EA - Sell Alert: Eric Kelly Cashes Out $401K In Electronic Arts Stock | Benzinga
Eric Kelly, Chief Accounting Officer at Electronic Arts (NASDAQ:EA), reported an insider sell on May 23, according to a new SEC filing.
What Happened: Kelly's recent move involves selling 3,000 shares of Electronic Arts. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value is $401,249.
Electronic Arts shares are trading up 0.31% at $134.82 at the time of this writing on Friday morning.
All You Need to Know About Electronic Arts
EA is one of the world's largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on consoles, PC, and mobile. The firm owns number of large franchises, including Madden, EA Sports FC (formerly FIFA), Battlefield, Apex Legends, Mass Effect, Dragon's Age, and Need for Speed.
Understanding the Numbers: Electronic Arts's Finances
Revenue Challenges: Electronic Arts's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -5.07%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags ...