Electronic Arts Insiders Divest $755,835 in January Stock Sales
Vijayanthimala Singh sold 1,200 Electronic Arts shares at an average of $204.30 for $245,160, reducing her ownership by 3.58% to 32,360 shares valued at $6.61 million. Laura Miele sold 2,500 shares at $204.27 for $510,675, cutting her stake by 4.70%.
1. Insider Sales Activity
On January 15, Electronic Arts insider Vijayanthimala Singh sold 1,200 shares, reducing her direct stake from 33,560 to 32,360 shares, a 3.58% ownership decrease. The transaction was disclosed via SEC filing and follows identical sales of 1,200 shares on December 15 and November 17. Singh’s remaining stake is valued at approximately 6.61 million based on the most recent disclosure.
2. Financial Health Metrics
As of the latest report, Electronic Arts maintains a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.25. The firm’s market capitalization stands at 51.08 billion, with a price-to-earnings ratio of 59.72, a price/earnings-to-growth ratio of 2.41 and a beta of 0.73. The stock has traded between a 52-week low of 115.21 and a 52-week high of 204.88, and its 50-day and 200-day moving averages are 203.28 and 185.57 respectively.
3. Dividend and Earnings Overview
In the quarter ended October 28, the company reported revenue of 1.84 billion versus expectations of 1.88 billion and earnings per share of 0.65 compared with consensus of 0.72. Net margin was 12.14% and return on equity was 15.30%, with revenue down 12.6% year-over-year. A quarterly dividend of 0.19 per share was paid on December 23 to shareholders of record as of December 3, representing an annualized payout of 0.76 per share, a dividend yield of 0.4% and a payout ratio of 22.22%.
4. Analyst Ratings and Outlook
Recent research updates include Morgan Stanley raising its target from 148 to 210 with an equal-weight rating, UBS setting a 210 target with a neutral rating, HSBC downgrading from strong-buy to hold, and Zacks lowering from strong-buy to hold. Argus also set a 210 target. In total, four analysts recommend Buy, twenty-six recommend Hold and one recommends Sell, with an average consensus target of 181.21.