Financial Review of Activision Blizzard, Inc (NASDAQ:ATVI)

Mindy Sparks
September 6, 2017

About 107,253 shares traded.

Shares of Activision Blizzard, Inc (NASDAQ ATVI) traded down 1.45% during trading on Wednesday, reaching $64.11. It has outperformed by 31.13% the S&P500. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating, twenty-three have given a buy rating and one has given a strong buy rating to the company's stock. Therefore 77% are positive.

A number of research analysts recently weighed in on the company. The firm has "Buy" rating given on Wednesday, August 5 by Brean Capital. (NASDAQ:AAPL), 36 have Buy rating, 1 Sell and 10 Hold. They now have a Dollars 74 price target on the stock. The firm has "Buy" rating by Sterne Agee CRT given on Thursday, December 17. (NASDAQ:AAPL) rating on Wednesday, October 26.

08/04/2017 - Activision Blizzard, Inc had its "buy" rating reiterated by analysts at Jefferies. The rating was maintained by Morgan Stanley with "Buy" on Friday, September 11. On Friday, July 31 the stock rating was downgraded by Cowen & Co to "Underperform".

Since March 15, 2017, it had 0 insider buys, and 15 selling transactions for $68.81 million activity. Through this figure traders can analyze that ATVI show whether or not a stock now most active and standing in buying side or sell side. Over the last ninety days, insiders have sold 4,074,879 shares of company stock worth $252,196,001.

In related news, Director Brian G. Kelly sold 111,239 shares of the business's stock in a transaction dated Monday, August 7th.

Investors sentiment increased to 1.15 in 2016 Q4. Its up 0.04, from 0.64 in 2016Q3. Shine Investment Advisory Services Inc. acquired a new position in shares of Activision Blizzard during the 2nd quarter worth approximately $142,000. 106 funds opened positions while 193 raised stakes. SBNY's SI was 1.29 million shares in September as released by FINRA. 50,175 were reported by Liberty Mutual Gru Asset Management. Farmers And Merchants Investments Inc holds 140 shares or 0% of its portfolio. Vanguard Group Inc. boosted its position in Activision Blizzard by 6.8% during the first quarter. 155,537 were accumulated by Caisse De Depot Et Placement Du Quebec. The insider Durkin Dennis M sold 100,000 shares worth $4.90 million. 703,307 are owned by Zurcher Kantonalbank (Zurich Cantonalbank). 501,011 were accumulated by Capital Guardian Tru. Paradigm Asset Mgmt Lc holds 14,000 shares.

Heading into the stock price potential, First Hawaiian, Inc. needs to grow just 19.99% to cross its median price target of $32. Wellington Mngmt Grp Limited Liability Partnership reported 0.03% stake. Ifc Inc Fl invested 0.02% in Activision Blizzard, Inc. Brick Kyle Assoc stated it has 0.03% in Activision Blizzard, Inc. Therefore 92% are positive. Bp Plc sold 118,000 shares as Activision Blizzard Inc (ATVI)'s stock rose 23.27%. The stock now has a consensus rating of "Buy" and a consensus target price of $62.34. The rating was upgraded by Stifel Nicolaus to "Buy" on Tuesday, February 14. The rating was maintained by Robert W. Baird on Wednesday, August 23 with "Buy". The firm earned "Buy" rating on Wednesday, November 4 by UBS. The rating was maintained by DA Davidson on Friday, August 12 with "Buy". Colorado-based Public Employees Retirement Association Of Colorado has invested 0.03% in Activision Blizzard, Inc. (NASDAQ:ATVI) earned "Buy" rating by Brean Capital on Wednesday, August 5. On Friday, August 7 the stock rating was maintained by Pacific Crest with "Overweight". (NASDAQ:ATVI) has "Buy" rating given on Friday, January 13 by Mizuho. Activision is a developer and publisher of interactive software products and content. Blizzard is engaged in developing and publishing of interactive software products and entertainment content, particularly in PC gaming. (NASDAQ:ATVI) has "Buy" rating given on Wednesday, June 7 by Jefferies.

Globant a digitally native technology services company. The company has market cap of $6.67 billion. The Company's principal operating subsidiary is based in Buenos Aires, Argentina. It has a 20.04 P/E ratio. Its up 0.05, from 0.94 in 2016Q3. 71 funds opened positions while 151 raised stakes. Profit Invest Management Ltd Liability Corp reported 18,901 shares or 2.07% of all its holdings. Marshall Wace Llp owns 409,366 shares for 0.1% of their portfolio. Mitsubishi Ufj Secs Co Ltd holds 120 shares or 0.1% of its portfolio. Another trade for 10,000 shares valued at $1.30M was sold by MCADAM JOHN. Arrow Fin Corp reported 27,550 shares stake. Royal Comml Bank Of Canada reported 0% of its portfolio in Globant SA (NYSE:GLOB). The percentage of shares being held by the company management was 0.8% while institutional stake was 88.3%. Pacad Investment Ltd. now owns 119,447 shares of the company's stock valued at $6,877,000 after acquiring an additional 67,742 shares during the last quarter. Cambridge Advsr accumulated 24,075 shares or 0.02% of the stock.

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