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Electronic Arts Inc . (NASDAQ:EA), the $42.3 billion gaming giant currently trading near its 52-week high of $180.90, saw its Executive Vice President, Global Affairs and CLO, Jacob J. Schatz, sell 1,200 shares of common stock on August 15, 2025, according to a new SEC filing. The sales, conducted under a prearranged 10b5-1 trading plan, fetched prices ranging from $173.724 to $178.48, totaling $209,579.
The filing indicates that Schatz sold 500 shares at a weighted average price of $173.724, where actual prices ranged from $173.25 to $174.24. An additional 600 shares were sold at a weighted average price of $174.7828, with prices ranging from $174.54 to $175.15. Finally, 100 shares were sold at $178.48.
On the same day, Schatz also acquired 32 shares of common stock at $109.0975, for a total value of $3491, under the Electronic Arts 2000 Employee Stock Purchase Plan.
Following these transactions, Schatz directly owns 27,280 shares of Electronic Arts Inc.
In other recent news, Electronic Arts reported significant developments that could impact investor perspectives. Oppenheimer reiterated its Outperform rating for Electronic Arts, adjusting its estimate for Battlefield 6 beta participants from 5 million to over 20 million, reflecting strong engagement metrics. Meanwhile, DA Davidson raised its price target for Electronic Arts to $160 from $150, maintaining a Neutral rating while expressing increased confidence in the company’s outlook. Raymond (NSE:RYMD) James also maintained its Market Perform rating, suggesting potential benefits for Battlefield 6 due to a weak year for competitors.
In corporate governance news, Electronic Arts amended its Change in Control Severance Plan, including a pro rata bonus provision for terminated employees. At the company’s recent annual meeting, all nominated directors were elected with a majority vote. Additionally, Electronic Arts announced a partnership with the National Hockey League to incorporate advanced player tracking data into NHL 26, enhancing the realism of the game. These developments highlight a period of strategic adjustments and collaborations for Electronic Arts.
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