Malibu Boats, Inc. (MBUU) Is At $33.74 Formed Wedge; Newbrook Capital Advisors LP Upped Electronic Arts (EA) Holding

Malibu Boats, Inc. (MBUU) formed wedge up with $36.10 target or 7.00% above today’s $33.74 share price. Malibu Boats, Inc. (MBUU) has $728.47 million valuation. The stock decreased 2.26% or $0.78 during the last trading session, reaching $33.74. About 176,640 shares traded. Malibu Boats, Inc. (NASDAQ:MBUU) has risen 77.33% since March 15, 2017 and is uptrending. It has outperformed by 60.63% the S&P500.

Newbrook Capital Advisors Lp increased Electronic Arts Inc (EA) stake by 65.07% reported in 2017Q3 SEC filing. Newbrook Capital Advisors Lp acquired 247,304 shares as Electronic Arts Inc (EA)’s stock rose 23.30%. The Newbrook Capital Advisors Lp holds 627,344 shares with $74.06 million value, up from 380,040 last quarter. Electronic Arts Inc now has $39.25B valuation. The stock increased 1.11% or $1.4 during the last trading session, reaching $127.97. About 3.58 million shares traded. Electronic Arts Inc. (NASDAQ:EA) has risen 46.45% since March 15, 2017 and is uptrending. It has outperformed by 29.75% the S&P500.

Among 27 analysts covering Electronic Arts (NASDAQ:EA), 24 have Buy rating, 0 Sell and 3 Hold. Therefore 89% are positive. Electronic Arts had 92 analyst reports since July 28, 2015 according to SRatingsIntel. On Monday, June 12 the stock rating was maintained by BMO Capital Markets with “Hold”. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Overweight” rating by Atlantic Securities on Friday, December 4. The firm earned “Buy” rating on Monday, June 12 by Mizuho. Stifel Nicolaus maintained Electronic Arts Inc. (NASDAQ:EA) rating on Monday, September 12. Stifel Nicolaus has “Buy” rating and $87 target. The stock has “Buy” rating by Jefferies on Monday, July 17. As per Thursday, September 14, the company rating was maintained by Robert W. Baird. Morgan Stanley maintained the shares of EA in report on Monday, October 2 with “Overweight” rating. BMO Capital Markets maintained the shares of EA in report on Monday, July 31 with “Hold” rating. The firm has “Buy” rating by Bank of America given on Wednesday, October 18. BMO Capital Markets initiated Electronic Arts Inc. (NASDAQ:EA) on Wednesday, April 27 with “Market Perform” rating.

Newbrook Capital Advisors Lp decreased Constellation Brands Inc (NYSE:STZ) stake by 79,902 shares to 568,766 valued at $113.44 million in 2017Q3. It also reduced Mohawk Inds Inc (NYSE:MHK) stake by 15,299 shares and now owns 177,876 shares. Charter Communications Inc N was reduced too.

Since September 20, 2017, it had 0 insider buys, and 31 selling transactions for $15.57 million activity. $113,600 worth of Electronic Arts Inc. (NASDAQ:EA) shares were sold by Schatz Jacob J.. Jorgensen Blake J had sold 10,500 shares worth $1.25 million. Warren Denise sold 1,000 shares worth $125,584. Shares for $614,841 were sold by Soderlund Patrick. $88,626 worth of stock was sold by Miele Laura on Monday, October 2. 9,000 shares were sold by Wilson Andrew, worth $1.15M on Thursday, February 1. On Tuesday, January 2 the insider Singh Vijayanthimala sold $21,170.

Investors sentiment decreased to 0.85 in Q3 2017. Its down 0.30, from 1.15 in 2017Q2. It is negative, as 35 investors sold EA 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. Synovus stated it has 0.01% in Electronic Arts Inc. (NASDAQ:EA). Bluecrest Cap Management Limited has 215,121 shares. Thrivent Financial For Lutherans has 12,300 shares. Regions Financial has 5,298 shares for 0.01% of their portfolio. Lone Pine Limited Company reported 2.43% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). Utah Retirement System stated it has 0.15% in Electronic Arts Inc. (NASDAQ:EA). Assetmark Incorporated stated it has 0% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). Pub Employees Retirement System Of Ohio has 310,233 shares. Hbk Investments LP invested in 129,040 shares or 0.12% of the stock. 58,580 are owned by Ajo L P. The Ontario – Canada-based Picton Mahoney Asset Mngmt has invested 2.17% in Electronic Arts Inc. (NASDAQ:EA). Alexandria Limited Liability has 0% invested in Electronic Arts Inc. (NASDAQ:EA). Ballentine Ptnrs Ltd owns 0.02% invested in Electronic Arts Inc. (NASDAQ:EA) for 2,897 shares. First Personal Services holds 0.01% or 390 shares in its portfolio. Cubist Systematic Strategies Limited Liability Corp, a Connecticut-based fund reported 95,935 shares.

Since December 11, 2017, it had 0 insider purchases, and 2 insider sales for $1.76 million activity. $1.25M worth of Malibu Boats, Inc. (NASDAQ:MBUU) was sold by Springer Jackie D. Jr.. $512,250 worth of Malibu Boats, Inc. (NASDAQ:MBUU) was sold by Gasper Dan L. on Friday, February 16.

Analysts await Malibu Boats, Inc. (NASDAQ:MBUU) to report earnings on May, 2. They expect $0.70 earnings per share, up 45.83% or $0.22 from last year’s $0.48 per share. MBUU’s profit will be $15.11M for 12.05 P/E if the $0.70 EPS becomes a reality. After $0.51 actual earnings per share reported by Malibu Boats, Inc. for the previous quarter, Wall Street now forecasts 37.25% EPS growth.