Chris Bruzzo Insider Sell Transaction
As discovered in a legally required form that’s submitted to the DC-based SEC on 13/11/2015, Chris Bruzzo an insider in Electronic Arts Inc. (NASDAQ:EA)
69.89 -1.77 -2.47%
and currently EVP – Chief Marketing Officer, sold shares worth $144,074 U.S Dollars in the California-based Electronic Arts Inc. He sold 2,000 shares, at average $72.0 per share. Chris Bruzzo today holds 0.00 % of the market cap of the Company.
Electronic Arts Inc Stock Rating, Sentiment and Fundamentals
Twenty three big league security analysts anticipate that the YOY growth rate may be not more than 18.28% with $3.11 per share in 2015, giving the company a PE ratio of 23.08.
Rating & Sentiment
PsychSignal Social:
SELL
Analysts Rating:
BUY
Hedge Funds Sentiment:
BUY
Stock Fundamentals
Earnings + FCF Trend:
BUY
Sector/Industry Macro:
BULLISH
Valuation Models:
-
Technical Analysis
ST Trend:
UP
MT Trend:
UP
LT Trend:
UP
OctaFinance Rating*:
NEUTRAL
* Read How Our Stock Ratings System Works
Electronic Arts Inc’s stock price has advanced a colossal 3.33 % in the last 75 days, and is currently in a strong and steady uptrend. We can’t rate the stock SELL only because of speculative reasons, our trend system doesn’t agree with his sell. Take a look at the chart below.
Price Chart of Electronic Arts NASDAQ:EA Stock
Source: RightEdgeSystems, Yahoo Split & Dividend Adjusted Data and OctaFinance Interpretations
Hedge Funds Ownership
Data gathered from 13F SEC filings, show that 490 institutional investors hold Electronic Arts Inc. Our tracked institutional investors have historically had a very high interest in the company, and that was also the case in Q2 2015. The institutional ownership was 101.83 % of the stock’s outstanding shares. They decreased by 15.56 million the total shares they hold. As of that quarter these funds owned 316.49 million shares. A total of 44 funds closed their positions in Electronic Arts Inc and 193 reduced their holdings. There were 83 funds that created new positions and 160 funds that added to their positions.
As disclosed by SEC’s 13F filings, 26 institutional advisors are bullish the firm as its in their Top 10 stock positions.
Argent Capital Management Llc had the greatest investment with ownership of 1.40 million shares as of Q2 2015 for 4.28% of the fund’s portfolio. Lathrop Investment Management Corp is another bullish asset manager possessing 230,855 shares of the company or 5.04% of their stocks portfolio. The stock is also 3.49% of the fund’s AUM. Moreover The California-based fund Technology Crossover Management V Llc have 61.93% of their stock portfolio invested in the company’s market cap for 1.21 million shares. The California-based fund Technology Crossover Management Vi L.L.C. disclosed it had acquired a stake worth 62.12% of the fund’s stock portfolio in Electronic Arts Inc. Frontier Capital Management Co Llc is also very upbeat about the stock, owning 3.60 million shares or 1.72% of their stock portfolio.
Electronic Arts NASDAQ:EA Company Profile
Electronic Arts Inc is a game software content and services provider. The Company develops, markets, publishes and distributes game software content for consumers of various video game machines and electronic devices. It also provides game software-related services. The Company’s brands include Battlefield, Mass Effect, Need for Speed, Dragon Age, The Sims, Bejeweled and Plants v. Zombies, as well as brands based on licensed intellectual property such as FIFA, Madden NFL and Star Wars. The Company is organized around three divisions: EA Studios, Maxis and EA Mobile. The EA Studios division develops games and related content and services across a range of game categories, including the FIFA, Madden NFL, Need for Speed, Battlefield, Mass Effect and Dragon Age. The Maxis division creates games, and related content and services that engage player creativity. The EA Mobile division focuses on developing and publishing interactive games for mobile phones and tablets.
Company Website: Electronic Arts
Electronic Arts Inc was incorporated in Delaware on 1991-05-08. Now its market value is: $21.81 billion and it has 304.35 million outstanding shares. As of writing the company has 103.80% shareholders and the institutional ownership is 103.80%. Electronic Arts Inc has 8400 employees. The stock closed at $69.889999 yesterday and it had average 2 days volume of 881345 shares. It is down from the 30 days average shares volume of 1076285. Electronic Arts Inc has a 52w low of $40.88 and a 52 weeks high of $76.92. The stock price is above the 200 days simple moving average. Electronic Arts Inc last issued its quarterly earnings data on 10/29/2015. The company reported 0.52 EPS for the quarter, above the consensus estimate of 0.33 by 0.19. The company had a revenue of 1.20 billion for 6/30/2015 and 1.19 billion for 3/31/2015. Therefore, the revenue was 18.00 million up.
Chris Bruzzo is also director of Blue Nile Inc.
* Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $72.0358 to $72.04. The Company undertakes to provide to the Staff of the S.E.C. or a security holder full information regarding the number of shares purchased or sold at each separate price.
The post Insider Transaction: Electronic Arts Inc. (NASDAQ:EA)’s EVP – Chief Marketing Officer Chris Bruzzo Sold 2,000 shares appeared first on Octafinance.