DJE Kapital AG acquired a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) in the first quarter, HoldingsChannel.com reports. The fund acquired 51,205 shares of the company’s stock, valued at approximately $9,988,000.
Several other institutional investors and hedge funds have also recently modified their holdings of TTWO. MCF Advisors LLC purchased a new position in shares of Take-Two Interactive Software in the fourth quarter worth $25,000. GHP Investment Advisors Inc. purchased a new position in Take-Two Interactive Software during the fourth quarter valued at $28,000. MV Capital Management Inc. purchased a new position in Take-Two Interactive Software during the fourth quarter valued at $34,000. Rachor Investment Advisory Services LLC bought a new stake in Take-Two Interactive Software in the 4th quarter valued at $34,000. Finally, True Wealth Design LLC increased its holdings in Take-Two Interactive Software by 91.9% in the 4th quarter. True Wealth Design LLC now owns 142 shares of the company’s stock valued at $36,000 after acquiring an additional 68 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.
Insider Activity at Take-Two Interactive Software
In other news, CEO Strauss Zelnick sold 208,969 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $227.34, for a total value of $47,507,012.46. Following the completion of the sale, the chief executive officer owned 1,006,021 shares in the company, valued at approximately $228,708,814.14. This trade represents a 17.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael Dornemann sold 1,151 shares of Take-Two Interactive Software stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $217.02, for a total transaction of $249,790.02. Following the transaction, the director directly owned 20,374 shares of the company’s stock, valued at approximately $4,421,565.48. This represents a 5.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 569,936 shares of company stock valued at $128,431,438 over the last three months. Corporate insiders own 1.34% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on TTWO
Take-Two Interactive Software Stock Performance
NASDAQ TTWO opened at $238.98 on Tuesday. The business’s 50 day moving average price is $233.74 and its 200-day moving average price is $222.37. Take-Two Interactive Software, Inc. has a fifty-two week low of $187.63 and a fifty-two week high of $265.94. The company has a market cap of $44.37 billion, a P/E ratio of -147.52, a P/E/G ratio of 4.54 and a beta of 0.96. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.24 and a current ratio of 1.24.
Take-Two Interactive Software Profile
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.
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