TSX gains after CPI shows US inflation rose 3%
Andrew Wilson, Chairman and CEO of ELECTRONIC ARTS INC (NASDAQ:EA), sold 5,000 shares of common stock on October 20, 2025, for approximately $1 million. The shares were sold at a weighted average price of $200.5505, with individual sales prices ranging from $200.41 to $200.67. The transaction comes as EA trades near its 52-week high of $203.75, having gained over 37% in the past six months. According to InvestingPro analysis, the stock appears overvalued at current levels.
Following the transaction, Wilson directly holds 42,393 shares through the Wilson Family 2015 Trust.
The sale was executed under a pre-arranged 10b5-1 trading plan established on August 6, 2024.
In other recent news, Electronic Arts Inc . announced that Battlefield 6 has broken franchise records by selling over 7 million copies within the first three days of its release. The game has set new benchmarks for the series, with players participating in more than 172 million online matches since its launch and accumulating over 15 million hours of streaming during its opening weekend. Additionally, Electronic Arts is set to be acquired by a consortium including the Saudi Public Investment Fund, Silver Lake, and Affinity Partners for $55 billion, equating to $210 per share in cash. Following this announcement, several financial firms have adjusted their evaluations of the company. Roth/MKM downgraded Electronic Arts from Buy to Neutral, citing limited upside potential, while UBS and BMO Capital raised their price targets to $210, maintaining a Neutral and Market Perform rating, respectively. Jefferies also downgraded the stock from Buy to Hold, despite increasing its price target to $210. These developments indicate a significant shift in the company’s ownership and market evaluation.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.