Several high ranking EA executives have sold off large quantities of the company's stock last week, right after its value reached a six-years high thanks to a positive quarterly financial report.
According to SEC filings published by EA, executive vice president of EA Studios Patrick Soderlund has sold all of his 36,133 EA shares, for over $1.2 million.
EA senior vice president and general counsel Stephen Bene also sold off his entire stake in the company by selling 7,771 shares for a little under $260,000.
Finally, EA's chief operating officer Peter Moore sold 100,000 shares for roughly $3.4 million. Moore however still holds at least 108,691 shares of the company's stock.
May 13, 2014 - 12:51am