Gravity Co., Ltd. (GRVY) Reaches $71.08 52-Week High; Eminence Capital LP Lifted Electronic Arts (EA) Holding

Electronic Arts Inc. (NASDAQ:EA) Logo

The stock of Gravity Co., Ltd. (NASDAQ:GRVY) hit a new 52-week high and has $75.34 target or 6.00% above today’s $71.08 share price. The 9 months bullish chart indicates low risk for the $493.93 million company. The 1-year high was reported on May, 13 by Barchart.com. If the $75.34 price target is reached, the company will be worth $29.64 million more. The stock increased 5.81% or $3.9 during the last trading session, reaching $71.08. About 55,968 shares traded or 39.66% up from the average. Gravity Co., Ltd. (NASDAQ:GRVY) has risen 13.62% since May 13, 2018 and is uptrending. It has outperformed by 9.25% the S&P500. Some Historical GRVY News: 08/05/2018 – ALCKMIN:BRAZIL SOCIETY NOT AWARE OF GRAVITY OF FISCAL SITUATION; 08/05/2018 – Gravity Software Releases Subscription Billing and Gravity Software for Technology Companies; 23/05/2018 – Anti-Gravity Yoga Class Takes Warrior Workouts to New Heights; 27/04/2018 – GRAVITY Co 1Q Rev $62.5M; 27/04/2018 – Trilobites: This Fungus Borrowed From Ancient Bacteria to Defy Gravity; 07/03/2018 – VIVID GAMES SA VVD.WA – PLANS PREMIERE OF ‘GRAVITY RIDER’ GAME FOR AUG. 2018; 03/04/2018 – American Pacific Mining Begins Gravity Survey at the Tuscarora Gold Property; 27/04/2018 – GRAVITY CO LTD – QTRLY EARNINGS PER ADS $0.96; 17/04/2018 – VR Commences 2018 Surface Exploration at Junction; Gravity Anomaly Confirms the Down-Dip Potential of Copper-Silver Veins; 27/04/2018 – GRAVITY CO LTD – QTRLY SHR $0.48

Eminence Capital Lp increased Electronic Arts Inc (EA) stake by 67.83% reported in 2018Q4 SEC filing. Eminence Capital Lp acquired 686,510 shares as Electronic Arts Inc (EA)’s stock rose 13.26%. The Eminence Capital Lp holds 1.70 million shares with $134.04M value, up from 1.01M last quarter. Electronic Arts Inc now has $27.01B valuation. The stock decreased 3.96% or $3.72 during the last trading session, reaching $90.16. About 1.67 million shares traded. Electronic Arts Inc. (NASDAQ:EA) has declined 20.37% since May 13, 2018 and is downtrending. It has underperformed by 24.74% the S&P500. Some Historical EA News: 08/05/2018 – Electronic Arts Sees 1Q EPS 64c; 08/05/2018 – Electronic Arts Sees 1Q Net Bookings About $720M; 08/05/2018 – Electronic Arts Sees FY19 EPS $3.55; 19/04/2018 – Electronic Arts Closes Below 50-Day Moving Average: Technicals; 20/03/2018 – S&P: Stable Rating Outlook Reflects View EA’s Leverage Will Remain Under 1.5x; 22/05/2018 – ELECTRONIC ARTS INC – ACQUISITION CLOSED IN MAY 2018; 08/05/2018 – ELECTRONIC ARTS INC EA.O – FY 2019 DILUTED EARNINGS PER SHARE IS EXPECTED TO BE APPROXIMATELY $3.55; 22/05/2018 – Electronic Arts Acquires Cloud Gaming Technology & Talent; 09/05/2018 – ELECTRONIC ARTS INC EA.O : WEDBUSH RAISES TARGET PRICE TO $158 FROM $138; 02/04/2018 – Fitch Affirms Electronic Arts’ IDR at ‘BBB’; Outlook Stable

Gravity Co., Ltd. develops and publishes online games in South Korea, Japan, the United States, Canada, Taiwan, Hong Kong, Macau, China, and internationally. The company has market cap of $493.93 million. It offers online games; mobile games and applications; and other games and game-related services and products, including character merchandise and animation. It has a 25.88 P/E ratio. The companyÂ’s massively multiplayer online role playing games include Ragnarok Online, Ragnarok Online II, Requiem, Dragonica, and R.O.S.E.

More notable recent Gravity Co., Ltd. (NASDAQ:GRVY) news were published by: Globenewswire.com which released: “Gravity Reports First Quarter of 2019 Results and Business Updates – GlobeNewswire” on May 13, 2019, also Nasdaq.com with their article: “Validea James P. O’Shaughnessy Strategy Daily Upgrade Report – 5/7/2019 – Nasdaq” published on May 07, 2019, Nasdaq.com published: “GRAVITY ANNOUNCES FILING OF ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2018 – Nasdaq” on April 26, 2019. More interesting news about Gravity Co., Ltd. (NASDAQ:GRVY) were released by: Seekingalpha.com and their article: “Gravity Co. Ltd.: Q4 2018 Was A Record Quarter – Still The Best Is Yet To Come – Seeking Alpha” published on March 19, 2019 as well as Globenewswire.com‘s news article titled: “Preliminary Unaudited Fourth Quarter 2018 Financial Results Nasdaq:GRVY – GlobeNewswire” with publication date: February 15, 2019.

Eminence Capital Lp decreased Vereit Inc stake by 4.73M shares to 10.32M valued at $73.79M in 2018Q4. It also reduced Intercontinental Exchange In (NYSE:ICE) stake by 170,735 shares and now owns 4.68M shares. Hilton Worldwide Hldgs Inc was reduced too.

Investors sentiment decreased to 0.92 in 2018 Q4. Its down 0.33, from 1.25 in 2018Q3. It is negative, as 91 investors sold EA shares while 217 reduced holdings. 92 funds opened positions while 190 raised stakes. 260.86 million shares or 3.75% less from 271.01 million shares in 2018Q3 were reported. Bedell Frazier Investment Counseling Ltd Liability Corporation holds 1.24% of its portfolio in Electronic Arts Inc. (NASDAQ:EA) for 36,830 shares. Dimensional Fund Advisors Ltd Partnership accumulated 722,555 shares. Dekabank Deutsche Girozentrale has invested 0.13% in Electronic Arts Inc. (NASDAQ:EA). Commonwealth Retail Bank Of has invested 0.01% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). Baystate Wealth Management Lc reported 317 shares. Lombard Odier Asset Mgmt (Usa) owns 75,000 shares. Nuwave Inv Mngmt Ltd Liability Corporation holds 1.06% of its portfolio in Electronic Arts Inc. (NASDAQ:EA) for 7,852 shares. Blair William Co Il stated it has 13,599 shares. Crystal Rock Mngmt reported 29,250 shares. The New York-based State Teachers Retirement System has invested 0.11% in Electronic Arts Inc. (NASDAQ:EA). Menta Cap Ltd holds 0.08% or 2,599 shares in its portfolio. Putnam Lc invested 0.03% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). Essex Invest Com Limited Liability holds 0.04% or 3,198 shares. Howe & Rusling holds 0.1% of its portfolio in Electronic Arts Inc. (NASDAQ:EA) for 5,790 shares. Focused Wealth Mngmt Incorporated owns 7,291 shares for 0.2% of their portfolio.

More notable recent Electronic Arts Inc. (NASDAQ:EA) news were published by: Nasdaq.com which released: “5 Top Stock Trades for Friday, Including EA – Nasdaq” on May 09, 2019, also Nasdaq.com with their article: “Upcoming Earnings Results Are Critical for EA Stock – Nasdaq” published on May 03, 2019, Nasdaq.com published: “Why Earnings Season Could Be Great for Electronic Arts (EA) – Nasdaq” on May 06, 2019. More interesting news about Electronic Arts Inc. (NASDAQ:EA) were released by: Nasdaq.com and their article: “Will Electronic Arts’ (EA) Game Releases Boost Q4 Earnings? – Nasdaq” published on May 01, 2019 as well as Nasdaq.com‘s news article titled: “Electronic Arts Earnings: EA Stock Soars as Q4 Revenue Tops Guidance – Nasdaq” with publication date: May 07, 2019.

Since December 3, 2018, it had 0 buys, and 9 sales for $4.43 million activity. 1,250 shares were sold by Miele Laura, worth $114,710 on Friday, February 1. Bruzzo Chris also sold $1.23M worth of Electronic Arts Inc. (NASDAQ:EA) on Monday, February 11. Shares for $306,330 were sold by Schatz Jacob J.. 200 shares were sold by Singh Vijayanthimala, worth $17,162. 9,000 shares valued at $759,241 were sold by Wilson Andrew on Monday, December 3. Shares for $222,509 were sold by Jorgensen Blake J. Another trade for 10,000 shares valued at $1.01M was made by COLEMAN LEONARD S JR on Tuesday, February 12.

Among 14 analysts covering Electronic Arts (NASDAQ:EA), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. Electronic Arts had 21 analyst reports since December 10, 2018 according to SRatingsIntel. UBS maintained the stock with “Buy” rating in Wednesday, May 8 report. Stephens maintained Electronic Arts Inc. (NASDAQ:EA) on Monday, February 25 with “Buy” rating. The firm has “Hold” rating given on Thursday, January 17 by Jefferies. The stock has “Outperform” rating by BMO Capital Markets on Wednesday, February 13. Morgan Stanley maintained it with “Equal-Weight” rating and $88 target in Tuesday, March 19 report. Robert W. Baird maintained Electronic Arts Inc. (NASDAQ:EA) on Monday, March 4 with “Buy” rating. The stock has “Buy” rating by Bank of America on Tuesday, February 19. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Neutral” rating by M Partners on Friday, May 3. Buckingham Research downgraded it to “Neutral” rating and $103 target in Monday, February 11 report. Piper Jaffray maintained the stock with “Buy” rating in Thursday, February 21 report.

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

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