EA - Strategic Sale: Jeff Huber Decides To Exercise Options Worth $1.27M At Electronic Arts | Benzinga
Jeff Huber, Director at Electronic Arts (NASDAQ:EA), reported a large exercise of company stock options on February 26, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Huber, Director at Electronic Arts, a company in the Communication Services sector, just exercised stock options worth 11,872 shares of EA stock with an exercise price of $33.6.
The Tuesday morning update indicates Electronic Arts shares down by 1.19%, currently priced at $140.69. At this value, Huber's 11,872 shares are worth $1,271,372.
Get to Know Electronic Arts Better
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.
Unraveling the Financial Story of Electronic Arts
Positive Revenue Trend: Examining Electronic Arts's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.4% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind ...