As Electronic Arts INC (Call) (EA) Stock Rose, Holder Caxton Associates LP Has Lowered Holding

May 17, 2018 - By Jason Grubb

Electronic Arts Inc. (NASDAQ:EA) LogoInvestors sentiment decreased to 0.85 in Q4 2017. Its down 0.30, from 1.15 in 2017Q3. It fall, as 82 investors sold EA shares while 234 reduced holdings. 85 funds opened positions while 184 raised stakes. 280.71 million shares or 0.12% less from 281.04 million shares in 2017Q3 were reported. Moreover, Quantbot Tech LP has 0.13% invested in Electronic Arts Inc. (NASDAQ:EA) for 13,807 shares. Gradient Invests Llc reported 19 shares or 0% of all its holdings. Teachers Retirement Systems Of The State Of Kentucky owns 110,875 shares. Mitchell Cap Mgmt invested 0.79% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). Utd Capital Fin Advisers Lc invested 0.01% in Electronic Arts Inc. (NASDAQ:EA). Wellington Shields Management Ltd Liability invested in 8,925 shares. Lathrop Inv invested in 155,204 shares. Nuwave Invest Management Ltd invested in 0.43% or 3,455 shares. Adirondack Tru reported 0% stake. Ngam Advsrs Ltd Partnership invested in 0.09% or 85,544 shares. Valley Natl Advisers Incorporated holds 10 shares. Nordea Inv Mgmt invested in 0.39% or 1.55 million shares. Apg Asset Mngmt Nv holds 0.15% or 949,768 shares. Twin Capital owns 0.47% invested in Electronic Arts Inc. (NASDAQ:EA) for 90,430 shares. Westpac Banking, a Australia-based fund reported 19,971 shares.

Since December 14, 2017, it had 0 insider purchases, and 40 sales for $19.38 million activity. On Tuesday, May 1 the insider Bruzzo Chris sold $178,416. 750 shares were sold by Miele Laura, worth $81,113. LINZNER JOEL had sold 6,000 shares worth $790,340. On Friday, February 16 COLEMAN LEONARD S JR sold $899,261 worth of Electronic Arts Inc. (NASDAQ:EA) or 7,125 shares. On Tuesday, March 20 the insider Schatz Jacob J. sold $125,770. On Thursday, March 1 Soderlund Patrick sold $614,841 worth of Electronic Arts Inc. (NASDAQ:EA) or 5,000 shares.

Bruce Kovner decreased its stake in Electronic Arts Inc (Call) (EA) by 24.53% based on its latest 2017Q4 regulatory filing with the SEC. Caxton Associates Lp sold 32,500 shares as the company’s stock rose 13.17% while stock markets declined. The hedge fund run by Bruce Kovner held 100,000 shares of the prepackaged software company at the end of 2017Q4, valued at $10.51 million, down from 132,500 at the end of the previous reported quarter. Caxton Associates Lp who had been investing in Electronic Arts Inc (Call) for a number of months, seems to be less bullish one the $39.94B market cap company. The stock decreased 0.49% or $0.64 during the last trading session, reaching $130.22. About 1.82M shares traded. Electronic Arts Inc. (NASDAQ:EA) has risen 34.78% since May 17, 2017 and is uptrending. It has outperformed by 23.23% the S&P500.

Caxton Associates Lp, which manages about $10.75B and $2.03 billion US Long portfolio, upped its stake in Praxair Inc (NYSE:PX) by 27,500 shares to 50,000 shares, valued at $7.73 million in 2017Q4, according to the filing. It also increased its holding in Citizens Finl Group Inc (NYSE:CFG) by 337,100 shares in the quarter, for a total of 350,000 shares, and has risen its stake in Pepsico Inc (Call) (NYSE:PEP).

Analysts await Electronic Arts Inc. (NASDAQ:EA) to report earnings on July, 26. They expect $-0.12 earnings per share, down 133.33 % or $0.48 from last year’s $0.36 per share. After $1.13 actual earnings per share reported by Electronic Arts Inc. for the previous quarter, Wall Street now forecasts -110.62 % negative EPS growth.

More notable recent Electronic Arts Inc. (NASDAQ:EA) news were published by: Investorplace.com which released: “Take-Two Interactive Proves Again That It’s Not Like Other Publishers” on May 17, 2018, also Investorplace.com with their article: “3 Earnings Reports to Watch Next Week” published on May 04, 2018, Nasdaq.com published: “Electronic Arts Rides the Esports Wave” on May 11, 2018. More interesting news about Electronic Arts Inc. (NASDAQ:EA) were released by: Seekingalpha.com and their article: “Live Services Are Like Taxes For Gamers” published on May 07, 2018 as well as Streetinsider.com‘s news article titled: “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” with publication date: May 15, 2018.

Electronic Arts Inc. (NASDAQ:EA) Ratings Coverage

Among 16 analysts covering Electronic Arts (NASDAQ:EA), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. Electronic Arts had 23 analyst reports since November 19, 2017 according to SRatingsIntel. KeyBanc Capital Markets maintained it with “Overweight” rating and $152 target in Wednesday, January 31 report. BTIG Research initiated the stock with “Hold” rating in Monday, December 18 report. The rating was maintained by SunTrust with “Buy” on Wednesday, January 31. Barclays Capital maintained Electronic Arts Inc. (NASDAQ:EA) rating on Wednesday, January 31. Barclays Capital has “Overweight” rating and $130 target. Stifel Nicolaus maintained Electronic Arts Inc. (NASDAQ:EA) on Thursday, February 1 with “Buy” rating. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Outperform” rating by BMO Capital Markets on Monday, January 8. The firm earned “Buy” rating on Wednesday, January 31 by Credit Suisse. The company was downgraded on Friday, January 12 by Morgan Stanley. The stock has “Buy” rating by Stifel Nicolaus on Thursday, January 25. On Wednesday, January 31 the stock rating was maintained by Cowen & Co with “Hold”.

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

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