Take-Two Interactive Software (NASDAQ:TTWO) Director Sells 155 Shares

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Michael Sheresky sold 155 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $194.73, for a total transaction of $30,183.15. Following the transaction, the director directly owned 65,626 shares of the company’s stock, valued at $12,779,350.98. The trade was a 0.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Take-Two Interactive Software Price Performance

TTWO stock traded up $2.24 during mid-day trading on Thursday, hitting $201.37. The company had a trading volume of 2,139,216 shares, compared to its average volume of 2,510,095. The company has a 50-day moving average price of $235.07 and a 200 day moving average price of $241.25. Take-Two Interactive Software, Inc. has a 12-month low of $188.56 and a 12-month high of $264.79. The company has a market capitalization of $37.29 billion, a price-to-earnings ratio of -9.00, a P/E/G ratio of 10.36 and a beta of 0.92. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.71.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Private Trust Co. NA lifted its holdings in Take-Two Interactive Software by 27.1% during the 3rd quarter. Private Trust Co. NA now owns 183 shares of the company’s stock valued at $47,000 after buying an additional 39 shares in the last quarter. Miracle Mile Advisors LLC increased its position in shares of Take-Two Interactive Software by 0.5% during the third quarter. Miracle Mile Advisors LLC now owns 7,727 shares of the company’s stock worth $1,996,000 after acquiring an additional 39 shares during the period. Mather Group LLC. raised its stake in shares of Take-Two Interactive Software by 2.7% during the third quarter. Mather Group LLC. now owns 1,484 shares of the company’s stock valued at $383,000 after acquiring an additional 39 shares in the last quarter. Blue Trust Inc. raised its stake in shares of Take-Two Interactive Software by 42.9% during the third quarter. Blue Trust Inc. now owns 150 shares of the company’s stock valued at $39,000 after acquiring an additional 45 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Take-Two Interactive Software by 30.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 195 shares of the company’s stock valued at $50,000 after purchasing an additional 45 shares during the period. 95.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on TTWO shares. Benchmark restated a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, February 2nd. B. Riley Financial assumed coverage on Take-Two Interactive Software in a research report on Wednesday, December 10th. They set a “buy” rating and a $300.00 target price for the company. Jefferies Financial Group raised their target price on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Wells Fargo & Company boosted their price target on shares of Take-Two Interactive Software from $288.00 to $301.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. Finally, Wall Street Zen downgraded shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research note on Sunday, November 2nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and a consensus target price of $283.94.

About Take-Two Interactive Software

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.