Bancorp Inc. boosted its holdings in shares of Electronic Arts by 141.0% during the 4th quarter. Pinnacle Bancorp Inc. now owns 200 shares of the game software company’s stock worth $29,000 after buying an additional 117 shares during the period. Whipplewood Advisors LLC bought a new stake in shares of Electronic Arts during the 4th quarter worth about $32,000. Reston Wealth Management LLC bought a new stake in Electronic Arts in the 3rd quarter valued at about $36,000. Finally, Larson Financial Group LLC boosted its holdings in Electronic Arts by 31.8% in the 3rd quarter. Larson Financial Group LLC now owns 290 shares of the game software company’s stock valued at $42,000 after purchasing an additional 70 shares during the period. Institutional investors own 90.23% of the company’s stock.

Analyst Upgrades and Downgrades

EA has been the subject of a number of recent research reports. Oppenheimer cut their price objective on shares of Electronic Arts from $170.00 to $165.00 and set an “outperform” rating for the company in a report on Tuesday, January 21st. Moffett Nathanson raised shares of Electronic Arts from a “neutral” rating to a “buy” rating and set a $145.00 price target for the company in a report on Friday, January 31st. StockNews.com downgraded shares of Electronic Arts from a “strong-buy” rating to a “buy” rating in a report on Wednesday, February 5th. BMO Capital Markets cut their price target on shares of Electronic Arts from $145.00 to $142.00 and set a “market perform” rating for the company in a report on Wednesday, February 5th. Finally, BNP Paribas downgraded shares of Electronic Arts from an “outperform” rating to a “neutral” rating and set a $125.00 price target for the company. in a report on Monday, January 27th. Thirteen analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, Electronic Arts currently has a consensus rating of “Hold” and a consensus target price of $154.55.

Insider Activity

In related news, CFO Stuart Canfield sold 1,000 shares of the stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $130.11, for a total transaction of $130,110.00. Following the transaction, the chief financial officer now directly owns 9,516 shares of the company’s stock, valued at $1,238,126.76. This represents a 9.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew Wilson sold 5,000 shares of the stock in a transaction on Friday, December 20th. The stock was sold at an average price of $148.00, for a total transaction of $740,000.00. Following the transaction, the chief executive officer now directly owns 47,615 shares in the company, valued at approximately $7,047,020. This represents a 9.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,500 shares of company stock valued at $3,593,095. 0.22% of the stock is currently owned by insiders.

Electronic Arts Trading Down 1.0 %

NASDAQ:EA opened at $129.12 on Friday. The firm’s fifty day moving average is $135.08 and its 200-day moving average is $145.72. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.38 and a current ratio of 1.38. Electronic Arts Inc. has a 52 week low of $115.21 and a 52 week high of $168.50. The firm has a market cap of $33.65 billion, a P/E ratio of 32.85, a P/E/G ratio of 3.58 and a beta of 0.79.

Electronic Arts (NASDAQ:EA) last posted its quarterly earnings data on Tuesday, February 4th. The game software company reported $2.34 EPS 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%. Equities analysts expect that Electronic Arts Inc. will post 4.71 earnings per share for the current year.

Electronic Arts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, February 26th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date is Wednesday, February 26th. Electronic Arts’s dividend payout ratio is currently 19.34%.

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.