In a filing, Electronic Arts, Inc revealed its Chief People Officer Singh Vijayanthimala unloaded Company’s shares for reported $0.15 million on Jan 02 ’25. In the deal valued at $147.57 per share,1,000 shares were sold. As a result of this transaction, Singh Vijayanthimala now holds 29,216 shares worth roughly $4.23 million.
Then, Miele Laura sold 2,500 shares, generating $365,371 in total proceeds. Upon selling the shares at $146.15, the President of EA Entertainment now owns 50,014 shares.
Before that, Canfield Stuart sold 1,000 shares. Electronic Arts, Inc shares valued at $148,180 were divested by the EVP & Chief Financial Officer at a price of $148.18 per share. As a result of the transaction, Canfield Stuart now holds 8,750 shares, worth roughly $1.27 million.
Stifel downgraded its Electronic Arts, Inc [EA] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including DZ Bank’s analysts, who increased its forecast for the stock in late October from “a Hold” to “a Buy”. Goldman also remained covering EA and reiterated its “Neutral” recommendation on July 31, 2024. Oppenheimer maintained its rating on July 16, 2024. It rated EA as “an Outperform”.
Price Performance Review of EA
On Tuesday, Electronic Arts, Inc [NASDAQ:EA] saw its stock fall -0.40% to $144.67. Over the last five days, the stock has lost -1.28%. Electronic Arts, Inc shares have fallen nearly -1.11% since the year began. Nevertheless, the stocks have risen 6.68% over the past one year. While a 52-week high of $168.50 was reached on 01/03/25, a 52-week low of $124.92 was recorded on 01/07/25. SMA at 50 days reached $156.85, while 200 days put it at $143.35.
Levels Of Support And Resistance For EA Stock
The 24-hour chart illustrates a support level at 143.64, which if violated will result in even more drops to 142.60. On the upside, there is a resistance level at 146.50. A further resistance level may holdings at 148.33. The Relative Strength Index (RSI) on the 14-day chart is 26.15, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.13%. Stochastics %K at 4.63% indicates the stock is a buying.
How much short interest is there in Electronic Arts, Inc?
A steep rise in short interest was recorded in Electronic Arts, Inc stocks on 2024-12-13, growing by 14690.0 shares to a total of 7.17 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 7.16 million shares. There was a rise of 0.2%, which implies that there is a positive sentiment for the stock.
