Wednesday, January 10, 2018 10:15 PM ET
Insider Selling in Electronic Arts (EA) Shares Continues
One Electronic Arts insider Blake J Jorgensen, Officer, today, sold 10,500 shares having a market value of approximately $1,184,964, as disclosed in a form 4 document filed with the SEC. There have been 7 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 80,266 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 90,766 shares and have averaged 11,346 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 85 buy/sell trades during this period for an average of 2.7 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 1,708,138 shares sold with company insiders disposing of 20,042 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 sourced to create and write this story.
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