Large Outflow of Money Witnessed in Electronic Arts Inc.

Electronic Arts Inc. (EA) managed to stay afloat and traded higher with an addition of 0.1 point or 0.12% at $83.53. The money flow data is a negative $(-8.26) million with $88.94 million in upticks and $97.2 million in downticks. The intraday up/down ratio came in at 0.92. The shares has seen 0.44% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $0.84 million and the combined worth of the downticks was $12.98, Million, leading to the up/down ratio of 0.07. The block trade saw a net money flow of $(-12.13) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of Electronic Arts Inc. rose by 1.87% in the last five trading days and 5.38% for the last 4 weeks. Electronic Arts Inc. is up 5.71% in the last 3-month period. Year-to-Date the stock performance stands at 5.38%. Electronic Arts Inc. (NASDAQ:EA) witnessed a decline in the market cap on Wednesday as its shares dropped 0.52% or 0.43 points. After the session commenced at $83.43, the stock reached the higher end at $84.25 while it hit a low of $81.45. With the volume soaring to 7,608,012 shares, the last trade was called at $83. The company has a 52-week high of $86.07. The company has a market cap of $25,046 million and there are 301,755,510 shares in outstanding. The 52-week low of the share price is $53.01.

Company has reported several Insider transactions to the SEC, on Jan 20, 2017, Jacob J. Schatz (SVP and General Counsel) sold 2,200 shares at 80.69 per share price.On Jan 11, 2017, Blake J Jorgensen (EVP & Chief Financial Officer) sold 12,130 shares at 78.35 per share price.On Jan 5, 2017, Patrick Soderlund (EVP, EA Worldwide Studios) sold 8,000 shares at 79.05 per share price.

Electronic Arts Last issued its quarterly earnings results on Nov 1, 2016. The company reported $-0.13 EPS for the quarter. Analyst had a consensus estimate of $-0.13. The company had revenue of $898.00 million for the quarter, compared to analysts expectations of $1085.05 million. The companys revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.65 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Mizuho on Feb 1, 2017 to Neutral, Raises Price Target to $ 94 from a previous price target of $92 .Company shares were Reiterated by The Benchmark Company on Feb 1, 2017 to Buy, Raises Price Target to $ 105.16 from a previous price target of $101.94 .Company shares were Reiterated by The Benchmark Company on Dec 8, 2016 to Buy, Raises Price Target to $ 101.94 from a previous price target of $101.25 .

Electronic Arts Inc. operates in two principal business segments globally: EA Core business segment: creation, marketing and distribution of entertainment software and the EA.com business segment: creation, marketing and distribution of entertainment software which can be played or sold online.

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