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Stuart Canfield, Executive Vice President and Chief Financial Officer of Electronic Arts Inc . (NASDAQ:EA), recently sold shares of the company’s stock valued at approximately $130,107. The transactions, which took place on February 20, involved the sale of 1,000 shares at prices ranging from $129.9765 to $130.85 per share. The sale occurred with EA stock trading at a relatively high earnings multiple of 33.1x, near its 52-week range of $115.21 to $168.50. According to InvestingPro analysis, the company currently shows signs of being slightly undervalued.
Following these sales, Canfield retains ownership of 9,516 shares of Electronic Arts. These transactions were conducted under a 10b5-1 trading plan that Canfield established in August 2024, providing a structured approach to selling shares. The company maintains strong financial health with an InvestingPro Overall Score of "GOOD," supported by robust liquidity metrics and the fact that it holds more cash than debt on its balance sheet. Investors can access detailed analysis and 6 additional ProTips about EA through InvestingPro’s comprehensive research reports.
In other recent news, Electronic Arts has been the focus of several analyst revisions following its fiscal third-quarter results. TD Cowen reduced its price target for Electronic Arts from $183 to $160 while maintaining a Buy rating, noting that while the company met its Q3 expectations, it adjusted FY25 projections downward. UBS also lowered its price target from $160 to $138, maintaining a Neutral rating, citing decreased profits and reduced FY25 guidance due to weaker performance in global football and Dragon Age. Benchmark adjusted its target from $163 to $140, keeping a Buy rating, and highlighted challenges in the Global Football segment, while also noting potential growth with the upcoming Battlefield release.
DA Davidson initiated coverage with a Neutral rating and a $140 price target, expressing caution due to operational hurdles, particularly with the Dragon Age franchise. BMO Capital Markets adjusted its target slightly from $145 to $142, maintaining a Market Perform rating, and pointed to potential challenges in EA’s FY26 lineup with the anticipated release of GTA VI. Despite these challenges, analysts from Benchmark and TD Cowen maintain a positive long-term outlook, suggesting potential growth opportunities with new game releases. Electronic Arts’ management remains optimistic about a return to growth in fiscal 2026, driven by new titles and a resurgence in FIFA. These developments reflect a period of transition and adjustment for Electronic Arts as it navigates competitive pressures and prepares for future releases.
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