Brown Advisory INC Increased Stake in Electronic Arts INC (EA) as Shares Rose

June 29, 2018 - By Arnold Ferreira

Electronic Arts Inc. (NASDAQ:EA) Corporate LogoDuring Q1 2018 the big money sentiment is 0.85. That’s change of 2017Q4’s as. 72 investors sold all, 230 reduced holdings as EA ratio is without change. 173 rose positions while only 84 funds bought positions. Funds hold 273.19 million shares thus 2.68% less from 2017Q4’s 280.71 million shares. Fincl Mngmt Pro has 400 shs for 0.02% of their capital. Valley Advisers reported 10 shs. Deltec Asset Management Ltd Llc reported 11,500 shs. Bermuda-based Fil Limited has invested 0.04% in Electronic Arts Inc. (NASDAQ:EA). Highstreet Asset Mgmt reported 7,203 shs. Trexquant Investment Limited Partnership stated it has 0.16% in Electronic Arts Inc. (NASDAQ:EA). Ent Financial Svcs owns 307 shs. Aqr Capital Mgmt Llc has invested 0.26% of its capital in Electronic Arts Inc. (NASDAQ:EA). Jag Management Limited holds 2.38% in Electronic Arts Inc. (NASDAQ:EA) or 106,367 shs. Allen Inv Management Ltd Liability, a New York-based fund reported 7,216 shs. Picton Mahoney Asset holds 91,100 shs or 0.8% of its capital. Cibc Asset Mgmt Inc invested in 0.04% or 44,978 shs. Financial Architects accumulated 24 shs. Northern Tru Corporation reported 3.43M shs. Moreover, Bailard has 0.15% invested in Electronic Arts Inc. (NASDAQ:EA) for 18,900 shs.

EA registered $37.43 million net activity with 0 buys and 53 sales since January 2, 2018. Jorgensen Blake J also sold $1.32M worth of Electronic Arts Inc. (NASDAQ:EA) on Tuesday, March 6. $1.36M worth of Electronic Arts Inc. (NASDAQ:EA) shs were sold by Wilson Andrew. On Friday, June 1 the insider Singh Vijayanthimala sold $26,416. $116,320 worth of Electronic Arts Inc. (NASDAQ:EA) was sold by Schatz Jacob J.. Soderlund Patrick sold 5,000 shs worth $593,860. Bruzzo Chris had sold 1,500 shs worth $162,767 on Tuesday, January 2.

The stake In Electronic Arts Inc (EA) was upped owned by Brown Advisory Inc. According to 2018Q1 SEC form the reduction is 16.74%. The company’s stock rose 2.55% while stock markets declined as Brown Advisory Inc bought 351,117 shares. At the end of 2018Q1, the 2.45 million shares of the prepackaged software company held by the institutional investor were valued at $296.80M, up from 2.10 million at the end of the previous reported quarter. $43.19B is Electronic Arts Inc’s MC. Ticker’s shares touched $141.09 during the last trading session after 0.33% change.Electronic Arts Inc. has volume of 893,302 shares. Since June 29, 2017 EA has risen 15.83% and is uptrending. The stock outperformed the S&P500 by 3.26%.

About $23.14B US Long portfolio Brown Advisory Inc operates. It reduced its stake in Colony Northstar Inc by 2.67M shares to 961,094 shares, valued at $5.40M in 2018Q1, according to the filing. For a total of 4.90M shares it reduced its holding in Fortive Corp by 1.55M shares in the quarter, and has cut its stake in Acxiom Corp (NASDAQ:ACXM).

For more Electronic Arts Inc. (NASDAQ:EA) news posted recently go to: Benzinga.com, Seekingalpha.com, Streetinsider.com, Seekingalpha.com or Nasdaq.com. The titles are as follows: “Morgan Stanley: How Gaming Stocks Like EA Can Cash In On Streaming, Subscription Trends” posted on June 11, 2018, “By The Numbers: Should You Buy Electronic Arts?” on June 28, 2018, “Video Game Makers on Watch as Analyst Highlights M&A Potential” with a publish date: June 29, 2018, “Electronic Arts: Premium Valuation For Mediocre Growth” and the last “What to Expect From E3, the Gaming World’s Annual Woodstock” with publication date: June 10, 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”. (NASDAQ:EA) has 82% bullish analysts. 25 are the (NASDAQ:EA)’s ratings reports on 29 Jun 2018 according to StockzIntelligence Inc. On Friday, January 12 the firm has “Hold” rating by Morgan Stanley given. On Tuesday, May 1 the rating was initiated by J.P. Morgan with “Buy”. On Wednesday, January 31 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Wednesday, January 31 the firm has “Overweight” rating by KeyBanc Capital Markets given. On Thursday, January 25 Stifel Nicolaus maintained the shares of EA in report with “Buy” rating. The company rating was upgraded by BMO Capital Markets on Monday, January 8. In Monday, June 18 report KeyBanc Capital Markets maintained it with “Overweight” rating and $168 target. On Wednesday, January 31 Barclays Capital maintained Electronic Arts Inc. (NASDAQ:EA) with “Overweight” rating. In Wednesday, January 31 report SunTrust maintained the stock with “Buy” rating. In Wednesday, January 31 report Buckingham Research maintained it with “Buy” rating and $148 target.

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

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