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Last Week's Notable Insider Buys: Activision, Avis Budget, Energy Transfer And More
Saturday, May 15, 2021 - 1:39pm | 1008Insider buying can be an encouraging signal for potential investors, especially when markets face uncertainty or are near all-time highs. A couple of chief executive officers and an executive board chair were among the insiders buying shares this past week. A master limited partnership, a real...
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Mobile Monetization Makes Its Mark In Activision's Q3 Beat
Friday, November 3, 2017 - 11:38am | 486Digital and mobile monetization played a big role in Activision Blizzard, Inc. (NASDAQ: ATVI)'s third quarter earnings beat, Baird Equity Research's Colin Sebastian said in a research report. The video game company reported a 17 percent year-over-year increase in its third quarter revenue...
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February Digital Gaming Round-Up: Activision's Blues, EA Titles On Top, Ubisoft Makes A Splash
Wednesday, March 29, 2017 - 12:02pm | 770Activision Blizzard, Inc. (NASDAQ: ATVI) had a forgettable February, as its games didn't take off — but this didn't show in its stock, which has been on a run up since November. Activision's digital games fared ordinarily compared to competitors, including Electronic...
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Wedbush's Michael Pachter Talks Video Game Stocks
Tuesday, May 31, 2016 - 3:20pm | 496Michael Pachter is an equity analyst at Wedbush Securities and considered to be one of the Street's top analysts in the video game space. On Tuesday, Pachter was a guest on Benzinga's PreMarketPrep to talk about the video game industry. Activision Blizzard First on the checklist: Activision...
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Activision Moving Higher On Facebook Partnership Rumor
Wednesday, March 30, 2016 - 1:18pm | 192Activision Blizzard, Inc. (NASDAQ: ATVI), which is best known for developing and publishing the "Call of Duty" series, among many other hit franchises, saw its stock trade higher by more than 3 percent on no new news releases. Market participants were buying Activision Blizzard's stock following...
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Power Up: Analysts React To Activision Blizzard's Acquisition Of Candy Crush-Maker King Digital
Tuesday, November 3, 2015 - 12:28pm | 1057Activision Blizzard, Inc. (NASDAQ: ATVI) announced on Monday its wholly owned subsidiary, ABS Partners, will acquire King Digital Entertainment plc (NYSE: KING) for $18 per share. The deal represents an approximate 20 percent premium to King's closing price on Friday. Wall Street...
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Activision Had A 'Huge, Huge Revenue Beat,' But Is A Correction Coming?
Tuesday, August 4, 2015 - 6:01pm | 503Activision Blizzard, Inc. (NASDAQ: ATVI) beat earnings with a Q2 EPS of $0.13 (versus the Street estimate of $0.08) and sales of $1.04 billion. The firm raised its CY15 sales estimates from $4.425 billion to $4.6 billion, topping the Street's current estimate of $4.47 billion. Activision also...
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E3 2015: Will EA, Activision Or Take-Two Impress Investors?
Tuesday, June 16, 2015 - 7:22am | 911Electronic Arts Inc. (NASDAQ: EA), Activision Blizzard, Inc. (NASDAQ: ATVI) and Take-Two Interactive Software, Inc. (NASDAQ: TTWO) are some of the biggest publishers heading to the 2015 Electronic Entertainment Expo. All three companies closed down on Monday -- should investors be worried, or are...
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TGIF As Markets Rally; S&P 500 Posts Longest Weekly Loss Streak Since 2011
Friday, October 17, 2014 - 4:43pm | 2830U.S. stocks rallied on Friday following positive earnings reports from several large-cap multinationals this morning on a relatively light day of market moving news. The Dow traded higher by more than 300 points before giving back some of the gains. The S&P 500 rallied but still posted its...
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Nasty Reviews Unlikely To Hurt Activision's 'Destiny'
Saturday, September 13, 2014 - 4:26pm | 855Activision Blizzard, Inc. (NASDAQ: ATVI) announced Wednesday that "Destiny" set a new record after having the "most successful new video game franchise launch" of all time. The publisher -- which is famous for the "Call of Duty" franchise -- secured the "...
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Weekly Highlights: Apple's Retail Problem, WWE Network's New Free Trial And More
Monday, July 14, 2014 - 6:27am | 187Product announcements were nowhere to be found this week, but there were some notable developments in the tech space. Apple (NASDAQ: AAPL), for example, could be facing a customer problem at retail. There appear to be more employees than customers at many of the company's stores. Samsung (OTC:...
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Best Buy Offers New 'Destiny' Beta With In-Store Demo On July 19
Thursday, July 10, 2014 - 12:54pm | 625Best Buy (NYSE: BBY) customers will be able to play Destiny at select stores on Saturday, July 19. The three-hour event (which is scheduled to run from 6:00 p.m. to 9:00 p.m.) will be held at 71 Best Buy stores nationwide. All participating locations can be found at BestBuy.com/GamingEvents....
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Smart Toys Could Boost Free-To-Play Video Game Market
Wednesday, July 9, 2014 - 11:38am | 678Numerous developers are supporting the free-to-play format, but are microtransactions the best way to profit? When targeting teens and adults, microtransactions seem to be very profitable. But it is a whole other story when looking at six-year-old kids, who may not comprehend the concept....
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Top 4 Video Game Brands: Holiday 2013 Vs. 1H 2014
Tuesday, July 8, 2014 - 11:46am | 196Sony (NYSE: SNE) led the pack last Christmas, but iSpot data shows that another company persevered in 2014. "When you're talking about gaming, there's definitely the overall trend of the casual game companies getting more and more into the game and upping their spend on TV," Sean Muller, co-founder...
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Activision's $58 Million TV Promo Budget Could Double In 2014
Monday, July 7, 2014 - 12:25pm | 502Activision (NASDAQ: ATVI) plans to spend $500 million on its newest franchise, Destiny. This budget includes any and all aspects of the game, from development and distribution to packaging and global promotions. When Activision announced its budget, no one knew how much of it would be spent on...