Andrew Wilson who is the Chief Executive Officer of Electronic Arts Inc not a long ago sold 9,000 shares of the ‘s company. The significant insider transaction has $978,201 U.S Dollars total value, at an average market stock price per share of $108.7. This is not his first insider trade, in the last month, he sold another 10,058 shares worth $1,063,705 USD. This big deal will probably draw attention, as Andrew Wilson presently has ownership of 0.06% of the market cap of the company.
Among 4 analysts covering El Paso Electric Company (NYSE:EE), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. El Paso Electric Company had 17 analyst reports since November 20, 2015 according to SRatingsIntel. Jefferies maintained the shares of EE in report on Friday, July 21 with “Hold” rating. Jefferies maintained the shares of EE in report on Thursday, August 3 with “Hold” rating. Jefferies maintained the stock with “Hold” rating in Tuesday, September 12 report. The firm has “Hold” rating by Jefferies given on Friday, August 11. The firm has “Buy” rating given on Thursday, July 14 by Jefferies. The rating was downgraded by Bank of America to “Hold” on Wednesday, November 22. On Tuesday, November 15 the stock rating was downgraded by Jefferies to “Hold”. The firm has “Hold” rating given on Tuesday, June 13 by Jefferies. The company was downgraded on Friday, November 20 by Jefferies. As per Wednesday, January 11, the company rating was initiated by Williams Capital Group. See El Paso Electric Company (NYSE:EE) latest ratings:
22/11/2017 Broker: Bank of America Rating: Hold New Target: $62.0 Downgrade
26/10/2017 Broker: Mizuho Rating: Hold New Target: $55.0 Maintain
16/10/2017 Broker: Jefferies Old Rating: Hold New Rating: Underperform Downgrade
06/10/2017 Broker: Jefferies Rating: Hold New Target: $57.0 Maintain
03/10/2017 Broker: Mizuho Rating: Hold New Target: $56.0 Maintain
12/09/2017 Broker: Jefferies Rating: Hold New Target: $56.0 Maintain
17/08/2017 Broker: Mizuho Rating: Neutral New Target: $55 Initiates Coverage On
11/08/2017 Broker: Jefferies Rating: Hold New Target: $56.0000 Maintain
03/08/2017 Broker: Jefferies Rating: Hold New Target: $55.0000 Maintain
21/07/2017 Broker: Jefferies Rating: Hold New Target: $52.0000 Maintain
El Paso Electric Company, a public utility company, engages in the generation, transmission, and distribution of electricity in west Texas and southern New Mexico. The company has market cap of $2.21 billion. It generates electricity through nuclear fuel, natural gas, and coal facilities, as well as solar photovoltaic panels and wind turbines. It has a 22.64 P/E ratio. The firm owns or has ownership interests in various electrical generating facilities with a net dependable generating capability of approximately 2,080 megawatts; four 345 kilovolt transmission lines in New Mexico and Arizona; and three 500 kV lines in Arizona.
The stock increased 0.56% or $0.3 during the last trading session, reaching $54.35. About 63,145 shares traded. El Paso Electric Company (NYSE:EE) has risen 21.05% since January 4, 2017 and is uptrending. It has outperformed by 4.35% the S&P500.
Investors sentiment decreased to 1.3 in 2017 Q3. Its down 0.19, from 1.49 in 2017Q2. It dropped, as 21 investors sold El Paso Electric Company shares while 45 reduced holdings. 22 funds opened positions while 64 raised stakes. 39.38 million shares or 0.60% more from 39.15 million shares in 2017Q2 were reported. North Carolina-based Piedmont Invest Advsr Limited Liability Corporation has invested 0.01% in El Paso Electric Company (NYSE:EE). Rhumbline Advisers has invested 0.01% in El Paso Electric Company (NYSE:EE). Moreover, Barclays Public Ltd Co has 0% invested in El Paso Electric Company (NYSE:EE) for 4,774 shares. Riverhead Capital Management Lc owns 7,272 shares. Vanguard Gru holds 0.01% or 3.98 million shares in its portfolio. Credit Suisse Ag reported 58,712 shares or 0% of all its holdings. 52,606 were accumulated by Qs Investors Ltd Liability Company. Paloma Prtnrs Management accumulated 0.01% or 11,036 shares. Profund Advsrs Ltd Liability Corp stated it has 10,639 shares or 0.02% of all its holdings. Tower Research Cap Limited Liability (Trc) accumulated 2,978 shares. Comerica Bancshares holds 110,270 shares. Paradigm Asset Ltd Liability Corp reported 0.12% stake. Bnp Paribas Arbitrage reported 23,422 shares. Virginia Retirement Et Al reported 20,500 shares. Amer Invest holds 18,671 shares or 0.4% of its portfolio.
Investors sentiment increased to 1.15 in 2017 Q3. Its up 0.12, from 1.03 in 2017Q2. It is positive, as 35 investors sold Electronic Arts Inc. shares while 217 reduced holdings. 72 funds opened positions while 218 raised stakes. 281.04 million shares or 1.59% less from 285.59 million shares in 2017Q2 were reported. Covington Capital has invested 0.06% in Electronic Arts Inc. (NASDAQ:EA). State Bank Of Nova Scotia holds 0.04% in Electronic Arts Inc. (NASDAQ:EA) or 53,621 shares. Wealth Architects Ltd Liability accumulated 5,056 shares. Loring Wolcott & Coolidge Fiduciary Llp Ma reported 0% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). 822,635 are held by Royal Bancorporation Of Canada. Country Club Trust Na reported 3,659 shares. Country Trust Financial Bank stated it has 0% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). 844,494 were accumulated by New York State Common Retirement Fund. Chevy Chase reported 270,607 shares stake. Provise holds 4,649 shares or 0.08% of its portfolio. Horseman Cap Mngmt Limited has invested 0.26% in Electronic Arts Inc. (NASDAQ:EA). Washington Tru Bancorporation invested in 0.01% or 339 shares. Pittenger Anderson reported 450 shares or 0% of all its holdings. Legal & General Grp Inc Public Ltd Company stated it has 0.13% in Electronic Arts Inc. (NASDAQ:EA). Comerica Bank owns 92,942 shares for 0.08% of their portfolio.
Since August 1, 2017, it had 0 insider buys, and 24 insider sales for $27.71 million activity. The insider Schatz Jacob J. sold 1,000 shares worth $113,600. On Thursday, September 7 the insider Jorgensen Blake J sold $1.17 million. PROBST LAWRENCE F III had sold 68,072 shares worth $8.09M. 200 shares were sold by Singh Vijayanthimala, worth $21,040. The insider Wilson Andrew sold 10,058 shares worth $1.20 million. Another trade for 1,500 shares valued at $175,521 was sold by Bruzzo Chris. The insider Miele Laura sold 750 shares worth $87,758.
Analysts await Electronic Arts Inc. (NASDAQ:EA) to report earnings on January, 30. They expect $2.06 earnings per share, down 15.92% or $0.39 from last year’s $2.45 per share. EA’s profit will be $634.32M for 13.05 P/E if the $2.06 EPS becomes a reality. After $0.50 actual earnings per share reported by Electronic Arts Inc. for the previous quarter, Wall Street now forecasts 312.00% EPS growth.
The stock decreased 2.00% or $2.19 during the last trading session, reaching $107.56. About 1.77M shares traded. Electronic Arts Inc. (NASDAQ:EA) has risen 46.45% since January 4, 2017 and is uptrending. It has outperformed by 29.75% the S&P500.
Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for game consoles, personal computers, mobile phones, and tablets worldwide. The company has market cap of $33.12 billion. It develops and publishes games primarily under the Battlefield, Mass Effect, Need for Speed, The Sims, and Plants v. It has a 28.36 P/E ratio. Zombies brands; and license games from others, such as FIFA, Madden NFL, and Star Wars, as well as publishes and distributes games developed by third parties.