US stock futures dip as Nvidia earnings spark little cheer
Electronic Arts Inc . (NASDAQ:EA) Chairman and CEO Andrew Wilson recently sold a significant portion of his holdings in the company. According to a filing with the Securities and Exchange Commission, Wilson sold a total of 5,000 shares of common stock on February 20, 2025. The gaming giant, currently valued at $34.06 billion, has maintained a strong financial health score according to InvestingPro analysis. The sale was executed under a 10b5-1 trading plan, which was established by Wilson and the Wilson Family Trust in August 2024.
The transaction, which involved two separate sales, generated a total of $650,695. The shares were sold at prices ranging from $129.51 to $131.01, with the stock currently trading at a P/E ratio of 33.1. Following these transactions, Wilson retains ownership of 37,615 shares through the Wilson Family Trust. Additionally, Wilson has investment control over 41,045 shares held in trust for his descendants.
These sales are part of a pre-arranged trading plan, allowing executives to sell a predetermined number of shares at set times to avoid any potential accusations of insider trading. For deeper insights into EA’s valuation and financial health metrics, including 6 additional ProTips, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Electronic Arts has experienced notable developments regarding its financial performance and analyst evaluations. Following the company’s third-quarter results, TD Cowen revised its price target for Electronic Arts from $183 to $160, maintaining a Buy rating. The firm highlighted that while the company met its Q3 bookings and EBIT expectations, it lowered its FY25 bookings estimate due to cautious guidance. UBS also adjusted its price target from $160 to $138, citing weaker performance in global football and Dragon Age, with a Neutral rating maintained.
Benchmark analysts reduced their price target from $163 to $140, retaining a Buy rating, and noted challenges in the Global Football segment while anticipating potential growth with the launch of Battlefield. Similarly, DA Davidson initiated coverage with a Neutral rating and a $140 price target, emphasizing Electronic Arts’ strong intellectual property portfolio but expressing caution about near-term prospects. BMO Capital lowered its price target from $145 to $142, maintaining a Market Perform rating, and pointed to challenges in EA’s FY26 lineup due to the anticipated release of GTA VI. These recent adjustments reflect a mixed but cautious outlook on Electronic Arts’ growth and future performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.