Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Get Free Report) Director Jon Moses sold 500 shares of the stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $244.61, for a total value of $122,305.00. Following the sale, the director directly owned 21,868 shares of the company’s stock, valued at $5,349,131.48. The trade was a 2.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Take-Two Interactive Software Price Performance
Shares of NASDAQ TTWO traded up $3.07 during trading on Tuesday, hitting $242.64. 3,048,995 shares of the company were exchanged, compared to its average volume of 2,261,692. The company has a market cap of $45.05 billion, a price-to-earnings ratio of -149.78, a PEG ratio of 4.73 and a beta of 0.98. Take-Two Interactive Software, Inc. has a 1 year low of $187.63 and a 1 year high of $264.79. The firm’s fifty day moving average price is $221.20 and its 200 day moving average price is $222.72. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.24 and a quick ratio of 1.24.
Wall Street Analyst Weigh In
TTWO has been the topic of a number of research reports. BMO Capital Markets restated an “outperform” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. Benchmark reiterated a “buy” rating on shares of Take-Two Interactive Software in a research report on Friday, May 22nd. Bank of America upped their target price on Take-Two Interactive Software from $320.00 to $368.00 and gave the company a “buy” rating in a report on Tuesday. Piper Sandler restated an “overweight” rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. Finally, DA Davidson reiterated a “buy” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $292.25.
Institutional Investors Weigh In On Take-Two Interactive Software
A number of large investors have recently bought and sold shares of the stock. Norges Bank purchased a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at $735,389,000. AQR Capital Management LLC raised its holdings in shares of Take-Two Interactive Software by 162.1% in the 4th quarter. AQR Capital Management LLC now owns 1,138,738 shares of the company’s stock worth $291,551,000 after purchasing an additional 704,316 shares during the period. Amundi lifted its stake in shares of Take-Two Interactive Software by 38.1% in the 1st quarter. Amundi now owns 2,493,985 shares of the company’s stock valued at $492,562,000 after purchasing an additional 688,133 shares in the last quarter. Alyeska Investment Group L.P. grew its holdings in shares of Take-Two Interactive Software by 44.6% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,842,927 shares of the company’s stock worth $471,845,000 after purchasing an additional 568,263 shares during the period. Finally, Bessemer Group Inc. grew its holdings in shares of Take-Two Interactive Software by 53.1% during the 4th quarter. Bessemer Group Inc. now owns 1,456,186 shares of the company’s stock worth $372,828,000 after purchasing an additional 505,000 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Take-Two Interactive Software
- Oracle’s Sell-Off Looks More Like a Mispricing Than a Warning
- Apple’s Intel Deal Arrives at the Right Time for Its Stock
- Liquid Gold: The AI Cooling Retrofit Trade
- 3 Dividend Stocks Under $30 to Anchor Your Portfolio
Receive News & Ratings for Take-Two Interactive Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software and related companies with MarketBeat.com's FREE daily email newsletter.
