Insider Selling: Take-Two Interactive Software (NASDAQ:TTWO) Director Sells 500 Shares of Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWOGet Free Report) Director Jon Moses sold 500 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $215.22, for a total transaction of $107,610.00. Following the completion of the transaction, the director directly owned 22,368 shares in the company, valued at $4,814,040.96. This trade represents a 2.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Take-Two Interactive Software Trading Down 0.8%

Shares of NASDAQ TTWO traded down $1.94 during mid-day trading on Wednesday, hitting $228.03. The company’s stock had a trading volume of 2,673,707 shares, compared to its average volume of 2,193,214. The stock has a market cap of $42.34 billion, a price-to-earnings ratio of -140.76, a price-to-earnings-growth ratio of 4.27 and a beta of 0.98. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.24 and a quick ratio of 1.24. Take-Two Interactive Software, Inc. has a one year low of $187.63 and a one year high of $264.79. The company’s fifty day simple moving average is $218.18 and its 200-day simple moving average is $223.00.

Analyst Ratings Changes

Several research analysts have recently issued reports on TTWO shares. Wells Fargo & Company reduced their target price on shares of Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating on the stock in a research note on Friday, May 22nd. Piper Sandler reissued an “overweight” rating on shares of Take-Two Interactive Software in a research note on Tuesday. Benchmark restated a “buy” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. BMO Capital Markets restated an “outperform” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. Finally, DA Davidson restated a “buy” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $287.06.

Get Our Latest Stock Report on Take-Two Interactive Software

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TTWO. Vanguard Group Inc. raised its holdings in Take-Two Interactive Software by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 21,868,194 shares of the company’s stock worth $5,598,914,000 after buying an additional 166,661 shares during the period. State Street Corp raised its holdings in Take-Two Interactive Software by 3.5% during the 4th quarter. State Street Corp now owns 11,402,978 shares of the company’s stock worth $2,919,362,000 after buying an additional 390,331 shares during the period. Geode Capital Management LLC raised its holdings in Take-Two Interactive Software by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 4,869,112 shares of the company’s stock worth $1,242,204,000 after buying an additional 60,893 shares during the period. Invesco Ltd. raised its holdings in Take-Two Interactive Software by 0.6% during the 4th quarter. Invesco Ltd. now owns 2,889,144 shares of the company’s stock worth $739,707,000 after buying an additional 16,758 shares during the period. Finally, Norges Bank acquired a new stake in Take-Two Interactive Software during the 4th quarter worth approximately $735,389,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

About Take-Two Interactive Software

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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