In a filing, Electronic Arts, Inc revealed its Chairman & CEO Wilson Andrew unloaded Company’s shares for reported $0.71 million on Jan 21 ’25. In the deal valued at $142.68 per share,5,000 shares were sold. As a result of this transaction, Wilson Andrew now holds 42,615 shares worth roughly $4.97 million.
Then, Schatz Jacob J. sold 1,500 shares, generating $215,175 in total proceeds. Upon selling the shares at $143.45, the EVP, Global Affairs and CLO now owns 23,386 shares.
Before that, Singh Vijayanthimala sold 1,000 shares. Electronic Arts, Inc shares valued at $147,570 were divested by the Chief People Officer at a price of $147.57 per share. As a result of the transaction, Singh Vijayanthimala now holds 29,216 shares, worth roughly $3.4 million.
Exane BNP Paribas downgraded its Electronic Arts, Inc [EA] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in late January from “an Outperform” to “a Mkt perform”. BofA Securities also remained covering EA and has decreased its forecast on January 23, 2025 with a “Neutral” recommendation from previously “Buy” rating. BMO Capital Markets revised its rating on January 23, 2025. It rated EA as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of EA
On Tuesday, Electronic Arts, Inc [NASDAQ:EA] saw its stock fall -1.17% to $116.53. Over the last five days, the stock has lost -18.67%. Electronic Arts, Inc shares have fallen nearly -20.35% since the year began. Nevertheless, the stocks have fallen -16.13% over the past one year. While a 52-week high of $168.50 was reached on 01/03/25, a 52-week low of $115.21 was recorded on 01/24/25. SMA at 50 days reached $151.99, while 200 days put it at $143.57.
Levels Of Support And Resistance For EA Stock
The 24-hour chart illustrates a support level at 115.40, which if violated will result in even more drops to 114.27. On the upside, there is a resistance level at 117.62. A further resistance level may holdings at 118.72. The Relative Strength Index (RSI) on the 14-day chart is 14.26, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -18.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.89%. Stochastics %K at 5.56% 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 2025-01-15, dropping by -0.43 million shares to a total of 6.74 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 7.17 million shares. There was a decline of -6.34%, which implies that there is a negative sentiment for the stock.
