Activision Blizzard (NASDAQ:ATVI) price target lowered to $50.00 by Needham & Company LLC

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Analyst Ratings For Activision Blizzard (NASDAQ:ATVI)

Today, Needham & Company LLC lowered its price target on Activision Blizzard (NASDAQ:ATVI) to $50.00 per share.

There are 20 Buy Ratings, 7 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Activision Blizzard (NASDAQ:ATVI) is Buy with a consensus target price of $63.3426 per share, a potential 52.01% upside.

Some recent analyst ratings include

  • 2/13/2019-Activision Blizzard (NASDAQ:ATVI) had its Buy rating reiterated by Wedbush with a $56.00 price target
  • 2/4/2019-Activision Blizzard (NASDAQ:ATVI) had its Buy rating reiterated by Credit Suisse Group with a $70.00 price target
  • 1/30/2019-Activision Blizzard (NASDAQ:ATVI) has coverage initiated with a Neutral rating and $50.00 price target
  • 1/29/2019-Activision Blizzard (NASDAQ:ATVI) had its Outperform ➝ Market Perform rating reiterated by Oppenheimer
  • On 8/20/2018 Riccardo Zacconi, CEO, sold 19,761 with an average share price of $68.70 per share and the total transaction amounting to $1,357,580.70.
  • On 5/17/2018 Riccardo Zacconi, CEO, sold 19,761 with an average share price of $70.49 per share and the total transaction amounting to $1,392,952.89.
  • On 3/14/2018 Dennis M Durkin, Insider, sold 71,488 with an average share price of $75.65 per share and the total transaction amounting to $5,408,067.20.
  • On 3/12/2018 Dennis M Durkin, Insider, sold 21,488 with an average share price of $77.18 per share and the total transaction amounting to $1,658,443.84.
  • On 3/1/2018 Stephen G Wereb, Insider, sold 120,521 with an average share price of $72.38 per share and the total transaction amounting to $8,723,309.98.
  • On 2/23/2018 Brian G. Kelly, Director, sold 1,700,000 with an average share price of $70.65 per share and the total transaction amounting to $120,105,000.00.
  • On 2/21/2018 Brian G. Kelly, Director, sold 680,000 with an average share price of $71.00 per share and the total transaction amounting to $48,280,000.00.

About Activision Blizzard (NASDAQ:ATVI)
Activision Blizzard, Inc. develops and distributes content and services on video game consoles, personal computers (PC), and mobile devices. The company operates through three segments: Activision Publishing, Inc.; Blizzard Entertainment, Inc.; and King Digital Entertainment. The company develops, publishes, and sells interactive software products and entertainment content for the console and PC platforms through retail and digital channels, including subscription, full-game, and in-game sales, as well as by licensing software to third-party or related-party companies; and offers downloadable content. It also maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games; and develops and publishes interactive entertainment content and services primarily on mobile platforms, such as Android and iOS, as well as distributes its content and services on the PC platform primarily through Facebook. In addition, the company engages in creating original film and television content; and provides warehousing, logistics, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. Its products include various genres, including first-person shooter, action/adventure, role-playing, strategy, and others. The company serves retailers and distributors, including mass-market retailers, first party digital storefronts, consumer electronics stores, discount warehouses, and game specialty stores through third-party distribution and licensing arrangements in the United States, Australia, Brazil, Canada, China, France, Germany, Ireland, Italy, Japan, Malta, Mexico, the Netherlands, Romania, Singapore, South Korea, Spain, Sweden, Taiwan, and the United Kingdom. Activision Blizzard, Inc. was incorporated in 1979 and is headquartered in Santa Monica, California.

Recent Trading Activity for Activision Blizzard (NASDAQ:ATVI)
Shares of Activision Blizzard closed the previous trading session at 41,67 up +1,56 3,89 % with 40.11 shares trading hands.