Insiders at Electronic Arts (EA) Make Significant Stock Sales Extends the Trend of Last Quarter

Wednesday, January 03, 2018 10:15 PM ET

Insiders at Electronic Arts (EA) Make Significant Stock Sales Extends the Trend of Last Quarter

There was significant selling of Electronic Arts shares today, as revealed in filings with the SEC. Five insiders — Bruzzo, Soderlund, Wilson, Miele, and Singh — sold 16,450 shares in the company having a market value of approximately $1,786,516. There have been 7 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 73,816 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 90,266 shares and have averaged 7,522 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Electronic Arts is above its 32-company peer group average. The Application Software peer group saw 80 buy/sell trades during this period for an average of 2.5 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 4,549 shares purchased and 2,802,473 shares sold with company insiders selling 34,974 shares on average over this time period.

In order to focus on 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 data used to compose and write this story.

Today’s Insider Activity
* Chris Bruzzo, Officer, sold 1,500 shares
* Patrick Soderlund, Officer, sold 5,000 shares
* Andrew Wilson, Director and Officer, sold 9,000 shares
* Laura Miele, Officer, sold 750 shares
* Vijayanthimala Singh, Officer, sold 200 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.

For more information, contact UpTick at info@uptickdata.com. Copyright 2018 UpTick Data Technologies. All rights reserved.

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