View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsActivision Blizzard 향후 성장Future 기준 점검 2/6Activision Blizzard은 연간 수입과 매출이 각각 5.7%와 3.5% 증가할 것으로 예상되고 EPS는 연간 5.8%만큼 증가할 것으로 예상됩니다.핵심 정보5.7%이익 성장률5.75%EPS 성장률Entertainment 이익 성장0%매출 성장률3.5%향후 자기자본이익률n/a애널리스트 커버리지Good마지막 업데이트13 Oct 2023최근 향후 성장 업데이트공고 • Aug 05Activision Blizzard, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2021Activision Blizzard, Inc. provided earnings guidance for the third quarter and full year of 2021. For the third quarter, the company expects GAAP net revenue of $1,970 million. GAAP EPS of $0.64. For the full year, the company expects GAAP net revenue of $8,515 million. GAAP EPS of $3.08.공고 • May 05+ 1 more updateActivision Blizzard, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2021Activision Blizzard, Inc. provided earnings guidance for the second quarter and full year of fiscal 2021. For the quarter, the company expects Net Revenues of $2,135 million and EPS of $0.81. For the full year, the company expects Net Revenues of $8,370 million and EPS of $2.91.모든 업데이트 보기Recent updates공고 • Oct 24Activision Blizzard Files Form 15Activision Blizzard, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Stock, $0.000001 par value per share under the Securities Exchange Act of 1934, as amended. The par value of the company's Common Stock was $0.000001per share. On October 13, 2023, pursuant to that certain Agreement and Plan of Merger, dated as of January 18, 2022, as amended from time to time, by and among Microsoft Corporation, a Washington corporation (“Microsoft”), Anchorage Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Microsoft (“Merger Sub”), and Activision Blizzard, Inc. (the “Company”), Merger Sub merged with and into the Company, with the Company surviving as a wholly-owned subsidiary of Microsoft (the “Merger”). As a result of the Merger, the issued and outstanding Common Stock, par value $0.000001 per share, of the Company was cancelled, and the Company became a wholly-owned subsidiary of Microsoft.공고 • Oct 19Activision Blizzard, Inc.(NasdaqGM:ATVI) dropped from FTSE All-World Index (USD)Activision Blizzard, Inc.(NasdaqGM:ATVI) dropped from FTSE All-World Index (USD)공고 • Oct 18+ 3 more updatesActivision Blizzard, Inc.(NasdaqGS:ATVI) dropped from S&P 500 Communication Services (Sector)Activision Blizzard, Inc.(NasdaqGS:ATVI) dropped from S&P 500 Communication Services (Sector)공고 • Oct 14+ 1 more updateActivision Blizzard, Inc. Announces Board ChangesOn October 13, 2023 (the “ Closing Date”), Activision Blizzard, Inc., a Delaware corporation (the “ Company”), completed the previously announced transaction with Microsoft Corporation, a Washington corporation (“ Parent”), pursuant to the Agreement and Plan of Merger, dated as of January 18, 2022 (as amended, supplemented or otherwise modified from time to time, the “ Merger Agreement”), by and among the Company, Parent and Anchorage Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“ Merger Sub”). Pursuant to the Merger Agreement, at the effective time of the Merger (the “ Effective Time”), Merger Sub merged with and into the Company (the “ Merger”), with the Company surviving the Merger as a wholly owned subsidiary of Parent. As a result of the Merger and pursuant to the Merger Agreement, each of Reveta Bowers, Kerry Carr, Robert Corti, Brian Kelly, Robert Kotick, Barry Meyer, Robert Morgado, Peter Nolan and Dawn Ostroff resigned and ceased to be directors of the Company and members of any committee or subcommittee of the Company’s Board of Directors as of the Effective Time, and Keith R. Dolliver and Benjamin O. Orndorff, who constituted the directors of Merger Sub as of immediately prior to the Effective Time, became the directors of the Company.공고 • Aug 24Microsoft Submits New Plan in £54 Billion Takeover Battle with UK Competition WatchdogThe competition watchdog stressed “this is not a green light” as it agreed to look at a fresh proposal from Microsoft Corporation (NasdaqGS:MSFT) which the company hopes will allow its $69 billion (£54 billion) takeover of Activision Blizzard, Inc. (NasdaqGS:ATVI) to go ahead. The global technology giant said it has submitted a new version of the blocked deal, which will now be reviewed by the Competition and Markets Authority (CMA). It came as the regulator confirmed on August 22, 2023 that Microsoft’s original plan to buy the computer games company “cannot proceed”. Under the new proposal, Microsoft would sell off its rights to offer games via the cloud for new or existing Activision PC or console games for the next 15 years outside the European Economic Area (EEA). It will instead sell those rights to Ubisoft, a rival developer known for the Assassin’s Creed and Far Cry games series. This is designed to ensure that gamers have access to Activision Blizzard’s games, even on consoles and computers not made by Microsoft. The CMA will now launch a new probe into this deal, a so-called Phase 1 investigation. CMA chief executive Sarah Cardell said: “The CMA has August 22, 2023 confirmed that Microsoft’s acquisition of Activision, as originally proposed, cannot proceed. “Separately, Microsoft has notified a new and restructured deal, which is substantially different from what was put on the table previously. “This is not a green light. We will carefully and objectively assess the details of the restructured deal and its impact on competition, including in light of third-party comments”. In January 2022 Microsoft announced that it planned to buy Activision Blizzard, the company behind the Call Of Duty and World Of Warcraft games, for an eye-watering sum.Upcoming Dividend • Jul 25Upcoming dividend of US$0.99 per share at 1.1% yieldEligible shareholders must have bought the stock before 01 August 2023. Payment date: 17 August 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Austrian dividend payers (5.5%). Lower than average of industry peers (1.9%).공고 • Jul 22+ 2 more updatesActivision Blizzard, Microsoft Extend Merger Deadline to October 18As announced on January 18, 2022, Microsoft Corporation (NasdaqGS:MSFT) planned to acquire Activision Blizzard, Inc. (NasdaqGS:ATVI) for $95.00 per share in an all-cash transaction. The transaction has been approved by the boards of directors of both Activision Blizzard and Microsoft and by Activision Blizzard's stockholders. On July 18, Activision Blizzard (ATVI) and Microsoft (MSFT) entered into an agreement waiving certain rights to terminate the merger agreement if the merger has not been consummated prior to October 18, 2023. The terms of the agreement include an increase in the termination fee payable to Activision Blizzard from $3.0 billion to $3.5 billion if the transaction is terminated after August 29, 2023, and to $4.5B if the transaction is terminated after September 15, 2023. The agreement also includes amendments to Activision Blizzard's commercial Xbox arrangements with Microsoft, valued at up to $250M for each of fiscal years 2023 and 2024. The agreement further enables Activision Blizzard to declare and pay one regular cash dividend for fiscal year 2023 of up to 99c per share, prior to and not contingent on the closing of the transaction. Also on July 18, the company's board of directors declared a cash dividend of 99c per share of the company's outstanding common stock, payable on August 17 to shareholders of record at the close of business on August 2, from cash on hand.Reported Earnings • Jul 20Second quarter 2023 earnings released: EPS: US$0.75 (vs US$0.36 in 2Q 2022)Second quarter 2023 results: EPS: US$0.75 (up from US$0.36 in 2Q 2022). Revenue: US$2.21b (up 34% from 2Q 2022). Net income: US$587.0m (up 110% from 2Q 2022). Profit margin: 27% (up from 17% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Entertainment industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Recent Insider Transactions • May 07Independent Director recently bought €905k worth of stockOn the 3rd of May, Peter Nolan bought around 13k shares on-market at roughly €68.73 per share. This transaction amounted to 5.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €2.1m more in shares than they bought in the last 12 months.Reported Earnings • Apr 27First quarter 2023 earnings released: EPS: US$0.94 (vs US$0.51 in 1Q 2022)First quarter 2023 results: EPS: US$0.94 (up from US$0.51 in 1Q 2022). Revenue: US$2.38b (up 35% from 1Q 2022). Net income: US$740.0m (up 87% from 1Q 2022). Profit margin: 31% (up from 22% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Entertainment industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Recent Insider Transactions • Mar 16President & COO recently sold €647k worth of stockOn the 13th of March, Daniel Alegre sold around 9k shares on-market at roughly €73.19 per share. This transaction amounted to 93% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Daniel has been a net seller over the last 12 months, reducing personal holdings by €2.0m.Reported Earnings • Feb 07Full year 2022 earnings released: EPS: US$1.94 (vs US$3.47 in FY 2021)Full year 2022 results: EPS: US$1.94 (down from US$3.47 in FY 2021). Revenue: US$7.53b (down 14% from FY 2021). Net income: US$1.51b (down 44% from FY 2021). Profit margin: 20% (down from 31% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year.공고 • Jan 12Activision Blizzard, Inc. to Report Q4, 2022 Results on Feb 06, 2023Activision Blizzard, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 06, 2023공고 • Dec 19Daniel Alegre, President and Chief Operating Officer of Activision Blizzard, Inc. Notifies the Company to LeaveOn December 13, 2022, Daniel Alegre, President and Chief Operating Officer of Activision Blizzard, Inc. (the “ Company ”), notified the Company that he plans to leave for another opportunity upon completion of the current term of his employment under his employment agreement with the Company, which term expires on March 31, 2023.Buying Opportunity • Nov 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €89.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 9.4%. For the next 3 years, revenue is forecast to grow by 9.7% per annum. Earnings is also forecast to grow by 14% per annum over the same time period.Reported Earnings • Nov 09Third quarter 2022 earnings released: EPS: US$0.56 (vs US$0.82 in 3Q 2021)Third quarter 2022 results: EPS: US$0.56 (down from US$0.82 in 3Q 2021). Revenue: US$1.78b (down 14% from 3Q 2021). Net income: US$435.0m (down 32% from 3Q 2021). Profit margin: 24% (down from 31% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Entertainment industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.공고 • Oct 11Activision Blizzard, Inc. to Report Q3, 2022 Results on Nov 07, 2022Activision Blizzard, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 07, 2022공고 • Oct 07Activision Blizzard Announces Executive ChangesActivision Blizzard, Inc. announced that Lulu Cheng Meservey will assume a newly created role as Executive Vice President, Corporate Affairs and Chief Communications Officer. Effective October 6, Ms. Meservey will become a member of the senior leadership team, helping to shape the Company’s strategic direction and leading its communications efforts. She will serve as Activision Blizzard’s public voice at a pivotal time ahead of the impending acquisition by Microsoft. Ms. Meservey served on the Company’s board of directors and its Workplace Responsibility Committee as a key leader in the oversight of culture and ensuring workplace excellence. To focus on her new role, she is stepping down from the Board today. Ms. Meservey brings experience as a strategic counselor and communicator across a wide range of industries, including technology, finance, and government affairs. Most recently, she served as a member of the leadership team and Vice President of Communications at Substack, the pioneering platform for independent newsletter writers and podcasters. Prior to her work at Substack, Ms. Meservey was a co-founder of the global strategic communications agency TrailRunner International and served as its President and Chief Operating Officer. Previously, Ms. Meservey was a Director in the office of the chairman at McLarty Associates, a global strategic advisory firm headquartered in Washington, D.C. Her previous experience includes positions with the World Bank, the MIT Lincoln Laboratory, and J.P. Morgan. Ms. Meservey holds a B.A. in political science from Yale University and an M.A. in law and diplomacy from The Fletcher School at Tufts University.Recent Insider Transactions • Sep 14President & COO recently sold €778k worth of stockOn the 9th of September, Daniel Alegre sold around 10k shares on-market at roughly €77.85 per share. This transaction amounted to 94% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €805k. Daniel has been a net seller over the last 12 months, reducing personal holdings by €2.4m.Recent Insider Transactions • Aug 05Chief Financial Officer recently sold €805k worth of stockOn the 3rd of August, Armin Zerza sold around 10k shares on-market at roughly €79.14 per share. This was the largest sale by an insider in the last 3 months. Armin has been a seller over the last 12 months, reducing personal holdings by €1.0m.Reported Earnings • Aug 02Second quarter 2022 earnings released: EPS: US$0.36 (vs US$1.13 in 2Q 2021)Second quarter 2022 results: EPS: US$0.36 (down from US$1.13 in 2Q 2021). Revenue: US$1.64b (down 28% from 2Q 2021). Net income: US$280.0m (down 68% from 2Q 2021). Profit margin: 17% (down from 38% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 14%, compared to a 26% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.공고 • Jul 09Activision Blizzard, Inc. to Report Q2, 2022 Results on Aug 01, 2022Activision Blizzard, Inc. announced that they will report Q2, 2022 results After-Market on Aug 01, 2022공고 • Jun 22Activision Blizzard, Inc. Appoints Kerry Carr to Its BoardActivision Blizzard, Inc. announced the appointment of Kerry Carr to its board. As announced previously, Hendrik J. Hartong III and Casey Wasserman chose not to stand for reelection.Recent Insider Transactions • Jun 04Chief Financial Officer recently sold €240k worth of stockOn the 1st of June, Armin Zerza sold around 3k shares on-market at roughly €72.79 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.1m. This was Armin's only on-market trade for the last 12 months.Recent Insider Transactions • May 11Senior VP & Chief Accounting Officer recently sold €810k worth of stockOn the 5th of May, Jesse Yang sold around 11k shares on-market at roughly €74.89 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.1m. Insiders have been net sellers, collectively disposing of €1.8m more than they bought in the last 12 months.공고 • May 02Activision Blizzard, Inc., Annual General Meeting, Jun 21, 2022Activision Blizzard, Inc., Annual General Meeting, Jun 21, 2022, at 09:00 Pacific Standard Time. Agenda: To consider the election of Directors; to approve executive compensation; and to consider the ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm;and to consider other matters.Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: US$0.51 (vs US$0.80 in 1Q 2021)First quarter 2022 results: EPS: US$0.51 (down from US$0.80 in 1Q 2021). Revenue: US$1.77b (down 22% from 1Q 2021). Net income: US$395.0m (down 36% from 1Q 2021). Profit margin: 22% (down from 27% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 1.1%, compared to a 34% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 19% per year.공고 • Apr 22+ 1 more updateActivision Blizzard, Inc. Announces Executive ChangesActivision Blizzard, Inc. announced that Hendrik J. Hartong III and Casey Wasserman notified the Company on April 16, 2022 that they have chosen to not stand for re-election at the 2022 Annual Meeting. Their service as directors will conclude upon the election of directors at the 2022 Annual Meeting, at which time the size of the Board will return to ten members.공고 • Apr 12+ 1 more updateActivision Blizzard Appoints Kristen Hines as Chief Diversity, Equity, and Inclusion Officer, Effective April 25, 2022Activision Blizzard, Inc. announced the appointment of Kristen Hines as its new Chief Diversity, Equity, and Inclusion Officer, effective April 25, 2022. Hines will report to Julie Hodges, Chief People Officer, and will join the company’s senior leadership team. Hines joins Activision Blizzard from Accenture where she most recently led the Global Inclusion, Diversity and Equity practice, and sat on the firm’s global leadership team for the CEO Transformation practice. In that role, she helped organizations establish and strengthen their own DEI strategies and capabilities, ensuring success through integration with the business, data-driven accountability and continuous feedback loops between leaders and employees. Hines will play a crucial role in furthering Activision Blizzard’s commitment to increasing the percentage of women and non-binary people in its workforce by 50% over the next five years.Upcoming Dividend • Apr 06Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 13 April 2022. Payment date: 06 May 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Austrian dividend payers (4.8%). Lower than average of industry peers (1.6%).공고 • Mar 30Activision Blizzard, Inc. Announces Court to Approve Activision Agreement with EEOCOn March 29, 2022, the federal court indicated it would approve Activision Blizzard’s settlement with the EEOC . That settlement paves the way to compensate and make amends to eligible claimants. As part of the agreement with the EEOC, Activision agreed to: Create an $18 million fund to compensate eligible claimants; Continue enhancing policies, practices, and training to prevent harassment and discrimination in the workplace, including by implementing an expanded performance-review system. These improvements are underway; Engage a neutral, third-party equal employment opportunity consultant – a non-employee who must be approved by the EEOC – who will provide ongoing oversight of the Company’s compliance with the agreement. This independent consultant’s findings will be reported directly to the EEOC and Activision Blizzard’s Board of Directors.; Hire an internal EEO coordinator with relevant experience in gender discrimination, harassment, and related retaliation to assist the Company. Stacy Jackson began this position on March 16. In addition, in October 2021, Activision set a goal of increasing the representation of women and non-binary employees by 50% in the next five years. It also has committed to invest $250 million over the next 10 years in initiatives that foster expanded opportunities in gaming and technology for under-represented communities.Recent Insider Transactions • Mar 23President & COO recently sold €1.1m worth of stockOn the 14th of March, Daniel Alegre sold around 15k shares on-market at roughly €72.52 per share. This was the largest sale by an insider in the last 3 months. Daniel has been a seller over the last 12 months, reducing personal holdings by €2.7m.Reported Earnings • Feb 04Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: US$3.47 (up from US$2.85 in FY 2020). Revenue: US$8.80b (up 8.9% from FY 2020). Net income: US$2.70b (up 23% from FY 2020). Profit margin: 31% (up from 27% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.3%. Over the next year, revenue is forecast to grow 2.7%, compared to a 41% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 22% per year.공고 • Feb 04Activision Blizzard, Inc. Declares Cash Dividend, Payable on May 6, 2022Activision Blizzard, Inc. announced that the Board of Directors declared a cash dividend of $0.47 per common share, payable on May 6, 2022 to shareholders of record at the close of business on April 15, 2022.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 29% share price gain to €72.20, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 24x in the Entertainment industry in Europe. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €101 per share.Reported Earnings • Nov 03Third quarter 2021 earnings released: EPS US$0.82 (vs US$0.78 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: US$2.07b (up 5.9% from 3Q 2020). Net income: US$639.0m (up 5.8% from 3Q 2020). Profit margin: 31% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Executive Departure • Oct 01Chief People Officer Claudine Naughton has left the companyOn the 21st of September, Claudine Naughton's tenure as Chief People Officer ended after 2.1 years in the role. We don't have any record of a personal shareholding under Claudine's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.공고 • Oct 01Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in A Securities Class Action Lawsuit Against Activision Blizzard, IncBernstein Liebhard reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Activision Blizzard Inc. from August 4, 2016 through July 27, 2021 (the "Class Period"). The lawsuit filed in the United States District Court for the Central District of California alleges violations of the Securities Act of 1934. According to the Complaint, the Company made false and misleading statements to the market throughout the Class Period. The Complaint alleges that Activision discriminated against both women and minorities employed by its organization. Numerous employee complaints of sexual harassment, retaliation, and other inappropriate activities were reported to human resources and executives, but unaddressed. The Company also failed to inform investors that it was under investigation by the California Department of Fair Employment and Housing (“DFEH”) over allegations of sexual harassment and other discrimination. Finally, in July 2021, Bloomberg Lawrevealed that DFEH had filed a lawsuit against Activision following a lengthy two-year investigation into the Company’s practices. Based on these facts, Activision’s public statements were false and materially misleading during the Class Period. On this news, the price of Activision shares fell $5.89 per share to close at $84.95 per share on July 27, 2021, thereby injuring investors.Executive Departure • Sep 24Chief People Officer Claudine Naughton has left the companyOn the 21st of September, Claudine Naughton's tenure as Chief People Officer ended after 2.1 years in the role. We don't have any record of a personal shareholding under Claudine's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.33 years, which is considered inexperienced in the Simply Wall St Risk Model.Executive Departure • Sep 24Chief People Officer Claudine Naughton has left the companyOn the 21st of September, Claudine Naughton's tenure as Chief People Officer ended after 2.1 years in the role. We don't have any record of a personal shareholding under Claudine's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.33 years, which is considered inexperienced in the Simply Wall St Risk Model.Recent Insider Transactions • Aug 14Independent Director recently bought €1.4m worth of stockOn the 6th of August, Peter Nolan bought around 21k shares on-market at roughly €68.67 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €26m more in shares than they bought in the last 12 months.Recent Insider Transactions • Aug 12Independent Director recently bought €1.4m worth of stockOn the 6th of August, Peter Nolan bought around 21k shares on-market at roughly €68.67 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €26m more in shares than they bought in the last 12 months.공고 • Aug 06Rosen Law Firm Files Class Action Lawsuit on Behalf of Purchasers of the Securities of Activision Blizzard, Inc. Between August 4, 2016 and July 27, 2021, InclusiveRosen Law Firm filed class action lawsuit on behalf of purchasers of the securities of Activision Blizzard, Inc. between August 4, 2016 and July 27, 2021, inclusive. The lawsuit seeks to recover damages for Activision Blizzard investors under the federal securities laws. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: Activision Blizzard discriminated against women and minority employees; Activision Blizzard fostered a pervasive "frat boy" workplace culture that continues to thrive; numerous complaints about unlawful harassment, discrimination, and retaliation were made to human resources personnel and executives which went unaddressed; the pervasive culture of harassment, discrimination, and retaliation would result in serious impairments to Activision Blizzard's operations; as a result as a result of the foregoing, the Company was at greater risk of regulatory and legal scrutiny and enforcement, including that which would have a material adverse effect; Activision Blizzard failed to inform shareholders that the California Department of Fair Employment and Housing had been investigating Activision Blizzard for harassment and discrimination; and as a result, Defendants' statements about Activision Blizzard's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS US$1.13 (vs US$0.75 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$2.30b (up 19% from 2Q 2020). Net income: US$876.0m (up 51% from 2Q 2020). Profit margin: 38% (up from 30% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공고 • Aug 05Activision Blizzard, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2021Activision Blizzard, Inc. provided earnings guidance for the third quarter and full year of 2021. For the third quarter, the company expects GAAP net revenue of $1,970 million. GAAP EPS of $0.64. For the full year, the company expects GAAP net revenue of $8,515 million. GAAP EPS of $3.08.Executive Departure • Aug 05President & CEO of Blizzard Entertainment Inc J. Brack has left the companyDuring their tenure, earnings grew by 74% annually compared to the industry average of 20%. On the 3rd of August, J. Brack left the company after 2.8 in the role. We don't have any record of a personal shareholding under Brack's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model.Executive Departure • Aug 05President & CEO of Blizzard Entertainment Inc J. Brack has left the companyDuring their tenure, earnings grew by 74% annually compared to the industry average of 20%. On the 3rd of August, J. Brack left the company after 2.8 in the role. We don't have any record of a personal shareholding under Brack's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model.공고 • Jun 28+ 4 more updatesActivision Blizzard, Inc.(NasdaqGS:ATVI) dropped from Russell 1000 Dynamic IndexActivision Blizzard, Inc.(NasdaqGS:ATVI) dropped from Russell 1000 Dynamic IndexExecutive Departure • Jun 15Chief Legal Officer Christopher Walther has left the companyOn the 14th of June, Christopher Walther's tenure as Chief Legal Officer ended after 11.6 years in the role. As of March 2021, Christopher still personally held 39.68k shares (€3.2m worth at the time). Christopher is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model.Recent Insider Transactions • May 15Independent Director recently bought €1.6m worth of stockOn the 10th of May, Peter Nolan bought around 20k shares on-market at roughly €78.18 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €52m more in shares than they bought in the last 12 months.Reported Earnings • May 06First quarter 2021 earnings released: EPS US$0.80 (vs US$0.66 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: US$2.28b (up 27% from 1Q 2020). Net income: US$619.0m (up 23% from 1Q 2020). Profit margin: 27% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공고 • May 05+ 1 more updateActivision Blizzard, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2021Activision Blizzard, Inc. provided earnings guidance for the second quarter and full year of fiscal 2021. For the quarter, the company expects Net Revenues of $2,135 million and EPS of $0.81. For the full year, the company expects Net Revenues of $8,370 million and EPS of $2.91.Upcoming Dividend • Apr 07Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 14 April 2021. Payment date: 06 May 2021. Trailing yield: 0.5%. Lower than top quartile of Austrian dividend payers (3.2%). Lower than average of industry peers (1.8%).공고 • Mar 03Activision Blizzard, Inc. Appoints Frances F. Townsend as Corporate Secretary and Chief Compliance OfficerActivision Blizzard announced that Frances F. Townsend has joined the company as the Executive Vice President for Corporate Affairs and has been appointed by the Board of Directors to serve as Corporate Secretary and Chief Compliance Officer. She also will oversee Government Affairs, Public Policy, and Communications among other corporate functions. Townsend brings a wealth of experience that spans government, legal, and business affairs work at the highest levels, most recently as vice chairman, general counsel and chief administrative officer at MacAndrews & Forbes, Inc. Prior to that, she was a corporate partner with Baker Botts LLP. From 2004 to 2008, Townsend served as the assistant for homeland security and counterterrorism to President George W. Bush, chairing the Homeland Security Council during a pivotal period for the United States. Townsend also served as deputy national security advisor for combating terrorism from 2003 to 2004. She spent thirteen years at the U.S. Department of Justice under the administrations of Presidents George H.W. Bush, Bill Clinton, and George W. Bush.Reported Earnings • Feb 25Full year 2020 earnings released: EPS US$2.85 (vs US$1.96 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$8.09b (up 25% from FY 2019). Net income: US$2.20b (up 46% from FY 2019). Profit margin: 27% (up from 23% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Feb 25Revenue beats expectationsRevenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 5.4%, compared to a 36% growth forecast for the Entertainment industry in Austria.공고 • Feb 24Activision Announces Tony Hawk’s™ Pro Skater™ 1 and 2 Makes its Way to PlayStation® 5 and Xbox Series X|S on March 26Activision announced that Tony Hawk’s™ Pro Skater™ 1 and 2 makes its way to PlayStation® 5 and Xbox Series X|S on March 26 and lands on Nintendo Switch™ for the first time in 2021. The upcoming, next-gen versions of Tony Hawk’s Pro Skater 1 and 2 will give players a variety of upgrades, such as super crisp 120 FPS at 1080P, native 4K at 60 FPS1, spatial audio and more, while the game on Nintendo Switch™ will give fans the chance to ollie with Tony Hawk and the line-up of pro-skaters on-the-go. As the fastest Tony Hawk’s Pro Skater game to sell 1 million units2, Tony Hawk’s Pro Skater 1 and 2 is a faithful remaster of the first two iconic games in the franchise, blending all the original levels, pro-skaters, old-school tricks and more that gamers remember from the ‘90s and 2000s with new, beautifully recreated levels. High-fidelity atmospherics will be added to the next-gen upgrade for Tony Hawk’s Pro Skater 1 and 2. This unique graphical feature will allow players to enjoy the experience of sharper dynamic shadows, reflections and lens flares, as well as enhanced skater textures and more on next-gen consoles. Digital players can upgrade to the Cross-Gen Deluxe Bundle with all the added features for an additional $10 SRP. The upgrade includes access to the secret skater Ripper (a.k.a. the infamous Powell-Peralta mascot), retro gear for Create-A-Skater mode, and retro skins for Tony Hawk, Steve Caballero and Rodney Mullen. Additionally, Activision Blizzard, Inc. is giving fans who already own the digital deluxe version of the game on PlayStation® 4 and Xbox One a next-gen upgrade at no cost (except in Japan) on March 26. Getting to this milestone was no skate in the park. Skateboard icon Tony Hawk requested the help of videogame icon Crash Bandicoot to bring the remaster to new platforms, following the announcement that Crash Bandicoot 4: It’s About Time would be coming to next-gen platforms and Nintendo Switch™ on March 12. Crash, whose Bandicoot-branded swag appeared in Tony Hawk’s Pro Skater 1 and 2 this past November, leveraged his clout in exchange for a personal skating lesson from the original birdman himself, resulting in playful Twitter banter between the two videogame icons. Pre-orders for Tony Hawk’s Pro Skater 1 and 2 on PlayStation® 5, Xbox Series X|S and Nintendo Switch™ start February 23, 2021 in select territories. Tony Hawk’s Pro Skater 1 and 2 is available now for PlayStation® 4, PlayStation® 4 Pro, the family of Xbox One devices from Microsoft, including the Xbox One X, and on PC through the Epic platform.Is New 90 Day High Low • Feb 06New 90-day high: €84.23The company is up 27% from its price of €66.22 on 06 November 2020. The Austrian market is up 38% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €79.96 per share.Analyst Estimate Surprise Post Earnings • Feb 06Revenue beats expectationsRevenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 2.9%, compared to a 38% growth forecast for the Entertainment industry in Austria.Is New 90 Day High Low • Jan 18New 90-day high: €75.16The company is up 11% from its price of €67.78 on 20 October 2020. The Austrian market is up 32% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €68.95 per share.공고 • Jan 12Activision Blizzard, Inc. to Report Q4, 2020 Results on Feb 04, 2021Activision Blizzard, Inc. announced that they will report Q4, 2020 results After-Market on Feb 04, 2021Is New 90 Day High Low • Dec 15New 90-day high: €70.77The company is up 3.0% from its price of €68.67 on 15 September 2020. The Austrian market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €60.06 per share.Recent Insider Transactions • Dec 11Independent Director recently sold €665k worth of stockOn the 4th of December, Casey Wasserman sold around 10k shares on-market at roughly €66.54 per share. In the last 3 months, there was an even bigger sale from another insider worth €25m. Insiders have been net sellers, collectively disposing of €53m more than they bought in the last 12 months.Is New 90 Day High Low • Nov 10New 90-day low: €63.87The company is down 8.0% from its price of €69.17 on 12 August 2020. The Austrian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €49.65 per share.Recent Insider Transactions • Nov 06Chairman of the Board recently sold €25m worth of stockOn the 4th of November, Brian Kelly sold around 375k shares on-market at roughly €65.85 per share. This was the largest sale by an insider in the last 3 months. Brian has been a seller over the last 12 months, reducing personal holdings by €50m.Reported Earnings • Nov 02Third quarter 2020 earnings released: EPS US$0.78The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$1.95b (up 52% from 3Q 2019). Net income: US$604.0m (up 196% from 3Q 2019). Profit margin: 31% (up from 16% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.이익 및 매출 성장 예측WBAG:ATVI - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202510,1512,9453,4253,540512/31/20249,7002,7723,1593,1421312/31/20239,5922,7852,9563,013146/30/20238,7062,1662,4482,547N/A3/31/20238,1431,8582,0422,155N/A12/31/20227,5281,5132,1292,220N/A9/30/20227,3571,6741,6701,758N/A6/30/20227,6441,8781,9262,022N/A3/31/20228,2962,4752,1392,212N/A12/31/20218,8032,6992,3342,414N/A9/30/20219,0522,6442,8122,893N/A6/30/20218,9382,6092,4862,568N/A3/31/20218,5732,3112,8672,948N/A12/31/20208,0862,1972,1742,252N/A9/30/20207,6602,2131,9372,030N/A6/30/20206,9881,8132,0402,143N/A3/31/20206,4521,5611,4121,529N/A12/31/20196,4891,5031,7151,831N/A9/30/20196,8841,6641,7991,912N/A6/30/20197,1131,7201,7411,856N/A3/31/20197,3601,7951,5931,711N/A12/31/20187,5001,8481,6591,790N/A9/30/20187,1625771,7831,949N/A6/30/20187,2685061,9112,075N/A3/31/20187,2563472,1662,331N/A12/31/20177,0172732,0582,213N/A9/30/20176,9881,1111,7911,914N/A6/30/20176,9391,1201,8741,991N/A3/31/20176,8791,028N/A2,229N/A12/31/20166,608962N/A2,155N/A9/30/20165,946867N/A2,359N/A6/30/20165,367795N/A1,755N/A3/31/20164,841854N/A1,387N/A12/31/20154,664881N/A1,259N/A9/30/20154,8871,078N/A1,391N/A6/30/20154,649930N/A1,394N/A3/31/20154,575919N/A1,365N/A12/31/20144,408817N/A1,331N/A9/30/20144,351630N/A977N/A6/30/20144,289707N/A1,072N/A3/31/20144,370826N/A1,075N/A12/31/20134,583987N/A1,264N/A9/30/20134,8331,165N/A1,360N/A6/30/20134,9841,331N/A1,534N/A3/31/20135,0081,194N/A1,517N/A12/31/20124,8561,125N/A1,345N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: ATVI 의 연간 예상 수익 증가율(5.7%)이 saving rate(0.7%)보다 높습니다.수익 vs 시장: ATVI 의 연간 수익(5.7%)이 Austrian 시장(7.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: ATVI 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: ATVI 의 수익(연간 3.5%)이 Austrian 시장(연간 3.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: ATVI 의 수익(연간 3.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: ATVI의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YMedia 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/10/14 15:02종가2023/10/12 00:00수익2023/06/30연간 수익2022/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Activision Blizzard, Inc.는 45명의 분석가가 다루고 있습니다. 이 중 14명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Benjy ScurlockArete Research Services LLPJoseph BonnerArgus Research CompanyColin SebastianBaird42명의 분석가 더 보기
공고 • Aug 05Activision Blizzard, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2021Activision Blizzard, Inc. provided earnings guidance for the third quarter and full year of 2021. For the third quarter, the company expects GAAP net revenue of $1,970 million. GAAP EPS of $0.64. For the full year, the company expects GAAP net revenue of $8,515 million. GAAP EPS of $3.08.
공고 • May 05+ 1 more updateActivision Blizzard, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2021Activision Blizzard, Inc. provided earnings guidance for the second quarter and full year of fiscal 2021. For the quarter, the company expects Net Revenues of $2,135 million and EPS of $0.81. For the full year, the company expects Net Revenues of $8,370 million and EPS of $2.91.
공고 • Oct 24Activision Blizzard Files Form 15Activision Blizzard, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Stock, $0.000001 par value per share under the Securities Exchange Act of 1934, as amended. The par value of the company's Common Stock was $0.000001per share. On October 13, 2023, pursuant to that certain Agreement and Plan of Merger, dated as of January 18, 2022, as amended from time to time, by and among Microsoft Corporation, a Washington corporation (“Microsoft”), Anchorage Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Microsoft (“Merger Sub”), and Activision Blizzard, Inc. (the “Company”), Merger Sub merged with and into the Company, with the Company surviving as a wholly-owned subsidiary of Microsoft (the “Merger”). As a result of the Merger, the issued and outstanding Common Stock, par value $0.000001 per share, of the Company was cancelled, and the Company became a wholly-owned subsidiary of Microsoft.
공고 • Oct 19Activision Blizzard, Inc.(NasdaqGM:ATVI) dropped from FTSE All-World Index (USD)Activision Blizzard, Inc.(NasdaqGM:ATVI) dropped from FTSE All-World Index (USD)
공고 • Oct 18+ 3 more updatesActivision Blizzard, Inc.(NasdaqGS:ATVI) dropped from S&P 500 Communication Services (Sector)Activision Blizzard, Inc.(NasdaqGS:ATVI) dropped from S&P 500 Communication Services (Sector)
공고 • Oct 14+ 1 more updateActivision Blizzard, Inc. Announces Board ChangesOn October 13, 2023 (the “ Closing Date”), Activision Blizzard, Inc., a Delaware corporation (the “ Company”), completed the previously announced transaction with Microsoft Corporation, a Washington corporation (“ Parent”), pursuant to the Agreement and Plan of Merger, dated as of January 18, 2022 (as amended, supplemented or otherwise modified from time to time, the “ Merger Agreement”), by and among the Company, Parent and Anchorage Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“ Merger Sub”). Pursuant to the Merger Agreement, at the effective time of the Merger (the “ Effective Time”), Merger Sub merged with and into the Company (the “ Merger”), with the Company surviving the Merger as a wholly owned subsidiary of Parent. As a result of the Merger and pursuant to the Merger Agreement, each of Reveta Bowers, Kerry Carr, Robert Corti, Brian Kelly, Robert Kotick, Barry Meyer, Robert Morgado, Peter Nolan and Dawn Ostroff resigned and ceased to be directors of the Company and members of any committee or subcommittee of the Company’s Board of Directors as of the Effective Time, and Keith R. Dolliver and Benjamin O. Orndorff, who constituted the directors of Merger Sub as of immediately prior to the Effective Time, became the directors of the Company.
공고 • Aug 24Microsoft Submits New Plan in £54 Billion Takeover Battle with UK Competition WatchdogThe competition watchdog stressed “this is not a green light” as it agreed to look at a fresh proposal from Microsoft Corporation (NasdaqGS:MSFT) which the company hopes will allow its $69 billion (£54 billion) takeover of Activision Blizzard, Inc. (NasdaqGS:ATVI) to go ahead. The global technology giant said it has submitted a new version of the blocked deal, which will now be reviewed by the Competition and Markets Authority (CMA). It came as the regulator confirmed on August 22, 2023 that Microsoft’s original plan to buy the computer games company “cannot proceed”. Under the new proposal, Microsoft would sell off its rights to offer games via the cloud for new or existing Activision PC or console games for the next 15 years outside the European Economic Area (EEA). It will instead sell those rights to Ubisoft, a rival developer known for the Assassin’s Creed and Far Cry games series. This is designed to ensure that gamers have access to Activision Blizzard’s games, even on consoles and computers not made by Microsoft. The CMA will now launch a new probe into this deal, a so-called Phase 1 investigation. CMA chief executive Sarah Cardell said: “The CMA has August 22, 2023 confirmed that Microsoft’s acquisition of Activision, as originally proposed, cannot proceed. “Separately, Microsoft has notified a new and restructured deal, which is substantially different from what was put on the table previously. “This is not a green light. We will carefully and objectively assess the details of the restructured deal and its impact on competition, including in light of third-party comments”. In January 2022 Microsoft announced that it planned to buy Activision Blizzard, the company behind the Call Of Duty and World Of Warcraft games, for an eye-watering sum.
Upcoming Dividend • Jul 25Upcoming dividend of US$0.99 per share at 1.1% yieldEligible shareholders must have bought the stock before 01 August 2023. Payment date: 17 August 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Austrian dividend payers (5.5%). Lower than average of industry peers (1.9%).
공고 • Jul 22+ 2 more updatesActivision Blizzard, Microsoft Extend Merger Deadline to October 18As announced on January 18, 2022, Microsoft Corporation (NasdaqGS:MSFT) planned to acquire Activision Blizzard, Inc. (NasdaqGS:ATVI) for $95.00 per share in an all-cash transaction. The transaction has been approved by the boards of directors of both Activision Blizzard and Microsoft and by Activision Blizzard's stockholders. On July 18, Activision Blizzard (ATVI) and Microsoft (MSFT) entered into an agreement waiving certain rights to terminate the merger agreement if the merger has not been consummated prior to October 18, 2023. The terms of the agreement include an increase in the termination fee payable to Activision Blizzard from $3.0 billion to $3.5 billion if the transaction is terminated after August 29, 2023, and to $4.5B if the transaction is terminated after September 15, 2023. The agreement also includes amendments to Activision Blizzard's commercial Xbox arrangements with Microsoft, valued at up to $250M for each of fiscal years 2023 and 2024. The agreement further enables Activision Blizzard to declare and pay one regular cash dividend for fiscal year 2023 of up to 99c per share, prior to and not contingent on the closing of the transaction. Also on July 18, the company's board of directors declared a cash dividend of 99c per share of the company's outstanding common stock, payable on August 17 to shareholders of record at the close of business on August 2, from cash on hand.
Reported Earnings • Jul 20Second quarter 2023 earnings released: EPS: US$0.75 (vs US$0.36 in 2Q 2022)Second quarter 2023 results: EPS: US$0.75 (up from US$0.36 in 2Q 2022). Revenue: US$2.21b (up 34% from 2Q 2022). Net income: US$587.0m (up 110% from 2Q 2022). Profit margin: 27% (up from 17% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Entertainment industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Recent Insider Transactions • May 07Independent Director recently bought €905k worth of stockOn the 3rd of May, Peter Nolan bought around 13k shares on-market at roughly €68.73 per share. This transaction amounted to 5.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €2.1m more in shares than they bought in the last 12 months.
Reported Earnings • Apr 27First quarter 2023 earnings released: EPS: US$0.94 (vs US$0.51 in 1Q 2022)First quarter 2023 results: EPS: US$0.94 (up from US$0.51 in 1Q 2022). Revenue: US$2.38b (up 35% from 1Q 2022). Net income: US$740.0m (up 87% from 1Q 2022). Profit margin: 31% (up from 22% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Entertainment industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Mar 16President & COO recently sold €647k worth of stockOn the 13th of March, Daniel Alegre sold around 9k shares on-market at roughly €73.19 per share. This transaction amounted to 93% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Daniel has been a net seller over the last 12 months, reducing personal holdings by €2.0m.
Reported Earnings • Feb 07Full year 2022 earnings released: EPS: US$1.94 (vs US$3.47 in FY 2021)Full year 2022 results: EPS: US$1.94 (down from US$3.47 in FY 2021). Revenue: US$7.53b (down 14% from FY 2021). Net income: US$1.51b (down 44% from FY 2021). Profit margin: 20% (down from 31% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year.
공고 • Jan 12Activision Blizzard, Inc. to Report Q4, 2022 Results on Feb 06, 2023Activision Blizzard, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 06, 2023
공고 • Dec 19Daniel Alegre, President and Chief Operating Officer of Activision Blizzard, Inc. Notifies the Company to LeaveOn December 13, 2022, Daniel Alegre, President and Chief Operating Officer of Activision Blizzard, Inc. (the “ Company ”), notified the Company that he plans to leave for another opportunity upon completion of the current term of his employment under his employment agreement with the Company, which term expires on March 31, 2023.
Buying Opportunity • Nov 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €89.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 9.4%. For the next 3 years, revenue is forecast to grow by 9.7% per annum. Earnings is also forecast to grow by 14% per annum over the same time period.
Reported Earnings • Nov 09Third quarter 2022 earnings released: EPS: US$0.56 (vs US$0.82 in 3Q 2021)Third quarter 2022 results: EPS: US$0.56 (down from US$0.82 in 3Q 2021). Revenue: US$1.78b (down 14% from 3Q 2021). Net income: US$435.0m (down 32% from 3Q 2021). Profit margin: 24% (down from 31% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Entertainment industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Oct 11Activision Blizzard, Inc. to Report Q3, 2022 Results on Nov 07, 2022Activision Blizzard, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 07, 2022
공고 • Oct 07Activision Blizzard Announces Executive ChangesActivision Blizzard, Inc. announced that Lulu Cheng Meservey will assume a newly created role as Executive Vice President, Corporate Affairs and Chief Communications Officer. Effective October 6, Ms. Meservey will become a member of the senior leadership team, helping to shape the Company’s strategic direction and leading its communications efforts. She will serve as Activision Blizzard’s public voice at a pivotal time ahead of the impending acquisition by Microsoft. Ms. Meservey served on the Company’s board of directors and its Workplace Responsibility Committee as a key leader in the oversight of culture and ensuring workplace excellence. To focus on her new role, she is stepping down from the Board today. Ms. Meservey brings experience as a strategic counselor and communicator across a wide range of industries, including technology, finance, and government affairs. Most recently, she served as a member of the leadership team and Vice President of Communications at Substack, the pioneering platform for independent newsletter writers and podcasters. Prior to her work at Substack, Ms. Meservey was a co-founder of the global strategic communications agency TrailRunner International and served as its President and Chief Operating Officer. Previously, Ms. Meservey was a Director in the office of the chairman at McLarty Associates, a global strategic advisory firm headquartered in Washington, D.C. Her previous experience includes positions with the World Bank, the MIT Lincoln Laboratory, and J.P. Morgan. Ms. Meservey holds a B.A. in political science from Yale University and an M.A. in law and diplomacy from The Fletcher School at Tufts University.
Recent Insider Transactions • Sep 14President & COO recently sold €778k worth of stockOn the 9th of September, Daniel Alegre sold around 10k shares on-market at roughly €77.85 per share. This transaction amounted to 94% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €805k. Daniel has been a net seller over the last 12 months, reducing personal holdings by €2.4m.
Recent Insider Transactions • Aug 05Chief Financial Officer recently sold €805k worth of stockOn the 3rd of August, Armin Zerza sold around 10k shares on-market at roughly €79.14 per share. This was the largest sale by an insider in the last 3 months. Armin has been a seller over the last 12 months, reducing personal holdings by €1.0m.
Reported Earnings • Aug 02Second quarter 2022 earnings released: EPS: US$0.36 (vs US$1.13 in 2Q 2021)Second quarter 2022 results: EPS: US$0.36 (down from US$1.13 in 2Q 2021). Revenue: US$1.64b (down 28% from 2Q 2021). Net income: US$280.0m (down 68% from 2Q 2021). Profit margin: 17% (down from 38% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 14%, compared to a 26% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Jul 09Activision Blizzard, Inc. to Report Q2, 2022 Results on Aug 01, 2022Activision Blizzard, Inc. announced that they will report Q2, 2022 results After-Market on Aug 01, 2022
공고 • Jun 22Activision Blizzard, Inc. Appoints Kerry Carr to Its BoardActivision Blizzard, Inc. announced the appointment of Kerry Carr to its board. As announced previously, Hendrik J. Hartong III and Casey Wasserman chose not to stand for reelection.
Recent Insider Transactions • Jun 04Chief Financial Officer recently sold €240k worth of stockOn the 1st of June, Armin Zerza sold around 3k shares on-market at roughly €72.79 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.1m. This was Armin's only on-market trade for the last 12 months.
Recent Insider Transactions • May 11Senior VP & Chief Accounting Officer recently sold €810k worth of stockOn the 5th of May, Jesse Yang sold around 11k shares on-market at roughly €74.89 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.1m. Insiders have been net sellers, collectively disposing of €1.8m more than they bought in the last 12 months.
공고 • May 02Activision Blizzard, Inc., Annual General Meeting, Jun 21, 2022Activision Blizzard, Inc., Annual General Meeting, Jun 21, 2022, at 09:00 Pacific Standard Time. Agenda: To consider the election of Directors; to approve executive compensation; and to consider the ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm;and to consider other matters.
Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: US$0.51 (vs US$0.80 in 1Q 2021)First quarter 2022 results: EPS: US$0.51 (down from US$0.80 in 1Q 2021). Revenue: US$1.77b (down 22% from 1Q 2021). Net income: US$395.0m (down 36% from 1Q 2021). Profit margin: 22% (down from 27% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 1.1%, compared to a 34% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 19% per year.
공고 • Apr 22+ 1 more updateActivision Blizzard, Inc. Announces Executive ChangesActivision Blizzard, Inc. announced that Hendrik J. Hartong III and Casey Wasserman notified the Company on April 16, 2022 that they have chosen to not stand for re-election at the 2022 Annual Meeting. Their service as directors will conclude upon the election of directors at the 2022 Annual Meeting, at which time the size of the Board will return to ten members.
공고 • Apr 12+ 1 more updateActivision Blizzard Appoints Kristen Hines as Chief Diversity, Equity, and Inclusion Officer, Effective April 25, 2022Activision Blizzard, Inc. announced the appointment of Kristen Hines as its new Chief Diversity, Equity, and Inclusion Officer, effective April 25, 2022. Hines will report to Julie Hodges, Chief People Officer, and will join the company’s senior leadership team. Hines joins Activision Blizzard from Accenture where she most recently led the Global Inclusion, Diversity and Equity practice, and sat on the firm’s global leadership team for the CEO Transformation practice. In that role, she helped organizations establish and strengthen their own DEI strategies and capabilities, ensuring success through integration with the business, data-driven accountability and continuous feedback loops between leaders and employees. Hines will play a crucial role in furthering Activision Blizzard’s commitment to increasing the percentage of women and non-binary people in its workforce by 50% over the next five years.
Upcoming Dividend • Apr 06Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 13 April 2022. Payment date: 06 May 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Austrian dividend payers (4.8%). Lower than average of industry peers (1.6%).
공고 • Mar 30Activision Blizzard, Inc. Announces Court to Approve Activision Agreement with EEOCOn March 29, 2022, the federal court indicated it would approve Activision Blizzard’s settlement with the EEOC . That settlement paves the way to compensate and make amends to eligible claimants. As part of the agreement with the EEOC, Activision agreed to: Create an $18 million fund to compensate eligible claimants; Continue enhancing policies, practices, and training to prevent harassment and discrimination in the workplace, including by implementing an expanded performance-review system. These improvements are underway; Engage a neutral, third-party equal employment opportunity consultant – a non-employee who must be approved by the EEOC – who will provide ongoing oversight of the Company’s compliance with the agreement. This independent consultant’s findings will be reported directly to the EEOC and Activision Blizzard’s Board of Directors.; Hire an internal EEO coordinator with relevant experience in gender discrimination, harassment, and related retaliation to assist the Company. Stacy Jackson began this position on March 16. In addition, in October 2021, Activision set a goal of increasing the representation of women and non-binary employees by 50% in the next five years. It also has committed to invest $250 million over the next 10 years in initiatives that foster expanded opportunities in gaming and technology for under-represented communities.
Recent Insider Transactions • Mar 23President & COO recently sold €1.1m worth of stockOn the 14th of March, Daniel Alegre sold around 15k shares on-market at roughly €72.52 per share. This was the largest sale by an insider in the last 3 months. Daniel has been a seller over the last 12 months, reducing personal holdings by €2.7m.
Reported Earnings • Feb 04Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: US$3.47 (up from US$2.85 in FY 2020). Revenue: US$8.80b (up 8.9% from FY 2020). Net income: US$2.70b (up 23% from FY 2020). Profit margin: 31% (up from 27% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.3%. Over the next year, revenue is forecast to grow 2.7%, compared to a 41% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 22% per year.
공고 • Feb 04Activision Blizzard, Inc. Declares Cash Dividend, Payable on May 6, 2022Activision Blizzard, Inc. announced that the Board of Directors declared a cash dividend of $0.47 per common share, payable on May 6, 2022 to shareholders of record at the close of business on April 15, 2022.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 29% share price gain to €72.20, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 24x in the Entertainment industry in Europe. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €101 per share.
Reported Earnings • Nov 03Third quarter 2021 earnings released: EPS US$0.82 (vs US$0.78 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: US$2.07b (up 5.9% from 3Q 2020). Net income: US$639.0m (up 5.8% from 3Q 2020). Profit margin: 31% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Executive Departure • Oct 01Chief People Officer Claudine Naughton has left the companyOn the 21st of September, Claudine Naughton's tenure as Chief People Officer ended after 2.1 years in the role. We don't have any record of a personal shareholding under Claudine's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.
공고 • Oct 01Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in A Securities Class Action Lawsuit Against Activision Blizzard, IncBernstein Liebhard reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Activision Blizzard Inc. from August 4, 2016 through July 27, 2021 (the "Class Period"). The lawsuit filed in the United States District Court for the Central District of California alleges violations of the Securities Act of 1934. According to the Complaint, the Company made false and misleading statements to the market throughout the Class Period. The Complaint alleges that Activision discriminated against both women and minorities employed by its organization. Numerous employee complaints of sexual harassment, retaliation, and other inappropriate activities were reported to human resources and executives, but unaddressed. The Company also failed to inform investors that it was under investigation by the California Department of Fair Employment and Housing (“DFEH”) over allegations of sexual harassment and other discrimination. Finally, in July 2021, Bloomberg Lawrevealed that DFEH had filed a lawsuit against Activision following a lengthy two-year investigation into the Company’s practices. Based on these facts, Activision’s public statements were false and materially misleading during the Class Period. On this news, the price of Activision shares fell $5.89 per share to close at $84.95 per share on July 27, 2021, thereby injuring investors.
Executive Departure • Sep 24Chief People Officer Claudine Naughton has left the companyOn the 21st of September, Claudine Naughton's tenure as Chief People Officer ended after 2.1 years in the role. We don't have any record of a personal shareholding under Claudine's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.33 years, which is considered inexperienced in the Simply Wall St Risk Model.
Executive Departure • Sep 24Chief People Officer Claudine Naughton has left the companyOn the 21st of September, Claudine Naughton's tenure as Chief People Officer ended after 2.1 years in the role. We don't have any record of a personal shareholding under Claudine's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.33 years, which is considered inexperienced in the Simply Wall St Risk Model.
Recent Insider Transactions • Aug 14Independent Director recently bought €1.4m worth of stockOn the 6th of August, Peter Nolan bought around 21k shares on-market at roughly €68.67 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €26m more in shares than they bought in the last 12 months.
Recent Insider Transactions • Aug 12Independent Director recently bought €1.4m worth of stockOn the 6th of August, Peter Nolan bought around 21k shares on-market at roughly €68.67 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €26m more in shares than they bought in the last 12 months.
공고 • Aug 06Rosen Law Firm Files Class Action Lawsuit on Behalf of Purchasers of the Securities of Activision Blizzard, Inc. Between August 4, 2016 and July 27, 2021, InclusiveRosen Law Firm filed class action lawsuit on behalf of purchasers of the securities of Activision Blizzard, Inc. between August 4, 2016 and July 27, 2021, inclusive. The lawsuit seeks to recover damages for Activision Blizzard investors under the federal securities laws. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: Activision Blizzard discriminated against women and minority employees; Activision Blizzard fostered a pervasive "frat boy" workplace culture that continues to thrive; numerous complaints about unlawful harassment, discrimination, and retaliation were made to human resources personnel and executives which went unaddressed; the pervasive culture of harassment, discrimination, and retaliation would result in serious impairments to Activision Blizzard's operations; as a result as a result of the foregoing, the Company was at greater risk of regulatory and legal scrutiny and enforcement, including that which would have a material adverse effect; Activision Blizzard failed to inform shareholders that the California Department of Fair Employment and Housing had been investigating Activision Blizzard for harassment and discrimination; and as a result, Defendants' statements about Activision Blizzard's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS US$1.13 (vs US$0.75 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$2.30b (up 19% from 2Q 2020). Net income: US$876.0m (up 51% from 2Q 2020). Profit margin: 38% (up from 30% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공고 • Aug 05Activision Blizzard, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2021Activision Blizzard, Inc. provided earnings guidance for the third quarter and full year of 2021. For the third quarter, the company expects GAAP net revenue of $1,970 million. GAAP EPS of $0.64. For the full year, the company expects GAAP net revenue of $8,515 million. GAAP EPS of $3.08.
Executive Departure • Aug 05President & CEO of Blizzard Entertainment Inc J. Brack has left the companyDuring their tenure, earnings grew by 74% annually compared to the industry average of 20%. On the 3rd of August, J. Brack left the company after 2.8 in the role. We don't have any record of a personal shareholding under Brack's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model.
Executive Departure • Aug 05President & CEO of Blizzard Entertainment Inc J. Brack has left the companyDuring their tenure, earnings grew by 74% annually compared to the industry average of 20%. On the 3rd of August, J. Brack left the company after 2.8 in the role. We don't have any record of a personal shareholding under Brack's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model.
공고 • Jun 28+ 4 more updatesActivision Blizzard, Inc.(NasdaqGS:ATVI) dropped from Russell 1000 Dynamic IndexActivision Blizzard, Inc.(NasdaqGS:ATVI) dropped from Russell 1000 Dynamic Index
Executive Departure • Jun 15Chief Legal Officer Christopher Walther has left the companyOn the 14th of June, Christopher Walther's tenure as Chief Legal Officer ended after 11.6 years in the role. As of March 2021, Christopher still personally held 39.68k shares (€3.2m worth at the time). Christopher is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model.
Recent Insider Transactions • May 15Independent Director recently bought €1.6m worth of stockOn the 10th of May, Peter Nolan bought around 20k shares on-market at roughly €78.18 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €52m more in shares than they bought in the last 12 months.
Reported Earnings • May 06First quarter 2021 earnings released: EPS US$0.80 (vs US$0.66 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: US$2.28b (up 27% from 1Q 2020). Net income: US$619.0m (up 23% from 1Q 2020). Profit margin: 27% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공고 • May 05+ 1 more updateActivision Blizzard, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2021Activision Blizzard, Inc. provided earnings guidance for the second quarter and full year of fiscal 2021. For the quarter, the company expects Net Revenues of $2,135 million and EPS of $0.81. For the full year, the company expects Net Revenues of $8,370 million and EPS of $2.91.
Upcoming Dividend • Apr 07Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 14 April 2021. Payment date: 06 May 2021. Trailing yield: 0.5%. Lower than top quartile of Austrian dividend payers (3.2%). Lower than average of industry peers (1.8%).
공고 • Mar 03Activision Blizzard, Inc. Appoints Frances F. Townsend as Corporate Secretary and Chief Compliance OfficerActivision Blizzard announced that Frances F. Townsend has joined the company as the Executive Vice President for Corporate Affairs and has been appointed by the Board of Directors to serve as Corporate Secretary and Chief Compliance Officer. She also will oversee Government Affairs, Public Policy, and Communications among other corporate functions. Townsend brings a wealth of experience that spans government, legal, and business affairs work at the highest levels, most recently as vice chairman, general counsel and chief administrative officer at MacAndrews & Forbes, Inc. Prior to that, she was a corporate partner with Baker Botts LLP. From 2004 to 2008, Townsend served as the assistant for homeland security and counterterrorism to President George W. Bush, chairing the Homeland Security Council during a pivotal period for the United States. Townsend also served as deputy national security advisor for combating terrorism from 2003 to 2004. She spent thirteen years at the U.S. Department of Justice under the administrations of Presidents George H.W. Bush, Bill Clinton, and George W. Bush.
Reported Earnings • Feb 25Full year 2020 earnings released: EPS US$2.85 (vs US$1.96 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$8.09b (up 25% from FY 2019). Net income: US$2.20b (up 46% from FY 2019). Profit margin: 27% (up from 23% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 25Revenue beats expectationsRevenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 5.4%, compared to a 36% growth forecast for the Entertainment industry in Austria.
공고 • Feb 24Activision Announces Tony Hawk’s™ Pro Skater™ 1 and 2 Makes its Way to PlayStation® 5 and Xbox Series X|S on March 26Activision announced that Tony Hawk’s™ Pro Skater™ 1 and 2 makes its way to PlayStation® 5 and Xbox Series X|S on March 26 and lands on Nintendo Switch™ for the first time in 2021. The upcoming, next-gen versions of Tony Hawk’s Pro Skater 1 and 2 will give players a variety of upgrades, such as super crisp 120 FPS at 1080P, native 4K at 60 FPS1, spatial audio and more, while the game on Nintendo Switch™ will give fans the chance to ollie with Tony Hawk and the line-up of pro-skaters on-the-go. As the fastest Tony Hawk’s Pro Skater game to sell 1 million units2, Tony Hawk’s Pro Skater 1 and 2 is a faithful remaster of the first two iconic games in the franchise, blending all the original levels, pro-skaters, old-school tricks and more that gamers remember from the ‘90s and 2000s with new, beautifully recreated levels. High-fidelity atmospherics will be added to the next-gen upgrade for Tony Hawk’s Pro Skater 1 and 2. This unique graphical feature will allow players to enjoy the experience of sharper dynamic shadows, reflections and lens flares, as well as enhanced skater textures and more on next-gen consoles. Digital players can upgrade to the Cross-Gen Deluxe Bundle with all the added features for an additional $10 SRP. The upgrade includes access to the secret skater Ripper (a.k.a. the infamous Powell-Peralta mascot), retro gear for Create-A-Skater mode, and retro skins for Tony Hawk, Steve Caballero and Rodney Mullen. Additionally, Activision Blizzard, Inc. is giving fans who already own the digital deluxe version of the game on PlayStation® 4 and Xbox One a next-gen upgrade at no cost (except in Japan) on March 26. Getting to this milestone was no skate in the park. Skateboard icon Tony Hawk requested the help of videogame icon Crash Bandicoot to bring the remaster to new platforms, following the announcement that Crash Bandicoot 4: It’s About Time would be coming to next-gen platforms and Nintendo Switch™ on March 12. Crash, whose Bandicoot-branded swag appeared in Tony Hawk’s Pro Skater 1 and 2 this past November, leveraged his clout in exchange for a personal skating lesson from the original birdman himself, resulting in playful Twitter banter between the two videogame icons. Pre-orders for Tony Hawk’s Pro Skater 1 and 2 on PlayStation® 5, Xbox Series X|S and Nintendo Switch™ start February 23, 2021 in select territories. Tony Hawk’s Pro Skater 1 and 2 is available now for PlayStation® 4, PlayStation® 4 Pro, the family of Xbox One devices from Microsoft, including the Xbox One X, and on PC through the Epic platform.
Is New 90 Day High Low • Feb 06New 90-day high: €84.23The company is up 27% from its price of €66.22 on 06 November 2020. The Austrian market is up 38% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €79.96 per share.
Analyst Estimate Surprise Post Earnings • Feb 06Revenue beats expectationsRevenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 2.9%, compared to a 38% growth forecast for the Entertainment industry in Austria.
Is New 90 Day High Low • Jan 18New 90-day high: €75.16The company is up 11% from its price of €67.78 on 20 October 2020. The Austrian market is up 32% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €68.95 per share.
공고 • Jan 12Activision Blizzard, Inc. to Report Q4, 2020 Results on Feb 04, 2021Activision Blizzard, Inc. announced that they will report Q4, 2020 results After-Market on Feb 04, 2021
Is New 90 Day High Low • Dec 15New 90-day high: €70.77The company is up 3.0% from its price of €68.67 on 15 September 2020. The Austrian market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €60.06 per share.
Recent Insider Transactions • Dec 11Independent Director recently sold €665k worth of stockOn the 4th of December, Casey Wasserman sold around 10k shares on-market at roughly €66.54 per share. In the last 3 months, there was an even bigger sale from another insider worth €25m. Insiders have been net sellers, collectively disposing of €53m more than they bought in the last 12 months.
Is New 90 Day High Low • Nov 10New 90-day low: €63.87The company is down 8.0% from its price of €69.17 on 12 August 2020. The Austrian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €49.65 per share.
Recent Insider Transactions • Nov 06Chairman of the Board recently sold €25m worth of stockOn the 4th of November, Brian Kelly sold around 375k shares on-market at roughly €65.85 per share. This was the largest sale by an insider in the last 3 months. Brian has been a seller over the last 12 months, reducing personal holdings by €50m.
Reported Earnings • Nov 02Third quarter 2020 earnings released: EPS US$0.78The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$1.95b (up 52% from 3Q 2019). Net income: US$604.0m (up 196% from 3Q 2019). Profit margin: 31% (up from 16% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.