Activision Blizzard, Inc. is a holding American video game based in Santa Monica, California, founded in July 2008 through the merger of Activision, Inc. (the publicly traded parent company of Activision Publishing ) and from Vivendi Games.
It is traded on the stock exchange Nasdaq under the symbol ATVI, and since 2015 he is a member of the S&P 500 Index. Activision Blizzard currently includes five business units: Activision Publishing, Blizzard Entertainment,King , Major League Gaming, e Activision Blizzard Studios.
Columbia Trust Co 01012016 has purchased a new stake in Activision Blizzard, Inc. ( NASDAQ:ATVI) during the 1st quarter, informs the HoldingsChannel. The company purchased 4.095 shares of the company, valued at approximately $324.000.
Activision Blizzard sells shares to Columbia Trust
According to the news, the Jesse Yang sold 10.812 shares of the company in a transaction that took place on Thursday, May 5th. The stock sold at an average price of $78,68, for a total transaction of $850.688,16.
After the sale, the chief accounting officer now directly owns 62.272 shares of the company, valued at approximately $4.899.560,96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 0,77% of the shares are owned by corporate insiders.
Several brokers have recently commented on ATVI. Jefferies Financial Group reaffirmed a “buy” rating and set a $95,00 price target for Activision Blizzard shares in a report on Wednesday, April 27.
stocknews.com began coverage of Activision Blizzard in a research report on Thursday, March 31. They issued a “hold” rating for the company. Eighteen stock research analysts rated the stock a hold rating and eight issued a buy rating for the stock.
Activision Blizzard Rating Currently
Based on MarketBeat data, Activision Blizzard currently has an average rating of “Hold” and a consensus target price of $95,18.
The actions of NASDAQ:ATVI opened at $77,94 on Monday. The trade has a 50-day simple moving average of $77,31 and a two-hundred-day simple moving average of $76,14.
The company has a market cap of $60,94 billion, a price-earnings ratio of 24,66, a price-earnings-growth ratio of 2,16 and a beta of 0,55. Activision Blizzard, Inc. has a fifty-two week minimum of $56,40 and a fifty-two week maximum of $96,15.
The company has a debt ratio of 0,20, an immediate liquidity ratio of 5,45 and a current ratio of 5,45.
Activision Blizzard ( NASDAQ:ATVI) Last published its quarterly results on Monday, April 25. The company reported earnings of $0,28 per share for the quarter, missing the consensus estimate of $0,67 per share ($0,39).
Activision Blizzard had a return on equity of 12,70% and a net margin of 29,82%. The business had revenue of $1,77 billion during the quarter, compared to a consensus estimate of $1,80 billion.
During the same quarter a year earlier, the company earned $0,69 per share. The company's revenue for the quarter was down 22,3% compared to the same quarter last year. As a group, research analysts predict that Activision Blizzard, Inc. will report 2,49 earnings per share for the current year.
Distribution of shares
Several other large investors have also recently increased or reduced their holdings of stocks. Pinnacle Bankcorp Inc. increased its holdings of Activision Blizzard stock by 25,2% during Q1.
Pinnacle Bankcorp Inc. now owns 2.451 shares of the company valued at $196.000 after buying an additional 493 shares last quarter. Rosenberg Matthew Hamilton increased his holdings of Activision Blizzard stock by 11,7% during Q1.
Rosenberg Matthew Hamilton now owns 3.182 shares of the company valued at $255.000 after buying an additional 333 shares in the last quarter. Value Partners Investments Inc. increased its holdings of Activision Blizzard stock by 418,3% during Q1.
Value Partners Investments Inc. now owns 53.720 shares of the company valued at $4.306, 000 after buying another 43.356 shares in the last quarter. Glassman Wealth Services increased its holdings of Activision Blizzard stock by 117,1% during Q1.
Glassman Wealth Services now owns 736 shares of the company valued at $59.000 after purchasing an additional 397 shares last quarter. Finally, Capital Investment Advisors LLC purchased a new equity stake in Activision Blizzard during Q1 valued at $217.000.
Institutional investors and hedge funds own 83,11% of the company's shares. Capital Investment Advisors LLC purchased a new equity stake in Activision Blizzard during Q1 valued at $217.000. Institutional investors and hedge funds own 83,11% of the company's shares.
Capital Investment Advisors LLC purchased a new equity stake in Activision Blizzard during Q1 valued at $217.000. Institutional investors and hedge funds own 83,11% of the company's shares.