Activision Blizzard INC (ATVI) Shareholder Columbia Partners LLC Investment Management Trimmed Its Position as Market Valuation Rose

April 21, 2018 - By Kurt Siggers

Activision Blizzard, Inc. (NASDAQ:ATVI) LogoInvestors sentiment decreased to 1.18 in Q4 2017. Its down 0.20, from 1.38 in 2017Q3. It fall, as 51 investors sold ATVI shares while 225 reduced holdings. 92 funds opened positions while 233 raised stakes. 631.75 million shares or 1.26% less from 639.82 million shares in 2017Q3 were reported. Intrust Bankshares Na reported 3,436 shares stake. Chevy Chase Tru Inc holds 0.18% or 657,174 shares. Exane Derivatives reported 3,040 shares. Bluestein R H And Co accumulated 19,130 shares or 0.06% of the stock. Kingfisher Ltd Liability Corporation stated it has 31,695 shares. Adirondack Tru owns 0.09% invested in Activision Blizzard, Inc. (NASDAQ:ATVI) for 2,010 shares. Deutsche Savings Bank Ag has 0.09% invested in Activision Blizzard, Inc. (NASDAQ:ATVI) for 2.19M shares. Kansas-based First National Bank Of Hutchinson has invested 0.37% in Activision Blizzard, Inc. (NASDAQ:ATVI). Glg owns 38,303 shares. First Citizens Bank & Tru holds 0.19% or 21,897 shares. Gam Ag, Switzerland-based fund reported 168,540 shares. Nelson Van Denburg And Campbell Wealth Gp Limited Liability stated it has 83 shares. Lenox Wealth Advsrs Inc owns 68 shares or 0% of their US portfolio. Brown Brothers Harriman And holds 0% or 93 shares in its portfolio. The Ontario – Canada-based Scotia Cap Incorporated has invested 0.01% in Activision Blizzard, Inc. (NASDAQ:ATVI).

Since February 16, 2018, it had 0 buys, and 7 selling transactions for $157.83 million activity. The insider KELLY BRIAN G sold 1.70 million shares worth $120.10M. Durkin Dennis M sold 71,488 shares worth $5.41M. Shares for $1.42M were sold by MORGADO ROBERT J. The insider ZACCONI RICCARDO sold 19,761 shares worth $1.40M. 205,875 Activision Blizzard, Inc. (NASDAQ:ATVI) shares with value of $14.62M were sold by Morhaime Michael. Another trade for 120,521 shares valued at $8.72M was made by Wereb Stephen G on Thursday, March 1.

Columbia Partners Llc Investment Management decreased its stake in Activision Blizzard Inc (ATVI) by 40.75% based on its latest 2017Q4 regulatory filing with the SEC. Columbia Partners Llc Investment Management sold 50,477 shares as the company’s stock rose 2.76% while stock markets declined. The institutional investor held 73,390 shares of the technology company at the end of 2017Q4, valued at $4.65 million, down from 123,867 at the end of the previous reported quarter. Columbia Partners Llc Investment Management who had been investing in Activision Blizzard Inc for a number of months, seems to be less bullish one the $50.30 billion market cap company. The stock decreased 2.04% or $1.38 during the last trading session, reaching $66.3. About 4.17 million shares traded. Activision Blizzard, Inc. (NASDAQ:ATVI) has risen 34.46% since April 21, 2017 and is uptrending. It has outperformed by 22.91% the S&P500.

Analysts await Activision Blizzard, Inc. (NASDAQ:ATVI) to report earnings on May, 3 after the close. They expect $0.30 EPS, up 11.11 % or $0.03 from last year’s $0.27 per share. ATVI’s profit will be $227.59M for 55.25 P/E if the $0.30 EPS becomes a reality. After $0.88 actual EPS reported by Activision Blizzard, Inc. for the previous quarter, Wall Street now forecasts -65.91 % negative EPS growth.

Activision Blizzard, Inc. (NASDAQ:ATVI) Ratings Coverage

Among 20 analysts covering Activision Blizzard (NASDAQ:ATVI), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Activision Blizzard had 26 analyst reports since October 27, 2017 according to SRatingsIntel. The stock has “Overweight” rating by Morgan Stanley on Friday, November 3. Piper Jaffray maintained Activision Blizzard, Inc. (NASDAQ:ATVI) rating on Friday, February 9. Piper Jaffray has “Buy” rating and $75.0 target. The firm earned “Buy” rating on Monday, January 22 by Piper Jaffray. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) has “Outperform” rating given on Friday, February 9 by Credit Suisse. The firm earned “Buy” rating on Friday, November 3 by UBS. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) earned “Buy” rating by Goldman Sachs on Tuesday, December 12. The company was maintained on Thursday, February 1 by Stifel Nicolaus. Piper Jaffray maintained it with “Buy” rating and $70.0 target in Friday, November 3 report. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) earned “Buy” rating by Oppenheimer on Thursday, February 8. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Friday, February 9 report.

Activision Blizzard, Inc. (NASDAQ:ATVI) Ratings Chart

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