Apollon Wealth Administration LLC diminished its stake in shares of Digital Arts Inc. (NASDAQ:EA – Free Report) by 3.3% within the third quarter, based on its most up-to-date submitting with the SEC. The institutional investor owned 3,519 shares of the sport software program firm’s inventory after promoting 120 shares in the course of the interval. Apollon Wealth Administration LLC’s holdings in Digital Arts had been price $505,000 as of its most up-to-date submitting with the SEC.
Different institutional traders and hedge funds have additionally lately modified their holdings of the corporate. Avantax Advisory Companies Inc. raised its holdings in shares of Digital Arts by 6.9% within the first quarter. Avantax Advisory Companies Inc. now owns 3,408 shares of the sport software program firm’s inventory valued at $452,000 after buying an extra 220 shares over the past quarter. Vanguard Group Inc. lifted its place in shares of Digital Arts by 14.7% in the course of the 1st quarter. Vanguard Group Inc. now owns 29,159,718 shares of the sport software program firm’s inventory price $3,868,620,000 after shopping for an extra 3,727,251 shares within the final quarter. Ameritas Funding Companions Inc. lifted its place in shares of Digital Arts by 7.0% in the course of the 1st quarter. Ameritas Funding Companions Inc. now owns 28,364 shares of the sport software program firm’s inventory price $3,763,000 after shopping for an extra 1,846 shares within the final quarter. O Shaughnessy Asset Administration LLC boosted its stake in shares of Digital Arts by 8.1% within the 1st quarter. O Shaughnessy Asset Administration LLC now owns 12,212 shares of the sport software program firm’s inventory price $1,620,000 after shopping for an extra 917 shares over the past quarter. Lastly, Seven Eight Capital LP purchased a brand new place in shares of Digital Arts within the first quarter valued at roughly $1,931,000. 90.23% of the inventory is owned by hedge funds and different institutional traders.
Analyst Upgrades and Downgrades
A number of analysis corporations have weighed in on EA. JPMorgan Chase & Co. reduce their value goal on Digital Arts from $155.00 to $150.00 and set a “impartial” ranking on the inventory in a analysis report on Wednesday, October thirtieth. Stifel Nicolaus boosted their value goal on shares of Digital Arts from $165.00 to $167.00 and gave the inventory a “purchase” ranking in a report on Wednesday, July thirty first. BNP Paribas upgraded shares of Digital Arts to a “strong-buy” ranking in a report on Wednesday, October ninth. Argus boosted their goal value on shares of Digital Arts from $161.00 to $183.00 and gave the corporate a “purchase” ranking in a analysis be aware on Thursday, November seventh. Lastly, Morgan Stanley reissued an “equal weight” ranking and set a $150.00 goal value on shares of Digital Arts in a analysis report on Wednesday, September 18th. Eight funding analysts have rated the inventory with a maintain ranking, twelve have issued a purchase ranking and two have issued a robust purchase ranking to the corporate. In response to knowledge from MarketBeat, Digital Arts presently has a consensus ranking of “Average Purchase” and a median goal value of $165.37.
Insider Exercise
In different information, insider Vijayanthimala Singh bought 1,000 shares of the inventory in a transaction on Friday, November 1st. The shares had been bought at a median value of $150.83, for a complete worth of $150,830.00. Following the transaction, the insider now owns 28,190 shares of the corporate’s inventory, valued at $4,251,897.70. This represents a 3.43 % lower of their place. The sale was disclosed in a submitting with the Securities & Alternate Fee, which is accessible at this hyperlink. Additionally, insider Laura Miele bought 2,500 shares of Digital Arts inventory in a transaction dated Wednesday, November sixth. The inventory was bought at a median value of $158.03, for a complete worth of $395,075.00. Following the sale, the insider now immediately owns 50,433 shares of the corporate’s inventory, valued at roughly $7,969,926.99. This commerce represents a 4.72 % lower of their place. The disclosure for this sale might be discovered right here. Insiders bought 26,144 shares of firm inventory price $3,886,282 within the final three months. Company insiders personal 0.22% of the corporate’s inventory.
Digital Arts Buying and selling Down 1.7 %
Shares of Digital Arts inventory opened at $161.36 on Friday. The corporate’s 50-day transferring common value is $147.17 and its 200-day transferring common value is $142.55. The corporate has a present ratio of 1.43, a fast ratio of 1.43 and a debt-to-equity ratio of 0.25. Digital Arts Inc. has a 12-month low of $124.92 and a 12-month excessive of $164.42. The corporate has a market cap of $42.32 billion, a price-to-earnings ratio of 41.48, a PEG ratio of two.13 and a beta of 0.78.
Digital Arts Dividend Announcement
The corporate additionally lately declared a quarterly dividend, which will likely be paid on Wednesday, December 18th. Shareholders of file on Wednesday, November twenty seventh will likely be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 0.47%. The ex-dividend date is Wednesday, November twenty seventh. Digital Arts’s payout ratio is nineteen.54%.
Digital Arts Firm Profile
Digital Arts Inc develops, markets, publishes, and distributes video games, content material, and companies for sport consoles, PCs, cell phones, and tablets worldwide. It develops and publishes video games and companies throughout varied genres, resembling sports activities, racing, first-person shooter, motion, role-playing, and simulation primarily beneath the Battlefield, The Sims, Apex Legends, Want for Pace, and license video games from others, together with FIFA, Madden NFL, UFC, and Star Wars manufacturers.
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