Carlson Capital L.P. has made a new investment of $1.71 million in Electronic Arts Inc. ($EA), acquiring 8,500 shares during the third quarter, making it their ninth-largest holding. This investment comes amidst significant insider selling, with CEO Andrew Wilson and Laura Miele collectively disposing of shares worth millions. Despite a “Hold” consensus from analysts with a target price of $186.95, the company announced a quarterly dividend of $0.19 and its stock trades at a premium valuation.
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Carlson Capital L.P. Makes New $1.71 Million Investment in Electronic Arts Inc. $EA
Carlson Capital L.P. has made a new investment of $1.71 million in Electronic Arts Inc. ($EA), acquiring 8,500 shares during the third quarter, making it their ninth-largest holding. This investment comes amidst significant insider selling, with CEO Andrew Wilson and Laura Miele collectively disposing of shares worth millions. Despite a “Hold” consensus from analysts with a target price of $186.95, the company announced a quarterly dividend of $0.19 and its stock trades at a premium valuation.