Large Outflow of Money Witnessed in Activision Blizzard Inc

Activision Blizzard Inc (ATVI): The stock had negative money flow to the tune of ($6.81 million) on Tuesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $57.38 million, whereas, the outflow of money on downticks was $64.19 million and the ratio between the two was 0.89. The block trade had a negative net money flow of ($8.93 million). The total block trade value undertaken on upticks was $8.61 million. On the other hand, downticks amounted to $17.54 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.49. Activision Blizzard Inc (ATVI) closed with marginal gains of 46 cents to end the day at $42.66, an increase of 1.09% over the previous days close. The stock recorded 3.32% for the week.


The company Insiders own 25.23% of Activision Blizzard Inc shares according to the proxy statements. Institutional Investors own 70.12% of Activision Blizzard Inc shares. During last six month period, the net percent change held by insiders has seen a change of -34.41%. In an insider trading activity,The officer (Pres. & CEO-Blizzard Ent.) of Activision Blizzard, Inc., Morhaime Michael sold 1,150,000 shares at $38.15 on June 13, 2016. The Insider selling transaction had a total value worth of $43,872,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of Activision Blizzard, Inc. rose by 6.25% in the last five trading days and 12.95% for the last 4 weeks. Activision Blizzard, Inc. is up 27.42% in the last 3-month period. Year-to-Date the stock performance stands at 11.1%.

Activision Blizzard Inc (NASDAQ:ATVI): stock turned positive on Tuesday. Though the stock opened at $42.41, the bulls momentum made the stock top out at $42.75 level for the day. The stock recorded a low of $41.88 and closed the trading day at $42.66, in the green by 1.09%. The total traded volume for the day was 10,545,075. The stock had closed at $42.2 in the previous days trading.

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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