Activision Blizzard Company Profile (NASDAQ:ATVI)

About Activision Blizzard (ATVI)

Activision Blizzard logoActivision Blizzard, Inc. is a developer and publisher of interactive entertainment content and services. The Company develops and distributes content and services across various gaming platforms, including video game consoles, personal computers (PC) and mobile devices. Its segments include Activision Publishing, Inc. (Activision), Blizzard Entertainment, Inc. (Blizzard), King Digital Entertainment (King) and Other. 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. King is a mobile entertainment company. It is engaged in other businesses, including The Major League Gaming (MLG) business; The Activision Blizzard Studios (Studios) business, and The Activision Blizzard Distribution (Distribution) business. It also develops products spanning other genres, including action/adventure, role-playing and simulation.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Multimedia & Graphics Software
  • Sub-Industry: Home Entertainment Software
  • Exchange: NASDAQ
  • Symbol: ATVI
  • CUSIP: 00507V10
Key Metrics:
  • Previous Close: $51.36
  • 50 Day Moving Average: $49.39
  • 200 Day Moving Average: $42.81
  • 52-Week Range: $33.55 - $51.66
  • Trailing P/E Ratio: 40.12
  • Foreward P/E Ratio: 21.67
  • P/E Growth: 1.59
  • Market Cap: $38.61B
  • Outstanding Shares: 751,846,000
  • Beta: 1.03
Profitability:
  • Net Margins: 13.86%
  • Return on Equity: 16.70%
  • Return on Assets: 8.34%
Debt:
  • Debt-to-Equity Ratio: 0.54%
  • Current Ratio: 1.82%
  • Quick Ratio: 1.80%

Analyst Ratings

Consensus Ratings for Activision Blizzard (NASDAQ:ATVI) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 17 Buy Ratings
Consensus Rating:Buy (Score: 2.76)
Consensus Price Target: $50.29 (2.08% downside)

Analysts' Ratings History for Activision Blizzard (NASDAQ:ATVI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/26/2017Pacific CrestReiterated RatingOverweight -> Overweight$60.00LowView Rating Details
4/18/2017Jefferies Group LLCReiterated RatingBuy$55.00LowView Rating Details
4/2/2017Robert W. BairdReiterated RatingOutperform$47.00LowView Rating Details
3/27/2017Morgan StanleyBoost Price TargetOverweight$54.00 -> $55.00LowView Rating Details
3/22/2017MacquarieReiterated RatingOutperform$48.00MediumView Rating Details
3/1/2017William BlairInitiated CoverageOutperform$30.37 -> $47.64N/AView Rating Details
2/16/2017Barclays PLCReiterated RatingOverweight$44.00 -> $48.00N/AView Rating Details
2/16/2017MizuhoReiterated RatingBuy$45.00 -> $50.00N/AView Rating Details
2/15/2017ArgusReiterated RatingBuy$53.00N/AView Rating Details
2/14/2017Credit Suisse Group AGReiterated RatingOutperform$48.00 -> $51.00N/AView Rating Details
2/13/2017Hilliard LyonsDowngradeBuy -> UnderperformN/AView Rating Details
2/10/2017Oppenheimer Holdings Inc.Reiterated RatingOutperform$53.00N/AView Rating Details
2/10/2017WedbushReiterated RatingOutperform$53.00N/AView Rating Details
2/10/2017Stifel NicolausReiterated RatingBuy$45.00 -> $53.00N/AView Rating Details
2/3/2017Benchmark Co.Boost Price TargetBuy$50.87 -> $53.90N/AView Rating Details
1/6/2017Cowen and CompanyReiterated RatingOutperform$51.00N/AView Rating Details
11/22/2016BMO Capital MarketsLower Price TargetMarket Perform$42.00 -> $40.00N/AView Rating Details
10/24/2016Piper Jaffray CompaniesReiterated RatingOverweight$51.00N/AView Rating Details
9/6/2016Bank of America CorpReiterated RatingHold$44.00N/AView Rating Details
7/28/2016MKM PartnersDowngradeBuy -> Neutral$40.00 -> $42.00N/AView Rating Details
5/8/2016Sterne Agee CRTReiterated RatingBuyN/AView Rating Details
11/5/2015KeyCorpBoost Price TargetOverweight$30.00 -> $41.00N/AView Rating Details
8/5/2015Brean CapitalReiterated RatingBuy$30.00 -> $32.00N/AView Rating Details
(Data available from 4/27/2015 forward)

Earnings

Earnings History for Activision Blizzard (NASDAQ:ATVI)
Earnings by Quarter for Activision Blizzard (NASDAQ:ATVI)
Earnings History by Quarter for Activision Blizzard (NASDAQ:ATVI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017        
2/9/2017Q416$0.73$0.86$2.39 billion$2.45 billionViewListenView Earnings Details
11/3/2016Q316$0.42$0.49$6.54 billion$1.57 billionViewN/AView Earnings Details
8/4/2016Q216$0.42$0.45$1.44 billion$1.57 billionViewN/AView Earnings Details
5/5/2016Q116$0.12$0.23$812.14 million$908.00 millionViewN/AView Earnings Details
2/11/2016Q415$0.86$0.83$2.20 billion$2.12 billionViewListenView Earnings Details
11/2/2015Q315$0.13$0.18$956.51 million$1.04 billionViewN/AView Earnings Details
8/4/2015Q215$0.08$0.13$666.28 million$759.00 millionViewN/AView Earnings Details
5/6/2015Q115$0.03$0.16$650.47 million$703.00 millionViewN/AView Earnings Details
2/5/2015Q414$0.88$0.94$2.24 billion$2.21 billionViewN/AView Earnings Details
11/4/2014Q314$0.13$0.23$1,000.00 million$1.17 billionViewListenView Earnings Details
8/5/2014Q214$0.02$0.06$607.75 million$658.00 millionViewN/AView Earnings Details
5/6/2014Q114$0.10$0.19$688.23 million$772.00 millionViewN/AView Earnings Details
11/6/2013Q313$0.03$0.08$589.43 million$657.00 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.07$0.08$605.21 million$608.00 millionViewN/AView Earnings Details
5/8/2013Q1 2013$0.11$0.17$705.04 million$804.00 millionViewN/AView Earnings Details
2/7/2013Q4 2012$0.72$0.78$2.44 billion$2.60 billionViewN/AView Earnings Details
11/7/2012Q312$0.08$0.15$710.20 million$751.00 millionViewN/AView Earnings Details
8/2/2012$0.12$0.20ViewN/AView Earnings Details
5/9/2012$0.04$0.06ViewN/AView Earnings Details
2/9/2012$0.56$0.62ViewN/AView Earnings Details
11/8/2011$0.02$0.07ViewN/AView Earnings Details
8/3/2011$0.05$0.10ViewN/AView Earnings Details
5/9/2011$0.08$0.13ViewN/AView Earnings Details
2/9/2011$0.51$0.53ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Activision Blizzard (NASDAQ:ATVI)
2017 EPS Consensus Estimate: $1.68
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.14$0.14$0.14
Q2 20171$0.22$0.22$0.22
Q3 20171$0.44$0.44$0.44
Q4 20171$0.88$0.88$0.88
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Activision Blizzard (NASDAQ:ATVI)
Most Recent Dividend:5/11/2016
Annual Dividend:$0.26
Dividend Yield:0.51%
Payout Ratio:21.49% (Trailing 12 Months of Earnings)
13.33% (Based on This Year's Estimates)
10.97% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Activision Blizzard (NASDAQ:ATVI)

Dividend History by Quarter for Activision Blizzard (NASDAQ:ATVI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/11/2016quarterly$0.260.88%3/28/20163/30/20165/11/2016
2/5/2015quarterly$0.231.04%3/26/20153/30/20155/13/2015
2/7/2014annual$0.201.02%3/17/20143/19/20145/14/2014
2/6/2014quarterly$0.203/19/20145/14/2014
2/8/2013annual$0.191.42%3/18/20133/20/20135/15/2013
2/7/2013quarterly$0.193/20/20135/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Activision Blizzard (NASDAQ:ATVI)
Insider Ownership Percentage: 25.23%
Institutional Ownership Percentage: 86.29%
Insider Trades by Quarter for Activision Blizzard (NASDAQ:ATVI)
Institutional Ownership by Quarter for Activision Blizzard (NASDAQ:ATVI)
Insider Trades by Quarter for Activision Blizzard (NASDAQ:ATVI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/28/2017Brian G. KellyDirectorSell420,063$49.90$20,961,143.70View SEC Filing  
2/21/2017Riccardo ZacconiCEOSell19,761$45.41$897,347.01View SEC Filing  
2/17/2017Michael MorhaimeCEOSell250,000$45.22$11,305,000.00View SEC Filing  
2/14/2017Brian G KellyDirectorSell5,037,998$45.67$230,085,368.66View SEC Filing  
2/13/2017Robert J MorgadoDirectorSell242,843$45.72$11,102,781.96View SEC Filing  
11/17/2016Riccardo ZacconiCEOSell19,761$40.09$792,218.49View SEC Filing  
9/14/2016Robert J. MorgadoDirectorSell29,999$43.60$1,307,956.40View SEC Filing  
9/14/2016Thomas TipplCOOSell75,000$43.76$3,282,000.00View SEC Filing  
9/2/2016Christopher B WaltherInsiderSell45,574$42.73$1,947,377.02View SEC Filing  
8/30/2016Dennis M DurkinCFOSell119,937$41.33$4,956,996.21View SEC Filing  
8/17/2016Riccardo ZacconiCEOSell19,761$39.63$783,128.43View SEC Filing  
8/16/2016Peter J. NolanDirectorBuy20,000$39.79$795,800.00View SEC Filing  
8/15/2016Brian G KellyDirectorSell386,927$40.51$15,674,412.77View SEC Filing  
8/15/2016Robert A KotickCEOSell4,588,775$40.51$185,891,275.25View SEC Filing  
8/15/2016Thomas TipplCOOSell44,427$41.83$1,858,381.41View SEC Filing  
8/8/2016Riccardo ZacconiCEOSell19,761$40.65$803,284.65View SEC Filing  
6/14/2016Michael MorhaimeCEOSell1,150,000$38.15$43,872,500.00View SEC Filing  
6/13/2016Michael MorhaimeCEOSell163,400$37.77$6,171,618.00View SEC Filing  
5/20/2016Stephen G WerebInsiderSell71,775$37.56$2,695,869.00View SEC Filing  
5/16/2016Thomas TipplCOOSell300,000$39.08$11,724,000.00View SEC Filing  
3/14/2016Eric HirshbergCEOSell168,699$32.49$5,481,030.51View SEC Filing  
3/8/2016Stephen G WerebInsiderSell49,453$30.95$1,530,570.35View SEC Filing  
2/25/2016Christopher B WaltherInsiderSell74,121$32.15$2,382,990.15View SEC Filing  
8/12/2014Humam SakhniniInsiderSell394,280$22.88$9,021,126.40View SEC Filing  
5/8/2014Brian HodousInsiderSell29,624$20.76$614,994.24View SEC Filing  
2/21/2014Thomas TipplCOOSell191,170$19.81$3,787,077.70View SEC Filing  
2/19/2014Thomas TipplCOOSell52,372$19.80$1,036,965.60View SEC Filing  
9/10/2013Eric HirshbergCEOSell66,400$17.20$1,142,080.00View SEC Filing  
9/6/2013Eric HirshbergCEOSell43,768$17.22$753,684.96View SEC Filing  
8/15/2013Christopher WaltherInsiderSell200,000$17.23$3,446,000.00View SEC Filing  
8/14/2013Brian HodousInsiderSell50,000$17.45$872,500.00View SEC Filing  
8/13/2013Thomas TipplCOOSell1,318,747$17.27$22,774,760.69View SEC Filing  
8/12/2013Eric HirshbergCEOSell62,564$17.16$1,073,598.24View SEC Filing  
8/7/2013Stephen WerebInsiderSell185,876$17.53$3,258,406.28View SEC Filing  
8/6/2013Thomas TipplCOOSell273,507$17.77$4,860,219.39View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Activision Blizzard (NASDAQ:ATVI)
Latest Headlines for Activision Blizzard (NASDAQ:ATVI)
Source:
DateHeadline
finance.yahoo.com logoIt's Time To Build That Wall Between PvP And PvE For 'Destiny 2'
finance.yahoo.com - April 26 at 4:02 PM
finance.yahoo.com logoCould Digital Revenues Keep Rising for EA and Activision?
finance.yahoo.com - April 26 at 4:02 PM
finance.yahoo.com logoThere Is More to Activision Blizzard's King Acquisition Than Meets the Eye
finance.yahoo.com - April 26 at 4:02 PM
finance.yahoo.com logoCall of Duty: WWII Delivers Gripping Action on Global Scale
finance.yahoo.com - April 26 at 4:02 PM
finance.yahoo.com logoGamers Like The New 'Call Of Duty: World War II' Trailer A Lot More Than 'Infinite Warfare'
finance.yahoo.com - April 26 at 4:02 PM
finance.yahoo.com logoHere's your first look at the newest 'Call of Duty' game, set during World War II
finance.yahoo.com - April 26 at 4:02 PM
fool.com logoThere Is More to Activision Blizzard's King Acquisition Than Meets the Eye
www.fool.com - April 26 at 1:01 PM
finance.yahoo.com logoWhat Analysts Can Expect from Activision’s 1Q17 Earnings
finance.yahoo.com - April 26 at 10:20 AM
finance.yahoo.com logo'Call Of Duty: WWII' Reveal Coming Tomorrow
finance.yahoo.com - April 25 at 3:40 PM
americanbankingnews.com logoSomewhat Negative Press Coverage Very Likely to Impact Activision Blizzard (ATVI) Share Price
www.americanbankingnews.com - April 24 at 2:38 PM
finance.yahoo.com logoWith BrashGames Nuked From Orbit, Should You Ever Write For Sites For Free?
finance.yahoo.com - April 24 at 10:24 AM
finance.yahoo.com logo‘Call of Duty: WWII’ is the next ‘Call of Duty’ game
finance.yahoo.com - April 23 at 3:52 PM
finance.yahoo.com logoIt's Time For 'Call of Duty: Modern Warfare Remastered' To Be Free From 'Infinite Warfare'
finance.yahoo.com - April 23 at 3:52 PM
fool.com logoWatch for This Number When Activision Blizzard Reports Earnings
www.fool.com - April 23 at 3:05 PM
reuters.com logoBRIEF-Activision Blizzard CEO's 2016 compensation was $33.1 mln
www.reuters.com - April 21 at 8:48 PM
seekingalpha.com logoGame On: Activision Blizzard On The Rise - Seeking Alpha
seekingalpha.com - April 21 at 3:47 PM
finance.yahoo.com logo'Heroes Of The Storm' Is Giving Away 20 Champions For Free For Its Grand 2.0 Relaunch
finance.yahoo.com - April 21 at 3:47 PM
finance.yahoo.com logoGameStop Receives Marketing Material Possibly Linked to 'Call of Duty' Series
finance.yahoo.com - April 21 at 3:47 PM
finance.yahoo.com logoFirst Ever Call of Duty World League’s (CWL) Global Pro League Presented by PlayStation® 4, Kicks Off Tomorrow in Columbus, OH
finance.yahoo.com - April 20 at 3:48 PM
americanbankingnews.com logoActivision Blizzard, Inc. (ATVI) Expected to Post Quarterly Sales of $1.09 Billion
www.americanbankingnews.com - April 20 at 10:01 AM
seekingalpha.com logoActivision Blizzard: The Fun Continues - Seeking Alpha
seekingalpha.com - April 19 at 9:07 PM
finance.yahoo.com logoActivision Blizzard Reaches Next Level With IBD Rating Upgrade
finance.yahoo.com - April 19 at 4:02 PM
finance.yahoo.com logoActivision Has Learned A Lesson From Candy Crush
finance.yahoo.com - April 19 at 9:45 AM
americanbankingnews.com logo$0.16 Earnings Per Share Expected for Activision Blizzard, Inc. (ATVI) This Quarter
www.americanbankingnews.com - April 19 at 12:14 AM
finance.yahoo.com logoCall of Duty: Infinite Warfare Continuum DLC Available Now, First on PlayStation®4
finance.yahoo.com - April 18 at 3:38 PM
americanbankingnews.com logoFavorable Media Coverage Likely to Affect Activision Blizzard (ATVI) Stock Price
www.americanbankingnews.com - April 18 at 12:16 PM
americanbankingnews.com logoActivision Blizzard, Inc. (ATVI) Upgraded to "Buy" by Vetr Inc.
www.americanbankingnews.com - April 18 at 12:23 AM
americanbankingnews.com logoActivision Blizzard, Inc. (ATVI) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - April 17 at 8:39 PM
finance.yahoo.com logoAnalysts Optimistic on Activision's Call of Duty
finance.yahoo.com - April 17 at 9:56 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Very Likely to Effect Activision Blizzard (ATVI) Stock Price
www.americanbankingnews.com - April 15 at 10:55 AM
finance.yahoo.com logoIt Costs $400 For A Full Un'goro Expansion Card Set In 'Hearthstone'
finance.yahoo.com - April 14 at 4:25 PM
finance.yahoo.com logoKing And Moschino Partner To Launch Sweet Candy Crush Capsule Collection
finance.yahoo.com - April 14 at 11:20 AM
americanbankingnews.com logoActivision Blizzard, Inc. (ATVI) Short Interest Down 21.7% in March
www.americanbankingnews.com - April 14 at 7:34 AM
finance.yahoo.com logoActivision Has Big Plans for Call of Duty
finance.yahoo.com - April 13 at 3:54 PM
finance.yahoo.com logo4 Ways to Invest in Video Games Right Now
finance.yahoo.com - April 13 at 3:54 PM
finance.yahoo.com logoActivision Blizzard to Release First Quarter 2017 Financial Results on May 4, 2017
finance.yahoo.com - April 11 at 9:02 PM
finance.yahoo.com logoWhy Activision Blizzard, Inc. Stock Popped 10.5% in March
finance.yahoo.com - April 11 at 9:02 PM
finance.yahoo.com logo'Hearthstone' Should Dump 50 Free Un'goro Packs On Every Player (Seriously)
finance.yahoo.com - April 11 at 3:43 PM
finance.yahoo.com logo'Overwatch' On The Nintendo Switch Seems Unlikely Due To Performance Issues
finance.yahoo.com - April 11 at 3:43 PM
finance.yahoo.com logoI Opened 100 'Overwatch: Uprising' Loot Boxes And This Is What I Got
finance.yahoo.com - April 11 at 3:43 PM
finance.yahoo.com logoActivision Blizzard, Inc. : ATVI-US: Dividend Analysis : March 30th, 2017 (record date) : By the numbers : April 10, 2017
finance.yahoo.com - April 10 at 3:43 PM
finance.yahoo.com logoOverwatch's 'King Row Uprising' Trailer Leaks, Shows Off The Best Skins Yet
finance.yahoo.com - April 10 at 3:43 PM
finance.yahoo.com logo'Overwatch' Leak Shows Off New Skins For This Week's 'Omnic Uprising' Event
finance.yahoo.com - April 9 at 3:40 PM
finance.yahoo.com logoFive Mavericks Just Won College Tuition at Heroes of the Dorm®
finance.yahoo.com - April 9 at 9:35 AM
finance.yahoo.com logoRating Hearthstone's New Legendary Quests From Useless To Flat-Out Broken
finance.yahoo.com - April 7 at 3:42 PM
finance.yahoo.com logoHere's Why You Should Buy Take-Two Interactive Right Now
finance.yahoo.com - April 7 at 3:42 PM
finance.yahoo.com logo[$$] New 'Call of Duty' Game Will Come From House of 'Candy Crush'
finance.yahoo.com - April 7 at 3:42 PM
finance.yahoo.com logo5 stocks that can outperform the Street's Q2 jitters
finance.yahoo.com - April 7 at 8:12 AM
finance.yahoo.com logo'Overwatch' Is Teasing A New Mystery That Almost Certainly Isn't A Hero Reveal
finance.yahoo.com - April 7 at 8:12 AM
finance.yahoo.com logoI'm Done With Both 'Destiny' And 'The Division' Now, But For Different Reasons
finance.yahoo.com - April 7 at 8:12 AM

Social

Frequently Asked Questions for Activision Blizzard (NASDAQ:ATVI)

What is Activision Blizzard's stock symbol?

Activision Blizzard trades on the NASDAQ under the ticker symbol "ATVI."

How will Activision Blizzard's stock buyback program work?

Activision Blizzard declared that its Board of Directors has authorized a share repurchase program on Tuesday, April 11th 2017, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 3.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's leadership believes its shares are undervalued.

How were Activision Blizzard's earnings last quarter?

Activision Blizzard, Inc. (NASDAQ:ATVI) announced its quarterly earnings results on Thursday, February, 9th. The company reported $0.86 earnings per share for the quarter, topping analysts' consensus estimates of $0.73 by $0.13. The business had revenue of $2.45 billion for the quarter, compared to analysts' expectations of $2.39 billion. Activision Blizzard had a net margin of 13.86% and a return on equity of 16.70%. The business's revenue was up 81.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.83 EPS.

When will Activision Blizzard make its next earnings announcement?

Activision Blizzard is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.

What guidance has Activision Blizzard issued on next quarter's earnings?

Activision Blizzard updated its FY16 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $1.83 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.88. The company issued revenue guidance of $6.40 billion, compared to the consensus revenue estimate of $6.39 billion.Activision Blizzard also updated its Q3 guidance to $0.39 EPS.

Where is Activision Blizzard's stock going? Where will Activision Blizzard's stock price be in 2017?

21 equities research analysts have issued twelve-month target prices for Activision Blizzard's shares. Their predictions range from $40.00 to $60.00. On average, they expect Activision Blizzard's share price to reach $50.29 in the next year.

What are analysts saying about Activision Blizzard stock?

Here are some recent quotes from research analysts about Activision Blizzard stock:

  • 1. Macquarie analysts commented, "Investor interest in eSports is rapidly building and we expect near-term newsflow from ATVI about the sale of teams for its coming Overwatch League to drive significantly more investor attention to the eSports theme... A crucial component to the success of the Overwatch League will be its viewership. As a game, Overwatch has been a tremendous success for ATVI, reaching 25mm registered players and a significant portion of Blizzard's $2.4B revenue. But as an eSport, though off to a solid start, Overwatch is still very much the newcomer among the top eSports games on the planet. On Twitch.TV (the leading eSports streaming site), Overwatch has consistently ranked the #5 most-viewed eSport behind League of Legends, Counter-Strike, Dota 2, and Hearthstone, and is averaging around 30K concurrent viewers compared to League of Legend's leading 130K. Overwatch does often drop below #5 on the charts, but this is almost always due to new game releases that only impact the rankings on their opening week." (3/22/2017)
  • 2. Argus analysts commented, "Overwatch" and King Digital’s "Candy Crush." (2/15/2017)
  • 3. According to Zacks Investment Research, "Activision reported fourth quarter results wherein both adjusted earnings and revenues beat the Zacks Consensus Estimate. However, management provided a subdued outlook for 2017 underscoring a “lighter slate” of releases in the year. Nonetheless, we believe the company’s enviable product portfolio that includes the likes of Call of Duty and World of Warcraft along with increasing digital revenues will continue to drive growth. Moreover, the company will continue to benefit from acquisition of King Digital. The company’s attempts to become a broad-based media company are prudent in our view. Apart from launching a movie studio and consumer products division, the company is also strengthening its presence in the lucrative e-sports market. Over the past one year, share prices have outperformed the Zacks categorized Toys/Games/Hobby Prod industry. " (2/15/2017)
  • 4. Stifel Nicolaus analysts commented, "This past week, Activision Blizzard reported better-than-expected 4Q results, with non-GAAP EPS of $0.92 (vs. $0.83) which came in ahead of our $0.73 estimate, and consensus and guidance (implied) at $0.74. The company was able to overcome a disappointing Call of Duty: Infinite Warfare release, through a combination of digital momentum (+94%) and contributions from other franchises (i.e., Overwatch + World of Warcraft). And we thought management's preliminary guidance for '17 was in line/slightly better vs. what we had perceived to be a very wide range of expectations. Near-term, earnings may need to catch up with the share price, in our opinion. But looking further ahead, we think the stock can continue to work higher in anticipation of a 2H17 recovery for Activision Publishing + stronger line-up for '18, and thus we remain Buy-rated on ATVI." (2/10/2017)
  • 5. Mizuho analysts commented, "A|B posted strong 4Q results with non-GAAP EPS of $0.92 coming in $0.19 ahead of Street expectations. In our view, this quarter highlighted the strength of the company's portfolio of games, which dramatically offset disappointing sales of this year's Call of Duty title. The company also provided guidance for 2017, with EPS expectations materially below consensus, but in line with our estimate. We believe investors were already there with us, and viewed the outcome as a positive catalyst. The company tends to be conservative with its guidance at the start of the year and we see upside potential throughout the year." (2/10/2017)

Are investors shorting Activision Blizzard?

Activision Blizzard saw a decline in short interest in April. As of April 13th, there was short interest totalling 13,527,263 shares, a decline of 9.7% from the March 31st total of 14,981,667 shares. Based on an average daily trading volume, of 4,239,999 shares, the days-to-cover ratio is currently 3.2 days. Currently, 1.9% of the shares of the stock are sold short.

Who owns Activision Blizzard stock?

Activision Blizzard's stock is owned by a number of of retail and institutional investors. Top institutional investors include State of New Jersey Common Pension Fund D (0.21%), Strs Ohio (0.15%), Korea Investment CORP (0.12%), Rathbone Brothers plc (0.11%), Chevy Chase Trust Holdings Inc. (0.08%) and Gateway Investment Advisers LLC (0.07%). Company insiders that own Activision Blizzard stock include Brian G Kelly, Christopher B Walther, Dennis M Durkin, Eric Hirshberg, Michael Morhaime, Peter J Nolan, Riccardo Zacconi, Robert A Kotick, Robert J Morgado, Stephen G Wereb and Thomas Tippl.

Who sold Activision Blizzard stock? Who is selling Activision Blizzard stock?

Activision Blizzard's stock was sold by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, DnB Asset Management AS, Peregrine Capital Management LLC, Nationwide Fund Advisors, Centre Asset Management LLC, Livforsakringsbolaget Skandia Omsesidigt, IFP Advisors Inc and Russell Investments Group Ltd.. Company insiders that have sold Activision Blizzard stock in the last year include Brian G Kelly, Christopher B Walther, Dennis M Durkin, Michael Morhaime, Riccardo Zacconi, Robert A Kotick, Robert J Morgado, Stephen G Wereb and Thomas Tippl.

Who bought Activision Blizzard stock? Who is buying Activision Blizzard stock?

Activision Blizzard's stock was purchased by a variety of institutional investors in the last quarter, including Barometer Capital Management Inc., Candriam Luxembourg S.C.A., Waverton Investment Management Ltd, National Pension Service, Quantitative Systematic Strategies LLC, Chevy Chase Trust Holdings Inc., Nisa Investment Advisors LLC and Rathbone Brothers plc.

How do I buy Activision Blizzard stock?

Shares of Activision Blizzard can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Activision Blizzard stock cost?

One share of Activision Blizzard stock can currently be purchased for approximately $51.36.

Activision Blizzard (ATVI) Chart for Thursday, April, 27, 2017

This page was last updated on 4/27/2017 by MarketBeat.com Staff