Electronic Arts (NASDAQ:EA) has tumbled 1.01% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 1.93% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 0.18% and the outperformance has advanced to 1% for the last 4 weeks period.
Electronic Arts (NASDAQ:EA): The stock opened at $75.16 on Friday but the bulls could not build on the opening and the stock topped out at $75.16 for the day. The stock traded down to $73.58 during the day, due to lack of any buying support eventually closed down at $74.52 with a loss of -0.64% for the day. The stock had closed at $75.00 on the previous day. The total traded volume was 4,220,594 shares.
The company shares have rallied 12.99% from its 1 Year high price. On Jun 7, 2016, the shares registered one year high at $78.09 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $72.16 and the 200 Day Moving Average price is recorded at $67.06.
On the companys insider trading activities, Toledano Gabrielle B, officer (EVP, Chief Talent Officer) of Electronic Arts Inc., unloaded 15,000 shares at an average price of $74.7 on June 13, 2016. The total amount of the transaction was worth $1,120,500, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. BMO Capital initiates coverage on Electronic Arts (NASDAQ:EA). According to the latest information available, the shares are now rated Market Perform by the analysts at the agency. The rating by the firm was issued on April 27, 2016. Currently the company Insiders own 4.3% of Electronic Arts shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 30.56% . During last six month period, the net percent change held by insiders has seen a change of 11.21%.
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 Companys 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.