Wednesday, August 09, 2017 10:15 PM ET
Activision Buzzard (ATVI) Insider Makes Significant Share Sale
A significant insider sale of the shares of Activision Buzzard was indicated in a form 4 document filed with the SEC today, showing — Brian G Kelly, Director — sold 3,685,000 shares in the company having a market value of approximately $228,203,824. This is the first insider buy/sell trade in the past 90 days.
The level of buy-sell trading at Activision Buzzard is near the 12 member peer company average. The Internet Gaming peer group saw 8 buy/sell trades during this period for an average of 0.7 transactions per company. However, the number of shares per buy/sell trade transacted by Activision Buzzard insiders is higher. Within the peer group there were 26,639 shares purchased and 1,806,010 shares sold with company insiders selling 222,421 shares on average.
In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data used to create and write this story.
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