In a filing, Electronic Arts, Inc. revealed its Chief Legal Officer Schatz Jacob J. unloaded Company’s shares for reported $0.13 million on Apr 15 ’24. In the deal valued at $128.21 per share,1,000 shares were sold. As a result of this transaction, Schatz Jacob J. now holds 18,426 shares worth roughly $2.33 million.
Then, Miele Laura sold 2,000 shares, generating $265,640 in total proceeds. Upon selling the shares at $132.82, the Chief Operating Officer now owns 34,772 shares.
Before that, Singh Vijayanthimala sold 800 shares. Electronic Arts, Inc. shares valued at $106,256 were divested by the Chief People Officer at a price of $132.82 per share. As a result of the transaction, Singh Vijayanthimala now holds 27,083 shares, worth roughly $3.43 million.
Stifel reiterated its Electronic Arts, Inc. [EA] rating to a Buy in a research note published on January 18, 2024; the price target was $155. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who began to cover the stock in early January with a ‘”an Outperform”‘ rating. Wolfe Research began covering EA with “Peer perform” recommendation on December 12, 2023. BofA Securities revised its rating on October 10, 2023. It rated EA as “a Buy” which previously was an “a Neutral”.
Price Performance Review of EA
On Tuesday, Electronic Arts, Inc. [NASDAQ:EA] saw its stock fall -0.39% to $126.55. Over the last five days, the stock has lost -3.17%. Electronic Arts, Inc. shares have fallen nearly -7.50% since the year began. Nevertheless, the stocks have fallen -1.03% over the past one year. While a 52-week high of $144.53 was reached on 02/15/24, a 52-week low of $117.47 was recorded on 04/16/24. SMA at 50 days reached $135.39, while 200 days put it at $131.58. A total of 1.9 million shares were traded, compared to the trading of 1.42 million shares in the previous session.
Levels Of Support And Resistance For EA Stock
The 24-hour chart illustrates a support level at 125.68, which if violated will result in even more drops to 124.82. On the upside, there is a resistance level at 128.09. A further resistance level may holdings at 129.64. The Relative Strength Index (RSI) on the 14-day chart is 28.80, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.33%. Stochastics %K at 4.94% indicates the stock is a buying.
