Electronic Arts executive Laura Miele sells $362,764 in stock

Published 02/04/2025, 22:24
© Reuters.

Laura Miele, President of EA Entertainment at Electronic Arts Inc . (NASDAQ:EA), recently sold a portion of her holdings in the company. According to a Form 4 filing with the Securities and Exchange Commission, Miele sold a total of 2,500 shares of common stock on April 1, 2025. The transaction comes as InvestingPro data shows EA trading near overbought levels, with the stock maintaining a strong financial health score of "GOOD." The transactions were executed at prices ranging from $144.34 to $145.64 per share, resulting in a total sale value of approximately $362,764.

These transactions were conducted under a 10b5-1 trading plan established by Miele in August 2024. Following the sale, Miele retains direct ownership of 42,689 shares of Electronic Arts stock.

In other recent news, Electronic Arts has been the subject of various analyst evaluations and market updates. TD Cowen revised its price target for Electronic Arts to $160, down from $183, while maintaining a Buy rating. This adjustment followed the company’s third-quarter results, which met expectations for bookings and EBIT, though future estimates were lowered due to cautious guidance. Benchmark analyst Mike Hickey also increased EA’s price target to $160, citing potential benefits from a delayed release of Grand Theft Auto VI by Take-Two Interactive (NASDAQ:TTWO), which could give EA’s Battlefield franchise a competitive edge during a key release period.

Citi maintained a Neutral rating with a $139 price target, expecting future releases of FC and Battlefield to drive bookings growth in fiscal year 2026 despite recent guidance revisions due to challenges with Dragon Age and EA FC. DA Davidson reiterated its Neutral rating with a $140 target, noting increased engagement for "FIFA 25" but expressing concerns over a decline in "Apex Legends" market share due to competition. The firm also initiated coverage with a Neutral rating, highlighting Electronic Arts’ strong intellectual property portfolio but expressing caution over its near-term prospects and operational challenges.

These developments reflect a mixed outlook for Electronic Arts, with analysts weighing positive engagement trends against market challenges and cautious guidance.

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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