Robeco Institutional Asset Management B.V. Has $160.89 Million Position in Electronic Arts Inc. (NASDAQ:EA)

Robeco Institutional Asset Management B.V. lifted its stake in shares of Electronic Arts Inc. (NASDAQ:EA) by 51.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,099,746 shares of the game software company’s stock after acquiring an additional 373,730 shares during the period. Robeco Institutional Asset Management B.V. owned 0.42% of Electronic Arts worth $160,893,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of EA. Public Sector Pension Investment Board lifted its position in shares of Electronic Arts by 97.6% during the 2nd quarter. Public Sector Pension Investment Board now owns 7,969 shares of the game software company’s stock valued at $1,110,000 after acquiring an additional 3,936 shares during the period. Creative Planning raised its holdings in Electronic Arts by 14.5% during the second quarter. Creative Planning now owns 25,325 shares of the game software company’s stock worth $3,528,000 after buying an additional 3,213 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Electronic Arts by 6.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,111 shares of the game software company’s stock worth $712,000 after buying an additional 332 shares during the last quarter. Advisory Alpha LLC raised its holdings in Electronic Arts by 41.6% during the second quarter. Advisory Alpha LLC now owns 3,169 shares of the game software company’s stock worth $442,000 after buying an additional 931 shares during the last quarter. Finally, Ariadne Wealth Management LP acquired a new position in Electronic Arts during the second quarter worth $506,000. Institutional investors and hedge funds own 90.23% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Oppenheimer lowered their target price 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. StockNews.com upgraded shares of Electronic Arts from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 31st. Roth Mkm lowered their target price on shares of Electronic Arts from $158.00 to $134.00 and set a “neutral” rating for the company in a report on Thursday, January 23rd. BNP Paribas downgraded shares of Electronic Arts from an “outperform” rating to a “neutral” rating and set a $125.00 target price for the company. in a report on Monday. Finally, Stifel Nicolaus reduced their price target on shares of Electronic Arts from $167.00 to $159.00 and set a “hold” rating for the company in a research report on Tuesday, January 21st. Twelve analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Electronic Arts has a consensus rating of “Hold” and a consensus target price of $158.05.

Insiders Place Their Bets

In other news, insider Vijayanthimala Singh sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $150.83, for a total value of $150,830.00. Following the transaction, the insider now owns 28,190 shares in the company, valued at approximately $4,251,897.70. This trade represents a 3.43 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Andrew Wilson sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $142.68, for a total transaction of $713,400.00. Following the completion of the transaction, the chief executive officer now owns 42,615 shares in the company, valued at $6,080,308.20. This represents a 10.50 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 26,000 shares of company stock valued at $3,986,385. 0.22% of the stock is currently owned by corporate insiders.

Electronic Arts Trading Down 1.2 %

EA stock opened at $116.53 on Wednesday. The company has a market capitalization of $30.56 billion, a PE ratio of 29.96, a price-to-earnings-growth ratio of 1.87 and a beta of 0.80. Electronic Arts Inc. has a one year low of $115.21 and a one year high of $168.50. The company’s 50 day moving average price is $150.52 and its two-hundred day moving average price is $148.52. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.43 and a current ratio of 1.43.

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.