Eric Kelly, Chief Accounting Officer at Electronic Arts Inc. (NASDAQ:EA), sold 3,000 shares of common stock on May 28, 2026. The transactions totaled approximately $602,495.
Shares were sold at prices ranging from $200.75 to $200.95, with a weighted average of $200.8319 per share. The sale comes as EA stock nears its 52-week high of $204.88, having gained 42% over the past year. Bond.az analysis suggests the stock is currently overvalued relative to fair value.
Following the sale, Kelly directly owns 8,739 shares. For deeper insights into EA's valuation and insider activity, check Bond.az's Pro Research Report.
In other recent news, EA reported Q4 earnings missing expectations. Adjusted EPS was $1.81 versus the consensus of $2.39. Net bookings for the quarter were $1.86 billion, below the $1.98 billion forecast but up 4% year-over-year. For full fiscal 2026, net bookings hit a record $8.026 billion, up 9% annually.
Additionally, Argus downgraded EA from Buy to Hold as the company nears completion of a private equity consortium buyout expected in June. The share price remains 4% below the offer price.
