Significant Insider Sales Reported in Shares of Electronic Arts (EA) Extending the Trend of Last Quarter

Friday, November 03, 2017 10:15 PM ET

Significant Insider Sales Reported in Shares of Electronic Arts (EA) Extending the Trend of Last Quarter

Electronic Arts, today, saw four insiders — Bruzzo, Soderlund, Wilson, and Miele — dispose 20,308 shares having a market value of approximately $2,311,614, 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 disposition of 203,538 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 223,846 shares and have averaged 17,219 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Electronic Arts is higher than its 31-company peer group average. The Application Software peer group saw 99 buy/sell trades during this period for an average of 3.2 transactions per company. However, the number of shares traded per transaction by Electronic Arts insiders is lower than its peers. Within the peer group there were 3,424 shares purchased and 1,937,401 shares sold with company insiders having sold 19,535 shares on average over this time period.

The data sourced in creating and writing in this story eliminates 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.

Today’s Insider Activity
* 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 Natural Language Generation (NLG) technology, 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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