What will Activision shareholders get?

Activision stockholders will receive $95 for each share of Activision they owned prior to the close. Activision CEO Bobby Kotick will stay on in his role through the end of 2023, he wrote in an email to employees that was shared by the firm.
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What will happen to my Activision shares?

How will this impact my holdings? Each of your Activision Blizzard shares will be exchanged for $95.00 per share. This cash will be deposited into your Cash App balance. You will no longer own an interest in Activision Blizzard or their acquirer, Microsoft.
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What happens to my ATVI options?

What happens to vested options: Activision Blizzard stock options that have vested prior to merger closing (other than underwater options) will be cancelled in exchange for a cash payment equal to the excess, if any, of the per share merger consideration of $95.00 over the exercise price, less any applicable tax ...
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How much is Microsoft paying for Activision shares?

On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion. The deal was concluded on October 13, 2023, with the total cost of the acquisition amounting to $75.4 billion.
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Why is ATVI not trading at $95?

Activision Still Trading Below Offer Price

The stock closed at $91.66, below Microsoft's offer price of $95. Due to uncertainties that have plagued the deal, Activision Blizzard shares never formed the narrow trading range that you typically see in a company whose acquisition is all but certain.
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Microsoft Buys Activision | What This Means For Shareholders

Should I sell my Activision stock?

Activision Blizzard's analyst rating consensus is a Hold.
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Does Warren Buffett own ATVI?

Activision Blizzard (ATVI)

He's basically betting that Microsoft's acquisition would close as planned. Buffett initially bought just under 50 million shares of ATVI stock. The position is now down to 14.7 million shares as Buffett has steadily reduced his holding.
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Why did Warren Buffett sell Activision?

The Activision investment was a form of arbitrage, with Buffett viewing investors as too pessimistic that regulators would approve combining Microsoft's Xbox gaming console business with the publisher of the "Call of Duty" and "Candy Crush" franchises.
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Is Activision Blizzard a good stock to buy?

Activision Blizzard has received a consensus rating of Hold. The company's average rating score is 2.06, and is based on 1 buy rating, 16 hold ratings, and no sell ratings.
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How much is Activision stock takeover?

Microsoft (MSFT) on Friday finalized its $69 billion purchase of "Call of Duty" maker Activision Blizzard (ATVI), according to a regulatory filing from the company Friday, in what is the largest-ever merger for the gaming market.
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Will ATVI stock go up?

ATVI Growth & Outlook

Fiscal 2022 earnings are now expected to drop -18% but rebound and jump 29% in FY23 at $3.91 per share. Even better, earnings estimate revisions have started to go up for both FY22 and FY23 over the last 60 days.
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What is the break up fee for Microsoft ATVI?

Both Microsoft and Activision had agreed that either party could walk away from the planned merger if it hadn't closed by then, triggering Microsoft to potentially have to pay a $3 billion breakup fee unless both sides decided to renegotiate. That termination fee has been increased to $3.5 billion with the extension.
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How often does Activision pay dividends?

Dividend Summary

There is typically 1 dividend per year (excluding specials), and the dividend cover is approximately 7.4. Our premium tools have predicted Activision Blizzard Inc with 96% accuracy.
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How much dividends does Activision pay?

Activision Blizzard Dividend Information

Activision Blizzard has a dividend yield of 1.05% and paid $0.99 per share in the past year. The dividend is paid once per year and the last ex-dividend date was Aug 1, 2023.
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How many shares of Activision are there?

Number of shares outstanding as of February 2024 : 786,000,000. According to Activision Blizzard's latest financial reports and stock price the company's current number of shares outstanding is 786,000,000. At the end of 2023 the company had 786,000,000 shares outstanding.
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Is ATVI overvalued?

What is the Intrinsic Value of one ATVI stock? The intrinsic value of one ATVI stock under the Base Case scenario is 67.72 USD. Is ATVI stock undervalued or overvalued? Compared to the current market price of 94.42 USD, Activision Blizzard Inc is Overvalued by 28%.
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Is Activision Blizzard a good long term investment?

Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Shares of Activision Blizzard, Inc have increased 12.05% over the past quarter, and have gained 20.03% in the last year. On the other hand, the S&P 500 has only moved 3.45% and 15.85%, respectively.
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Who is Activision Blizzard's biggest competitor?

Activision Blizzard's competitors
  • Playtika.
  • Zynga.
  • Electronic Arts.
  • Take-Two Interactive.
  • Epic Games.
  • Ubisoft.
  • Nintendo.
  • Twitch.
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Who owns most of Activision?

Largest shareholders include VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Farallon Capital Management Llc, VFINX - Vanguard 500 Index Fund Investor Shares, Davidson Kempner Capital Management Lp, Norges Bank, FXAIX - Fidelity 500 Index Fund, Spdr S&p 500 Etf Trust, Hudson Bay Capital Management LP, ...
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What stock did Warren Buffett dump?

Warren Buffett dumped his entire $850m stake in GM and cut back on Amazon as Berkshire Hathaway built its record $157bn cash pile. Warren Buffett, chairman and CEO of Berkshire Hathaway, makes his way to a morning session at the Allen & Company Sun Valley Conference on July 14, 2023 in Sun Valley, Idaho.
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Why would Microsoft buy Activision?

As Singh put it, in one shot, the Activision purchase enables Microsoft to shorten time-to-market with new gaming products, expand its reach, and deepen its penetration in those markets.
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Does Berkshire Hathaway still own Activision?

After building a 9.5% stake in Activision in early 2022, Berkshire sold a significant portion by the end of the year. At that time, it held just 6.7% of the company. It's very likely Buffett didn't make any profit on the sale of those shares. He sold more in 2023, roughly 72% of his remaining stake.
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Did Warren Buffett buy Activision stock?

Buffett's view was that the risk/reward looked attractive. Most of the Activision holding was bought by Buffett and the rest by one of his two investment lieutenants, Ted Weschler or Todd Combs, who run about 10% of Berkshire Hathaway's equity portfolio.
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What share price is MSFT buying ATVI?

Activision Blizzard (ATVI) stock is trading at around $80 per share, below the $95 bid by MSFT.
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