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EA CEO Buys $1M in EA Shares

John Riccitiello doubles his amount of stock in the company.

Electronic Arts CEO John Riccitiello has just purchased $1 million (£620,000) worth of shares in the publisher.

A U.S. Securities and Exchange Commission filing said the exec purchased 42,500 shares worth $24.50 each.

Riccitiello now owns 89,794 shares totaling around $2 million, or about 0.03 percent of EA's total shares.

In morning trading, EA shares were flat, trading at $23.40.