Patrick Soderlund, executive vice president of EA Games and EA senior vice president and General Counsel Stephen Bene dumped their stocks after the company's shares traded at roughly $34.53 and $33.40, respectively. Soderlund unloaded 36,133 shares, while Bene sold 7,771.
EA's shares opened at $35.31 today, the highest price per share the company has traded at since September 2008. Another high-ranking executive at EA disposed of stocks as well: Chief Operating Officer Peter Moore sold nearly half (100,000) of the shares he owned at $34.53 as well. This follows EA's fiscal 2014 earnings report last week, in which it revealed a 5.79 percent decrease in net revenue year over year ($3.58 billion).
[Image: Electronic Arts]