Electronic Arts chief people officer sells $145,000 in stock

Published 02/04/2025, 22:26
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Vijayanthimala Singh, Chief People Officer at Electronic Arts Inc . (NASDAQ:EA), recently sold 1,000 shares of common stock, amounting to $145,000. The gaming giant, currently valued at $37.66 billion, has maintained strong financial health according to InvestingPro analysis. This transaction, executed on April 1, 2025, was carried out under a 10b5-1 trading plan established by Singh and the Singh-Force Family Trust in May 2024. Following the sale, Singh retains 26,216 shares, held by the Singh-Force Family Trust, over which she has investment control. With EA’s stock currently trading at $144.86 and showing overbought signals, InvestingPro subscribers can access 8 additional key insights and a comprehensive Pro Research Report to better understand the company’s valuation metrics and growth potential.

In other recent news, Electronic Arts has been the subject of several analyst reports highlighting its financial outlook and strategic positioning. Benchmark analyst Mike Hickey raised the price target for Electronic Arts to $160, maintaining a Buy rating, citing a potential delay in the release of Grand Theft Auto VI as a beneficial factor for EA’s Battlefield franchise. Meanwhile, Citi reiterated a Neutral rating with a price target of $139, noting that future releases of FC and Battlefield are expected to drive bookings growth in fiscal year 2026, despite a current downturn in Dragon Age and EA FC’s performance.

DA Davidson also maintained a Neutral rating with a $140 price target, observing increased engagement for "FIFA 25" but noting challenges with "Apex Legends" due to competition from "Marvel Rivals." The firm emphasized the importance of EA’s intellectual property portfolio but expressed caution regarding the company’s near-term prospects. TD Cowen adjusted its price target for EA to $160 from $183, maintaining a Buy rating, following the company’s third-quarter results that aligned with expectations but showed a cautious outlook for free cash flow trends.

These developments reflect a mix of optimism and caution among analysts regarding Electronic Arts’ performance and future potential. The adjustments in price targets and ratings highlight the complexities of the gaming industry’s competitive landscape and the importance of strategic game releases for EA’s financial success.

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