Dsam Partners Llp Has Decreased Its Electronic Arts INC (EA) Stake as Stock Price Declined

November 10, 2018 - By Linda Rogers

Electronic Arts Inc. (NASDAQ:EA) LogoInvestors sentiment increased to 1.1 in Q2 2018. Its up 0.25, from 0.85 in 2018Q1. It increased, as 31 investors sold EA shares while 228 reduced holdings. 91 funds opened positions while 195 raised stakes. 270.23 million shares or 1.08% less from 273.19 million shares in 2018Q1 were reported. Destination Wealth has 176 shares for 0% of their portfolio. Moreover, Tradewinds Mgmt Lc has 0.01% invested in Electronic Arts Inc. (NASDAQ:EA) for 160 shares. Rampart Investment Mgmt Company Ltd Company holds 0.4% of its portfolio in Electronic Arts Inc. (NASDAQ:EA) for 28,643 shares. Tcw Group Incorporated has invested 0.17% in Electronic Arts Inc. (NASDAQ:EA). Mariner Wealth Advsr owns 109,433 shares. Ubs Asset Mngmt Americas owns 1.47M shares for 0% of their portfolio. Westpac has 0% invested in Electronic Arts Inc. (NASDAQ:EA). Clifford Swan Counsel Limited Liability Corp has 3,125 shares. Paloma Prtnrs Mgmt Company reported 13,980 shares. Moreover, Cls Investments Ltd Liability Co has 0% invested in Electronic Arts Inc. (NASDAQ:EA) for 52 shares. Neuberger Berman Group Ltd Company reported 0.06% in Electronic Arts Inc. (NASDAQ:EA). 500,332 were reported by New York State Teachers Retirement System. Bnp Paribas Arbitrage Sa holds 155,362 shares or 0% of its portfolio. Liberty Mutual Grp Inc Asset reported 12,265 shares. Ibis Prtn Ltd Liability Partnership reported 8,400 shares.

Since May 17, 2018, it had 0 insider purchases, and 30 insider sales for $30.59 million activity. Another trade for 10,500 shares valued at $1.43 million was sold by Jorgensen Blake J. $278,347 worth of Electronic Arts Inc. (NASDAQ:EA) shares were sold by PROBST LAWRENCE F III. $143,610 worth of Electronic Arts Inc. (NASDAQ:EA) shares were sold by Schatz Jacob J.. Soderlund Patrick had sold 66,427 shares worth $8.69 million on Thursday, May 17. Shares for $1.36M were sold by Wilson Andrew on Wednesday, May 23. Singh Vijayanthimala sold $22,744 worth of stock or 200 shares.

Dsam Partners Llp decreased its stake in Electronic Arts Inc (EA) by 30.75% based on its latest 2018Q2 regulatory filing with the SEC. Dsam Partners Llp sold 80,911 shares as the company’s stock declined 21.13% while stock markets rallied. The hedge fund held 182,241 shares of the prepackaged software company at the end of 2018Q2, valued at $25.70 million, down from 263,152 at the end of the previous reported quarter. Dsam Partners Llp who had been investing in Electronic Arts Inc for a number of months, seems to be less bullish one the $27.10B market cap company. The stock decreased 5.31% or $4.98 during the last trading session, reaching $88.89. About 7.24 million shares traded or 39.12% up from the average. Electronic Arts Inc. (NASDAQ:EA) has declined 6.15% since November 10, 2017 and is downtrending. It has underperformed by 21.77% the S&P500.

Dsam Partners Llp, which manages about $496.31M US Long portfolio, upped its stake in Alphabet Inc by 14,349 shares to 31,019 shares, valued at $34.61 million in 2018Q2, according to the filing.

More notable recent Electronic Arts Inc. (NASDAQ:EA) news were published by: Fool.com which released: “Microsoft Challenges Electronic Arts in “Unlimited” PC Gaming” on October 31, 2018, also Nasdaq.com with their article: “ATVI Stock: Here’s What to Watch in Activision Blizzard Earnings” published on November 07, 2018, Nasdaq.com published: “Electronic Arts Earnings: EA Stock Slides Despite Q2 Earnings Beat” on October 31, 2018. More interesting news about Electronic Arts Inc. (NASDAQ:EA) were released by: Seekingalpha.com and their article: “Not All Doom And Gloom At Electronic Arts” published on November 09, 2018 as well as Benzinga.com‘s news article titled: “Electronic Arts’ Q2: The Sell-Side’s Take” with publication date: October 31, 2018.

Electronic Arts Inc. (NASDAQ:EA) Ratings Coverage

Among 12 analysts covering Electronic Arts (NASDAQ:EA), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Electronic Arts had 22 analyst reports since May 25, 2018 according to SRatingsIntel. The rating was maintained by Morgan Stanley with “Equal-Weight” on Wednesday, October 31. The firm has “Overweight” rating given on Wednesday, October 31 by Barclays Capital. Credit Suisse maintained it with “Outperform” rating and $126 target in Wednesday, October 31 report. The rating was maintained by KeyBanc Capital Markets on Monday, June 18 with “Overweight”. The firm has “Buy” rating given on Tuesday, September 11 by Stifel Nicolaus. The rating was maintained by BMO Capital Markets on Friday, November 2 with “Outperform”. The company was downgraded on Monday, October 29 by KeyBanc Capital Markets. As per Monday, July 23, the company rating was maintained by Stifel Nicolaus. As per Friday, August 31, the company rating was maintained by BMO Capital Markets. The company was maintained on Friday, August 31 by KeyBanc Capital Markets.

Electronic Arts Inc. (NASDAQ:EA) Institutional Positions Chart

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