Activision Blizzard (ATVI) Receives Daily Media Sentiment Rating of 0.23
News headlines about Activision Blizzard (NASDAQ:ATVI) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Activision Blizzard earned a news sentiment score of 0.23 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.2127915966605 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have impacted Accern’s scoring:
- Here's How Digital Revenue Has Benefited Take-Two Interactive (finance.yahoo.com)
- Boy Did I Not Deserve My Flawless ‘Destiny 2’ Trials Of The Nine Run (finance.yahoo.com)
- 4 Reasons Activision Blizzard Is a Buy (finance.yahoo.com)
- Why Activision Blizzard, Alphabet, and GlaxoSmithKline Are Stocks to Watch Now (moneymorning.com)
- A Look at Gaming Companies’ Stock Returns (finance.yahoo.com)
Shares of Activision Blizzard (ATVI) opened at 63.90 on Monday. Activision Blizzard has a 12-month low of $35.12 and a 12-month high of $66.58. The firm has a market cap of $48.24 billion, a P/E ratio of 43.15 and a beta of 1.08. The stock’s 50 day moving average price is $63.45 and its 200-day moving average price is $57.13.
Several research analysts have recently issued reports on ATVI shares. Piper Jaffray Companies reaffirmed an “overweight” rating and issued a $69.00 target price on shares of Activision Blizzard in a research note on Friday, September 8th. Goldman Sachs Group, Inc. (The) started coverage on shares of Activision Blizzard in a research note on Friday, September 8th. They issued a “neutral” rating and a $65.00 target price on the stock. KeyCorp reaffirmed a “buy” rating and issued a $74.00 target price on shares of Activision Blizzard in a research note on Friday, September 8th. Morgan Stanley reaffirmed an “overweight” rating and issued a $67.00 target price on shares of Activision Blizzard in a research note on Saturday, July 22nd. Finally, Zacks Investment Research raised shares of Activision Blizzard from a “hold” rating to a “buy” rating and set a $64.00 target price on the stock in a research note on Wednesday, July 5th. Two analysts have rated the stock with a sell rating, two have given a hold rating, twenty-five have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $64.23.
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In other news, Director Brian G. Kelly sold 98,879 shares of the stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $61.87, for a total transaction of $6,117,643.73. Following the completion of the transaction, the director now owns 189,791 shares in the company, valued at approximately $11,742,369.17. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Riccardo Zacconi sold 19,761 shares of the stock in a transaction on Friday, August 18th. The stock was sold at an average price of $61.32, for a total value of $1,211,744.52. Following the transaction, the chief executive officer now owns 48,472 shares of the company’s stock, valued at approximately $2,972,303.04. The disclosure for this sale can be found here. Insiders have sold a total of 4,074,879 shares of company stock valued at $252,196,001 in the last quarter. 2.12% of the stock is owned by corporate insiders.
Activision Blizzard Company Profile
Activision 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.
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