The Benchmark Company Has Just Reaffirmed $129 Target Price Per Share on Electronic Arts (NASDAQ:EA) stock, While They’ve Also Reiterated Their “Buy” Rating

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Investors sentiment decreased to 0.92 in 2018 Q4. Its down 0.33, from 1.25 in 2018Q3. It dropped, as 91 investors sold Electronic Arts Inc. shares while 217 reduced holdings. 92 funds opened positions while 190 raised stakes. 260.86 million shares or 3.75% less from 271.01 million shares in 2018Q3 were reported.

Victory Cap Mgmt Incorporated holds 0% of its portfolio in Electronic Arts Inc. (NASDAQ:EA) for 4,495 shares. Michigan-based Csat Inv Advisory Limited Partnership has invested 0.01% in Electronic Arts Inc. (NASDAQ:EA). Checchi Cap Advisers Ltd Co owns 0.03% invested in Electronic Arts Inc. (NASDAQ:EA) for 2,780 shares. Cibc Asset Mgmt holds 0.03% or 46,705 shares. Fifth Third Comml Bank accumulated 12,436 shares or 0.01% of the stock. The California-based Rech Investors has invested 0.07% in Electronic Arts Inc. (NASDAQ:EA). Dowling Yahnke Limited Liability Company invested 0.03% in Electronic Arts Inc. (NASDAQ:EA). Gru One Trading Limited Partnership invested in 199,654 shares. Two Sigma Lc owns 0.01% invested in Electronic Arts Inc. (NASDAQ:EA) for 11,357 shares. Strategic Global Advsr Limited Liability Corp holds 29,474 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mngmt Corporation stated it has 35,100 shares. Pictet Bancorp Tru Ltd holds 8,560 shares or 0.27% of its portfolio. Cubist Systematic Strategies Ltd Co has 36,935 shares. Proshare Limited Liability Company reported 0.14% in Electronic Arts Inc. (NASDAQ:EA). Pension holds 322,533 shares.

Since December 3, 2018, it had 0 insider purchases, and 9 insider sales for $4.43 million activity. COLEMAN LEONARD S JR had sold 10,000 shares worth $1.01 million. $1.23M worth of Electronic Arts Inc. (NASDAQ:EA) shares were sold by Bruzzo Chris. Miele Laura sold 1,250 shares worth $114,710. Jorgensen Blake J had sold 2,617 shares worth $222,509. Schatz Jacob J. also sold $306,330 worth of Electronic Arts Inc. (NASDAQ:EA) shares. 200 shares were sold by Singh Vijayanthimala, worth $17,162.

Electronic Arts (NASDAQ:EA) Rating Reaffirmed

New York: In analysts note released on Wednesday, 8 May, The Benchmark Company maintained their “Buy” rating on Electronic Arts (NASDAQ:EA) shares. They now have a $129 price target on the company. The Benchmark Company’s target means a potential upside of 37.31 % from the company’s stock close price.

Electronic Arts Inc. (NASDAQ:EA) Ratings Coverage

Among 13 analysts covering Electronic Arts (NASDAQ:EA), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Electronic Arts has $125 highest and $88 lowest target. $106.07’s average target is 12.90% above currents $93.95 stock price. Electronic Arts had 19 analyst reports since December 10, 2018 according to SRatingsIntel. The stock of Electronic Arts Inc. (NASDAQ:EA) has “Outperform” rating given on Wednesday, February 13 by BMO Capital Markets. The firm has “Hold” rating by Buckingham Research given on Wednesday, March 20. The stock has “Buy” rating by Bank of America on Monday, February 11. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Neutral” rating by M Partners on Friday, May 3. The stock has “Hold” rating by Jefferies on Thursday, January 17. The stock of Electronic Arts Inc. (NASDAQ:EA) has “Buy” rating given on Tuesday, February 19 by Bank of America. Buckingham Research downgraded Electronic Arts Inc. (NASDAQ:EA) on Monday, February 11 to “Neutral” rating. The rating was maintained by Piper Jaffray with “Buy” on Thursday, February 21. As per Thursday, February 28, the company rating was maintained by UBS. Goldman Sachs maintained Electronic Arts Inc. (NASDAQ:EA) on Monday, March 25 with “Hold” rating.

The stock increased 1.32% or $1.22 during the last trading session, reaching $93.95. About 14.40 million shares traded or 109.05% up from the average. Electronic Arts Inc. (NASDAQ:EA) has declined 20.37% since May 8, 2018 and is downtrending. It has underperformed by 24.74% the S&P500.

Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for game consoles, personal computers, mobile phones, and tablets worldwide. The company has market cap of $28.15 billion. It develops and publishes games primarily under the Battlefield, Mass Effect, Need for Speed, The Sims, and Plants v. It has a 20.46 P/E ratio. Zombies brands; and license games from others, such as FIFA, Madden NFL, and Star Wars, as well as publishes and distributes games developed by third parties.

More notable recent Electronic Arts Inc. (NASDAQ:EA) news were published by: Seekingalpha.com which released: “EA says it’s addressing ‘Apex Legends’ issues – Seeking Alpha” on April 25, 2019, also Nasdaq.com with their article: “Top Services & Multimedia Stocks to Watch This Week – Nasdaq” published on April 09, 2019, Seekingalpha.com published: “QRVO, EA among premarket gainers – Seeking Alpha” on May 08, 2019. More interesting news about Electronic Arts Inc. (NASDAQ:EA) were released by: Nasdaq.com and their article: “7 Video Game ETFs That Will Make You a Winner – Nasdaq” published on April 18, 2019 as well as Nasdaq.com‘s news article titled: “Noteworthy Wednesday Option Activity: GTT, CRM, EA – Nasdaq” with publication date: May 01, 2019.

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

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