Wednesday, September 06, 2017 10:15 PM ET
Insiders Make Significant Stock Sales in Electronic Arts (EA) Shares Extending the Trend of Last Quarter
Five insiders — Linzner, Bruzzo, Soderlund, Wilson, and Miele — sold 24,308 shares of Electronic Arts having a market value of approximately $2,906,122, today, as reported in form 4 documents filed with the SEC. There have been 9 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 259,539 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 283,847 shares and have averaged 20,275 shares per transaction over this time period.
Compared to its peers over the last 90 days, insider buy/sell trading at Electronic Arts is higher than the 30-company peer group average. Application Software peer group saw 85 buy/sell trades during this period for an average of 2.8 transactions per company. The number of shares per buy/sell trade for Electronic Arts insiders was also higher. Within the peer group there were 0 shares purchased and 851,338 shares sold with company insiders disposing of 10,016 shares on average.
To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated in data obtained to create and write this story.
Today’s Insider Activity
* Joel Linzner, Officer, sold 4,000 shares
* Chris Bruzzo, Officer, sold 1,500 shares
* Patrick Soderlund, Officer, sold 8,000 shares
* Andrew Wilson, Director and Officer, sold 10,058 shares
* Laura Miele, Officer, sold 750 shares
Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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