Electronic Arts EVP Schatz sells $240k in shares

Published 16/10/2025, 23:52
© Reuters.

Electronic Arts (NASDAQ:EA), the gaming giant currently valued at nearly $50 billion, saw its Executive Vice President, Global Affairs and CLO, Jacob J. Schatz, sell 1,200 shares of common stock on October 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $200.801, for a total transaction value of $240,961. Prices for the shares sold ranged from $200.42 to $201.10. The sale comes as EA trades near its 52-week high of $203.75, having gained over 40% in the past six months. According to InvestingPro analysis, the stock appears to be trading above its Fair Value.

Following the transaction, Schatz directly owns 24,880 shares of Electronic Arts.

The sale was executed under a pre-arranged 10b5-1 trading plan established on May 13, 2025.

In other recent news, Electronic Arts Inc . has announced that its latest release, Battlefield 6, has achieved a record-breaking milestone, selling over 7 million copies within the first three days of its launch. This success also includes players engaging in more than 172 million online matches and over 15 million hours watched on streaming platforms during the opening weekend. In a significant development, Electronic Arts is set to be acquired by a consortium including PIF, Silver Lake, and Affinity Partners for $55 billion, with a cash buyout offer of $210 per share. Following this announcement, several financial firms have adjusted their outlooks on the company’s stock.

Roth/MKM downgraded Electronic Arts from Buy to Neutral, citing limited upside potential, even as they raised the price target to $210. UBS also adjusted its price target to $210, maintaining a Neutral rating. Similarly, BMO Capital increased its price target from $166 to $210 while keeping a Market Perform rating. Jefferies, on the other hand, downgraded the stock from Buy to Hold, raising its price target to $210. These adjustments reflect the anticipated acquisition and the firm’s future prospects under new ownership.

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