On November 6, 2024, Laura Miele, President of EA Entertainment, sold 2,500 shares of Electronic Arts Inc (EA, Financial) at a price of $158.03 per share. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 50,433 shares of the company.
Electronic Arts Inc (EA, Financial) 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, Laura Miele has sold a total of 18,500 shares of Electronic Arts Inc and has not made any purchases of the stock. The company has seen a total of 55 insider sells and no insider buys over the same period.
Shares of Electronic Arts Inc were trading at $158.03 on the day of the sale, giving the company a market cap of approximately $41.42 billion. The price-earnings ratio stands at 40.61, which is above both the industry median of 18.91 and the company's historical median.
The stock's GF Value is estimated at $138.76, indicating that Electronic Arts Inc is modestly overvalued with a price-to-GF-Value ratio of 1.14.
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 from Morningstar analysts.
This insider sale could be of interest to investors tracking insider behaviors and evaluating the stock's valuation metrics such as the price-sales ratio, price-book ratio, and price-to-free cash flow.
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.
