Large Inflow of Money Witnessed in Activision Blizzard Inc

Activision Blizzard Inc (NASDAQ:ATVI) traded negative at $38.66. On an intraday basis, the price dropped -0.03 points or -0.08%. The composite uptick value was $44.57 million while the combined downtick value was $28.66. The net money flow was $15.91 million while the up/down ratio was not very comforting at 1.56. The shares on a weekly note has seen a change in share price of 1.52%.According to the trading data, the shares saw a block trade with $21.97 million in upticks and $2.73 million in downticks. The up/down ratio for the block was calculated to be 8.05. The net money flow for the block trade was 19.24.


The stock has recorded a 20-day Moving Average of 0.54% and the 50-Day Moving Average is 4.88%. The company shares have rallied 52.2% in the past 52 Weeks. On May 27, 2016 The shares registered one year high of $39.99 and one year low was seen on August 24, 2015 at $24.04. The 50-day moving average is $37.8 and the 200 day moving average is recorded at $35.18. S&P 500 has rallied 1.93% during the last 52-weeks.

Activision Blizzard Inc (NASDAQ:ATVI): The stock opened at $38.75 on Tuesday but the bulls could not build on the opening and the stock topped out at $39.23 for the day. The stock traded down to $38.56 during the day, due to lack of any buying support eventually closed down at $38.66 with a loss of -0.08% for the day. The stock had closed at $38.69 on the previous day. The total traded volume was 7,156,128 shares.

Currently the company Insiders own 25.23% of Activision Blizzard Inc shares according to the proxy statements. Institutional Investors own 70.36% of Activision Blizzard Inc shares. During last six month period, the net percent change held by insiders has seen a change of -34.41%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Morhaime Michael, officer (Pres. & CEO-Blizzard Ent.) of Activision Blizzard, Inc., had unloaded 1,150,000 shares at an average price of $38.15 in a transaction dated on June 13, 2016. The total value of the transaction was worth $43,872,500.

Activision Blizzard, Inc. is a developer and publisher of online, personal computer (PC), video game console, handheld, mobile and tablet games. The Company offers games that operate on the Microsoft Corporation (Microsoft) Xbox One (Xbox One) and Xbox 360 (Xbox 360), Nintendo Co. Ltd. (Nintendo) Wii U (Wii U) and Wii (Wii), and Sony Computer Entertainment Inc. (Sony) PlayStation 4 (PS4) and PlayStation 3 (PS3) console systems. The Company also develops products spanning other genres, including first-person action, action/adventure, role-playing, simulation and strategy. It distributes interactive entertainment hardware and software products in Europe through its European distribution subsidiaries: Centresoft in the United Kingdom and NBG in Germany. The Companys operating segments include Activision Publishing, Inc. and its subsidiaries, Blizzard Entertainment, Inc. and its subsidiaries, and Activision Blizzard Distribution.

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