Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in Activision Blizzard, Inc (NASDAQ:ATVI) by 2.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 115,095 shares of the company’s stock after buying an additional 2,828 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Activision Blizzard were worth $6,626,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Guardian Life Insurance Co. of America increased its position in Activision Blizzard by 1.9% in the first quarter. Guardian Life Insurance Co. of America now owns 2,671 shares of the company’s stock worth $133,000 after buying an additional 51 shares during the period. Shine Investment Advisory Services Inc. purchased a new position in Activision Blizzard during the second quarter worth $142,000. Huntington National Bank increased its position in Activision Blizzard by 122.6% in the second quarter. Huntington National Bank now owns 2,480 shares of the company’s stock worth $143,000 after buying an additional 1,366 shares during the period. Benjamin F. Edwards & Company Inc. increased its position in Activision Blizzard by 504.6% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 3,023 shares of the company’s stock worth $151,000 after buying an additional 2,523 shares during the period. Finally, Stratos Wealth Partners LTD. purchased a new position in Activision Blizzard during the first quarter worth $202,000. Hedge funds and other institutional investors own 87.37% of the company’s stock.

Activision Blizzard, Inc (ATVI) opened at 60.21 on Friday. The company has a 50-day moving average price of $60.31 and a 200-day moving average price of $52.86. The company has a market capitalization of $45.45 billion, a PE ratio of 40.65 and a beta of 1.07. Activision Blizzard, Inc has a one year low of $35.12 and a one year high of $64.06.

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ATVI has been the topic of a number of research analyst reports. Wedbush set a $63.00 target price on Activision Blizzard and gave the stock a “buy” rating in a report on Saturday, May 6th. Jefferies Group LLC reiterated a “buy” rating and set a $55.00 target price on shares of Activision Blizzard in a report on Tuesday, April 18th. Vetr upgraded Activision Blizzard from a “hold” rating to a “buy” rating and set a $50.88 target price on the stock in a report on Monday, April 17th. Stifel Nicolaus reiterated a “buy” rating and set a $59.00 target price (up previously from $53.00) on shares of Activision Blizzard in a report on Tuesday, May 2nd. Finally, Benchmark Co. reiterated a “buy” rating and set a $57.88 target price (up previously from $53.96) on shares of Activision Blizzard in a report on Monday, May 1st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty-three have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $62.36.

In related news, Director Brian G. Kelly sold 3,685,000 shares of the business’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $61.93, for a total transaction of $228,212,050.00. Following the completion of the transaction, the director now directly owns 189,791 shares in the company, valued at $11,753,756.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Brian G. Kelly sold 111,239 shares of the business’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $62.44, for a total transaction of $6,945,763.16. Following the transaction, the director now owns 189,791 shares of the company’s stock, valued at $11,850,550.04. The disclosure for this sale can be found here. Insiders have sold 3,914,879 shares of company stock valued at $242,371,204 over the last 90 days. 2.12% of the stock is currently owned by insiders.

About Activision Blizzard

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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Institutional Ownership by Quarter for Activision Blizzard (NASDAQ:ATVI)

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