Electronic Arts CFO Stuart Canfield sells $151,320 in stock

Published 22/05/2025, 01:46
© Reuters.

Stuart Canfield, the Executive Vice President and Chief Financial Officer of Electronic Arts Inc . (NASDAQ:EA), recently sold shares of the company’s common stock valued at $151,320. The transactions took place on May 20, 2025, as part of a 10b5-1 trading plan established by Canfield in August 2024. The sale comes as EA, with its $37.8 billion market cap, maintains strong financial health according to InvestingPro analysis, boasting a robust 79% gross profit margin and healthy cash flows.

The sales involved a total of 1,000 shares, with prices ranging from $150.8882 to $151.6413 per share. Following these transactions, Canfield holds 14,533 shares of Electronic Arts common stock.

Additionally, Canfield had 832 shares withheld at a price of $150.48 per share to satisfy tax withholding obligations upon the vesting of performance-based stock units. This withholding amounted to a total of $125,199.

These transactions reflect Canfield’s ongoing management of his equity holdings in Electronic Arts, a leading player in the video game industry.

In other recent news, Electronic Arts has received attention from various financial analysts following its impressive fourth-quarter performance. Benchmark analysts have raised their price target for Electronic Arts to $180, highlighting the company’s strong net bookings and adjusted EPS. The firm’s sports gaming division, especially EA SPORTS FC, showed significant growth, and the company anticipates continued success through fiscal year 2026. TD Cowen also increased its price target to $172, citing robust guidance for 2026 and strong results from the Battlefield and Skate franchises. The firm adjusted its fiscal year 2026 bookings estimate to $7.80 billion, reflecting a 6% year-over-year increase, and raised its adjusted EPS projections to $8.48, a 20% growth.

MoffettNathanson, however, downgraded Electronic Arts to Neutral with a price target of $163, expressing concerns about the stability of the company’s growth foundations despite acknowledging improvements in EA Sports FC. Goldman Sachs raised its price target to $155 while maintaining a Neutral rating, noting the significance of upcoming titles and the company’s focus on margin targets. DA Davidson also adjusted its price target to $150, emphasizing updated estimates for future performance and potential challenges due to economic conditions. Collectively, these developments highlight the varied perspectives on Electronic Arts’ future prospects among financial analysts.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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