Jacob Schatz, Executive Vice President, Global Affairs and Chief Legal Officer of Electronic Arts Inc (EA, Financial), sold 1,500 shares of the company on September 16, 2024. The transaction was reported in a recent SEC Filing. Following this transaction, the insider now owns 26,360 shares of Electronic Arts Inc.
Electronic Arts Inc is a global leader in digital interactive entertainment. The company develops and delivers games, content, and online services for Internet-connected consoles, mobile devices, and personal computers.
Over the past year, Jacob Schatz has sold a total of 13,000 shares of Electronic Arts Inc and has not made any purchases of the stock. This recent sale is part of a broader trend observed over the past year, where there have been 57 insider sells and no insider buys.
On the date of the recent sale, shares of Electronic Arts Inc were trading at $146.58, giving the company a market cap of approximately $37.67 billion. The price-earnings ratio of the company stands at 33.55, which is above both the industry median of 19.57 and the company's historical median.
According to the GF Value, the intrinsic value of Electronic Arts Inc's stock is estimated at $136.51. With the current price of $146.58, the stock has a price-to-GF-Value ratio of 1.07, indicating that it is Fairly Valued.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
