Technology Crossover Management Vii LTD Lowered Electronic Arts (EA) Stake; SG Blocks (SGBX) Shorts Up By 30.71%

December 15, 2017 - By Clifton Ray

Technology Crossover Management Vii Ltd decreased Electronic Arts Inc. (EA) stake by 20% reported in 2017Q2 SEC filing. Technology Crossover Management Vii Ltd sold 703,807 shares as Electronic Arts Inc. (EA)’s stock rose 23.30%. The Technology Crossover Management Vii Ltd holds 2.82 million shares with $297.63M value, down from 3.52M last quarter. Electronic Arts Inc. now has $33.43 billion valuation. The stock increased 2.03% or $2.16 during the last trading session, reaching $108.58. About 3.08M shares traded. Electronic Arts Inc. (NASDAQ:EA) has risen 46.45% since December 15, 2016 and is uptrending. It has outperformed by 29.75% the S&P500.

SG Blocks Incorporated (NASDAQ:SGBX) had an increase of 30.71% in short interest. SGBX’s SI was 18,300 shares in December as released by FINRA. Its up 30.71% from 14,000 shares previously. With 46,500 avg volume, 0 days are for SG Blocks Incorporated (NASDAQ:SGBX)’s short sellers to cover SGBX’s short positions. The stock decreased 1.82% or $0.1 during the last trading session, reaching $5.4. About 48,829 shares traded or 36.07% up from the average. SG Blocks, Inc. (NASDAQ:SGBX) has 0.00% since December 15, 2016 and is . It has underperformed by 16.70% the S&P500.

SG Blocks, Inc. provides code engineered cargo shipping containers primarily in the United States. The company has market cap of $22.99 million. The firm redesigns, repurposes, and converts heavy-gauge steel cargo shipping containers into green building blocks for commercial, industrial, and residential building construction. It currently has negative earnings. It also provides engineering and project management services related to the use of modified containers in construction.

Among 25 analysts covering Electronic Arts (NASDAQ:EA), 23 have Buy rating, 0 Sell and 2 Hold. Therefore 92% are positive. Electronic Arts had 75 analyst reports since July 28, 2015 according to SRatingsIntel. Cowen & Co maintained Electronic Arts Inc. (NASDAQ:EA) on Friday, July 28 with “Hold” rating. The firm has “Market Perform” rating given on Thursday, November 2 by BMO Capital Markets. The company was maintained on Wednesday, October 26 by Wedbush. Stifel Nicolaus maintained Electronic Arts Inc. (NASDAQ:EA) rating on Friday, October 6. Stifel Nicolaus has “Buy” rating and $127.0 target. The firm earned “Buy” rating on Monday, June 12 by Jefferies. Benchmark maintained the stock with “Buy” rating in Wednesday, February 1 report. The rating was maintained by Robert W. Baird with “Buy” on Thursday, September 14. The firm earned “Buy” rating on Wednesday, November 1 by Piper Jaffray. The stock of Electronic Arts Inc. (NASDAQ:EA) has “Hold” rating given on Thursday, September 7 by BMO Capital Markets. The firm earned “Buy” rating on Friday, July 28 by Wedbush.

Since June 16, 2017, it had 0 insider purchases, and 23 selling transactions for $27.68 million activity. $175,521 worth of stock was sold by Bruzzo Chris on Tuesday, August 1. Wilson Andrew also sold $1.18 million worth of Electronic Arts Inc. (NASDAQ:EA) on Tuesday, August 1. 8,000 shares were sold by Soderlund Patrick, worth $935,862. Jorgensen Blake J sold $1.18 million worth of stock or 10,000 shares. Another trade for 750 shares valued at $88,626 was made by Miele Laura on Monday, October 2. Schatz Jacob J. also sold $120,770 worth of Electronic Arts Inc. (NASDAQ:EA) shares. On Friday, September 1 LINZNER JOEL sold $478,212 worth of Electronic Arts Inc. (NASDAQ:EA) or 4,000 shares.

Analysts await Electronic Arts Inc. (NASDAQ:EA) to report earnings on January, 30. They expect $2.10 earnings per share, down 14.29% or $0.35 from last year’s $2.45 per share. EA’s profit will be $646.63M for 12.93 P/E if the $2.10 EPS becomes a reality. After $0.50 actual earnings per share reported by Electronic Arts Inc. for the previous quarter, Wall Street now forecasts 320.00% EPS growth.

Investors sentiment increased to 1.15 in 2017 Q2. Its up 0.12, from 1.03 in 2017Q1. It improved, as 38 investors sold EA shares while 237 reduced holdings. 105 funds opened positions while 177 raised stakes. 285.59 million shares or 4.80% less from 300.00 million shares in 2017Q1 were reported. Baystate Wealth Ltd Liability Corporation has 0% invested in Electronic Arts Inc. (NASDAQ:EA) for 20 shares. Etrade Cap Mngmt Limited Liability Company reported 8,654 shares. Susquehanna Group Incorporated Llp owns 107,301 shares for 0% of their portfolio. Amica Retiree has invested 0.19% in Electronic Arts Inc. (NASDAQ:EA). Shine Investment Advisory Services has invested 0.02% in Electronic Arts Inc. (NASDAQ:EA). Moreover, Robeco Institutional Asset Mgmt Bv has 0.21% invested in Electronic Arts Inc. (NASDAQ:EA). 6.83 million were reported by Jpmorgan Chase &. State Of Tennessee Treasury Department owns 196,037 shares. Jennison Associates Lc invested in 1.15M shares or 0.13% of the stock. Amica Pension Fund Board Of Trustees holds 14,112 shares. Polar Capital Llp has invested 0.38% in Electronic Arts Inc. (NASDAQ:EA). Picton Mahoney Asset Mgmt invested in 1.01% or 134,500 shares. Nine Masts Capital Ltd owns 1,979 shares. Ajo LP reported 39,159 shares. Rampart Invest Mgmt Ltd Limited Liability Company, Massachusetts-based fund reported 4,030 shares.

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