The General Counsel & Corp Sect’y of Electronic Arts is Exercising Options


Today it was reported that the General Counsel & Corp Sect’y of Electronic Arts (EA), Jacob Schatz, exercised options to sell 7,000 EA shares at $35.70 a share, for a total transaction value of $678K.

In addition to Jacob Schatz, 8 other EA executives reported Sell trades in the last month.

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EA’s market cap is $29.13B and the company has a P/E ratio of 29.73. Currently, Electronic Arts has an average volume of 3.73M.

Based on 21 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $111.10, reflecting a 12.2% upside.

In the last 30 days, insiders have sold $1.68M worth of EA shares and purchased $137.9K worth of EA shares. The insider sentiment on Electronic Arts has been neutral according to 115 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Electronic Arts, Inc. engages in the provision of digital interactive entertainment. The firm develops and delivers games, content, and online services for Internet-connected consoles, mobile devices, and personal computers. It operates through the North America and International geographical segments.

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