Based on an average trading volume of 8,907,721 shares, the days-to-cover ratio is now 2.6 days.
Advertisement
The stock has received rating from many Reuters analysts.
In related news, insider Stephen G. Wereb sold 71,775 shares of Activision Blizzard stock in a transaction dated Friday, May 20th.
“‘Skylanders Academy’ gives us the opportunity to approach narrative storytelling with the same level of quality and excellence that millions of Skylanders fans have come to expect from the game”, said Activision Blizzard Studios Co-President Stacey Sher. Activision Blizzard presently has an average rating of “Buy” and a consensus price target of $40.43.
A number of large investors have bought and sold shares of the company.
Activision Blizzard, Inc. (NASDAQ:ATVI) now has mean rating of 1.9 while 13 analyst have recommended the shares as “BUY”, 5 commented as “OUTPERFORM” and 2 commented as “HOLD”. Its Pres. & CEO-Blizzard Ent. Morhaime Michael sold 1,150,000 company shares for $43872000.5, in a transaction on 2016-06-14. The shares were sold at an average price of $38.15, for a total transaction of $43,872,500.00. The disclosure for this sale can be found here. “0” brokerage firms have rated the company as a “Hold”. Lone Pine Capital LLC raised its stake in Activision Blizzard by 21.2% in the fourth quarter. (ATVI) is projected as $1.44 Billion where Low Revenue estimate and High Revenue Estimates are $1.38 Billion and $1.6 Billion respectively by 19 analysts.
Activision Blizzard, Inc.’s ROA is now valued at 5.40% * with a ROI value of 9.00% *.
Shares of Activision Blizzard (NASDAQ:ATVI) opened at 40.89 on Thursday. The company has a market cap of $29.70 billion. The firm has a SMA 50 (Simple Moving Average) of $39.83 and a SMA 200-(Simple Moving Average) of $35.60. Activision Blizzard has a 52 week low of $24.04 and a 52 week high of $43.05.
Activision Blizzard, Inc. (ATVI) on June 16, 2016 announced that “Skylanders Academy”, the first production by Activision Blizzard Studios-its newly created television and film studio-will premiere in Fall 2016 on Netflix, the world’s leading internet television network.
The average estimate of EPS for the current financial quarter, company stands at $0.42 while the Earning per share for the current fiscal year is fixed at $1.86 by 19 analysts. During the same period past year, the business posted $0.16 earnings per share. The company’s revenue was up 29.2% compared to the same quarter a year ago. Activision Blizzard, Inc. grasps an EPS value of 1.11 * displaying an EPS growth of 5.90% * for this year. The two-season Netflix partnership is another important step in Activision Blizzard’s strategy of enhancing its franchises and broadening their appeal.
Advertisement
Activision, Inc. (Activision Blizzard) is a worldwide publisher of online, personal computer (PC), console, handheld, and mobile interactive entertainment products. The prevailing figure will allow the investment community to determine the size of Activision Blizzard, Inc.in contrast to the sales or total assets figures.
