Activision Management Sell Shares

Activision put out good numbers but the stock took a hit from surprising source – insider selling. Regulatory filing was accompanied with normal soothing comments about the sale. It was interesting to notice that it was widely speculated on the markets that this sale brushes off acquisition speculations.

I would like to offer different view, as the management owns less stock they have less personal feelings for the company and are more willing to sell it off. Now there were also some “homeless” stocks on markets and somebody grabbed them. I am actually betting on the coming consolidation of Activision ownership.