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FootballWho owns EA sports? All the details and facts of the sports entertainment company
Who owns EA sports? Netizens have been curious to discover the brains behind some of the most successful EA games, including Need For Speed, FIFA, and Apex Legends. Find out all about the company's ownership and the details behind the investors.
EA, known fully as Electronic Arts, is an international video game company founded in 1982 by Tim Hawkins. Today, the entertainment company has over 13,000 employees, and numerous game studios under it, including EA Sports. So, who owns EA Sports? Here are all the details.
EA Sports company background
Out of many gaming companies, Electronic Arts has stood the test of time, remaining relevant and competitive over the years. EA Sports is one of the top-10 gaming companies worldwide, following brands like Sony and Microsoft.
The California-based company has raked in revenue worth $7 billion, with the popular FIFA 23 becoming the world's most profitable game sold in 2022. So, ''Who owns EA Sports FIFA?'' The franchise operates under EA Sports and is one of the best-performing. Electronic Arts boasts a market capitalization of $35.57 billion in 2023.
Who is the owner of EA Sports?
EA Sports operates under the EA umbrella. The company was listed on the Nasdaq Stock Exchange in 1989. This public listing meant that several shareholders could now invest in it.
What company owns EA Sports?
The multinational gaming company has both individual and corporate shareholders. Here are some companies that have a stake in the organization:
- Blackrock, an investment management firm that owns 8.9% share.
- The Vanguard Group, an asset management group with a 7.0% shareholding.
- Public Investment Fund (PIF) of Saudi Arabia, owns 5.8% share.
- State Street Corporation, an asset management firm that has a 4.7% stake.
- Wellington Management Group, an asset management firm with 4.5% ownership.
Did Amazon buy EA?
Some curious fans have wondered if Amazon now owns EA. In 2022, rumours emerged that the multi-billion company planned to buy out Electronic Arts. However, the information was untrue and the original article was pulled down after establishing that the report was false.
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CricketDoes Microsoft have a stake in EA?
Microsoft and EA have been in partnership for a long time, making games for PC (Personal Computers) and Xbox platforms. However, the globally renowned computer company does not have shares in EA.
Personal investors who own EA Sports
Besides corporate, EA Sports ownership also comprises private investors who enjoy handsome benefits from the shares they own. These individuals are part of the company's executive and board and include:
- Jeff Huber, who owns 79,381 shares earning him a 31.77% stake.
- Richard Simonson has 68,153 shares which translate to a 27.35% stake.
- Laura Miele with 32,582 shares equalling a 13.04% stake.
Who owns EA Sports stock?
EA Sports stock is owned by the shareholders who have purchased a percentage of the company. If you are interested in buying Electronic Arts stock, you can use a stock trading account. The NASDAQ Electronic Arts stock price in January 2023 was $128.87.
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FootballFor those who have wondered, ''Who owns EA Sports?'' The EA franchise, founded in 1982 by Tim Hawkins, is managed by Andrew Wilson (CEO and chairman), Laura Miele (COO) and Chris Suh (CFO)
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