Tag Archives: Blake Jorgensen

EA Games stock market share value continues to slide downward

While a number of financial withdrawals of support have taken place (both scheduled and unexpected), as well as consumer backlash leading to a general lack of interest in upcoming titles, the value of EA Games in the stock market has been taking a continual dip. While most journalists and gamers may not have noticed, EA Games has been steadily sliding in a downward spiral as the lack of hype around their games produces a chilling effect on investor confidence. Continue reading EA Games stock market share value continues to slide downward

EA Games executive Blake Jorgensen just sold $1.5 Million of EA Stock

According to SEC filings made Friday, July 6, 2018 which were sent to Investors today on July 9, 2018 Blake Jorgensen (COO & CFO at EA Games) sold $1,503,967 worth of stock market holdings in EA on July 3, 2018 (last Tuesday). This took place over two transactions in which 6,200 shares were sold at $142.85 each (for a total of $885,670) followed by an immediate secondary motion to sell 4,300 shares at $143.79 each (for a total of $618,297). Typically game industry executives have been known to sell off large amounts of stock market holdings in the companies they work for when their inside knowledge allows them to predict a future drop in value will occur (sometimes legally, sometimes illegally based on past court findings of executives at EA in particular).

Let’s take this opportunity to give an EA News WrapUp of some recent events that may be related to this disposal of securities and late filing on a massive release of shares from a loathed industry figure who has defended loot boxes in games, even as governments condemn and ban them through new laws, as well as suggest the death of single player games, and why he may think that EA’s stock market value could be heading for a decline.

Continue reading EA Games executive Blake Jorgensen just sold $1.5 Million of EA Stock