Brown Advisory INC Increased Electronic Arts INC (EA) Stake by $42.49 Million as Shares Rose

June 29, 2018 - By Alice Reed

Electronic Arts Inc. (NASDAQ:EA) Corporate LogoBig Money Sentiment is 0.85 in 2018 Q1. It has change of 2017Q4’s as. The ratio is without change due to EA positioning: 72 sold and 230 reduced. only 84 funds acquired positions and 173 increased positions. Investors holded 280.71 million in 2017Q4 but now own 273.19 million shares or 2.68% less. First Trust Advsrs Limited Partnership invested in 56,299 shs. Massachusetts Ma reported 7.74 million shs. Atlantic Grp Lc has invested 0.01% of its capital in Electronic Arts Inc. (NASDAQ:EA). Nelson Van Denburg & Campbell Wealth Grp Limited Liability Co has invested 0.05% in Electronic Arts Inc. (NASDAQ:EA). Jag Cap Lc holds 2.38% of its capital in Electronic Arts Inc. (NASDAQ:EA) for 106,367 shs. Ameriprise holds 5.52M shs. Techs Crossover Mgmt Vii Ltd has invested 14.06% in Electronic Arts Inc. (NASDAQ:EA). Moore Mgmt Ltd Partnership holds 1.02% or 420,000 shs in its capital. Company Financial Bank accumulated 4,656 shs. State Of Alaska Department Of Revenue invested in 0.12% or 46,169 shs. Samlyn Ltd owns 715,975 shs for 1.91% of their capital. Ontario – Canada-based Royal Bank & Trust Of Canada has invested 0.06% in Electronic Arts Inc. (NASDAQ:EA). Trust Of Vermont, Vermont-based fund reported 400 shs. Marshall Wace Llp accumulated 458,590 shs or 2.3% of the stock. Clifford Swan Invest Counsel Limited Liability Company reported 3,065 shs.

EA registered $37.43 million net activity with 0 buys and 53 sales since January 2, 2018. On Monday, April 2 $89,320 worth of stock was sold by Miele Laura. On Friday, February 2 $125,370 worth of Electronic Arts Inc. (NASDAQ:EA) was sold by Schatz Jacob J.. The insider Moss Kenneth A sold 10,000 shs worth $1.33M. Shares for $125,584 were sold by Warren Denise on Friday, February 16. Singh Vijayanthimala also sold $26,416 worth of Electronic Arts Inc. (NASDAQ:EA) on Friday, June 1. On Tuesday, April 3 $1.26M worth of Electronic Arts Inc. (NASDAQ:EA) was sold by Jorgensen Blake J.

According to 2018Q1 Securities and Exchange form the Brown Advisory Inc increased its holdings in Electronic Arts Inc (EA) by 16.74%. 351,117 shares were bought by Brown Advisory Inc as the company’s stock rose 2.55% while stock markets declined. At the end of 2018Q1, the institutional investor held 2.45 million shares of the prepackaged software company, priced at $296.80M, up from 2.10 million at the end of the previous reported quarter. $43.19B is the market cap of Electronic Arts Inc. The stock increased 0.33% or $0.46 during the last trading session, reaching $141.09.Currently Electronic Arts Inc. is uptrending after 15.83% change in last June 29, 2017. EA has 893,302 shares volume. EA outperformed by 3.26% the S&P500.

Brown Advisory Inc manages about $23.14 billion US Long portfolio. According to a filing the fund reduced its stake in Hess Corp (NYSE:HES) by 70,966 shares to 12,624 shares, valued at $639,000 in 2018Q1. Brown Advisory Inc has cut its stake in Virtus Invt Partners Inc (NASDAQ:VRTS) and also reduced its holding in Coca Cola Co (NYSE:KO) by 546,095 shares in the quarter, for a total of 721,762 shares.

For more Electronic Arts Inc. (NASDAQ:EA) news released briefly go to: Streetinsider.com, Nasdaq.com, Benzinga.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Video Game Makers on Watch as Analyst Highlights M&A Potential” released on June 29, 2018, “What to Expect From E3, the Gaming World’s Annual Woodstock” on June 10, 2018, “Morgan Stanley: How Gaming Stocks Like EA Can Cash In On Streaming, Subscription Trends” with a publish date: June 11, 2018, “By The Numbers: Should You Buy Electronic Arts?” and the last “Electronic Arts: Premium Valuation For Mediocre Growth” with publication date: June 20, 2018.

Electronic Arts Inc. (NASDAQ:EA) Ratings Coverage

In total 17 analysts cover Electronic Arts (NASDAQ:EA). “Buy” rating has 14, “Sell” are 0, while 3 are “Hold”. 82% are bullish. 25 are the (NASDAQ:EA)’s analyst reports since January 8, 2018 according to StockzIntelligence Inc. On Thursday, February 1 the firm has “Buy” rating by BMO Capital Markets given. The company rating was maintained by Robert W. Baird on Friday, April 13. On Thursday, January 25 the stock has “Buy” rating by Stifel Nicolaus. The stock rating was initiated by J.P. Morgan with “Buy” on Tuesday, May 1. On Monday, March 26 Stifel Nicolaus maintained the shares of EA in report with “Buy” rating. On Wednesday, January 31 Bernstein maintained the shares of EA in report with “Buy” rating. On Wednesday, January 31 the rating was maintained by Barclays Capital with “Overweight”. On Friday, January 12 the company was downgraded by Morgan Stanley. On Monday, June 11 the rating was maintained by Piper Jaffray with “Buy”. On Monday, June 18 the firm has “Overweight” rating given by KeyBanc Capital Markets.

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

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