Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Get Free Report) Director Michael Sheresky sold 484 shares of the company’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $203.69, for a total transaction of $98,585.96. Following the transaction, the director owned 66,010 shares in the company, valued at approximately $13,445,576.90. This trade represents a 0.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Michael Sheresky also recently made the following trade(s):
- On Monday, August 17th, Michael Sheresky sold 127 shares of Take-Two Interactive Software stock. The stock was sold at an average price of $245.01, for a total transaction of $31,116.27.
Take-Two Interactive Software Stock Performance
Shares of NASDAQ TTWO traded up $0.73 during midday trading on Monday, reaching $203.46. The company had a trading volume of 2,227,945 shares, compared to its average volume of 2,331,946. The business’s 50-day simple moving average is $225.87 and its 200 day simple moving average is $223.67. The stock has a market cap of $38.04 billion, a P/E ratio of -117.61, a P/E/G ratio of 1.41 and a beta of 0.97. Take-Two Interactive Software, Inc. has a 1 year low of $187.63 and a 1 year high of $265.94. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.52.
Hedge Funds Weigh In On Take-Two Interactive Software
Several institutional investors and hedge funds have recently modified their holdings of TTWO. Patriot Financial Group Insurance Agency LLC boosted its holdings in Take-Two Interactive Software by 597.1% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 5,744 shares of the company’s stock worth $1,134,000 after buying an additional 4,920 shares during the last quarter. Primecap Management Co. CA acquired a new position in shares of Take-Two Interactive Software during the second quarter valued at approximately $23,480,000. Rockefeller Capital Management L.P. lifted its position in shares of Take-Two Interactive Software by 45.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 44,875 shares of the company’s stock valued at $11,489,000 after acquiring an additional 14,050 shares in the last quarter. Corient Private Wealth LP lifted its position in shares of Take-Two Interactive Software by 22.4% in the second quarter. Corient Private Wealth LP now owns 30,018 shares of the company’s stock valued at $7,504,000 after acquiring an additional 5,484 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board acquired a new stake in shares of Take-Two Interactive Software in the second quarter worth approximately $37,090,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.
Wall Street Analysts Forecast Growth
TTWO has been the topic of several analyst reports. Piper Sandler reaffirmed an “overweight” rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. Wedbush restated an “outperform” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research note on Monday, August 10th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Take-Two Interactive Software in a report on Tuesday, July 28th. UBS Group set a $310.00 price target on Take-Two Interactive Software in a research report on Monday, September 28th. Finally, Benchmark restated a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $298.89.
View Our Latest Stock Report on TTWO
About Take-Two Interactive Software
Take-Two Interactive Software, Inc is a global video game publisher and developer headquartered in New York City. Founded in 1993, the company creates and publishes interactive entertainment for consoles, personal computers and mobile devices, serving customers in markets around the world.
Take-Two operates through well-known publishing labels including Rockstar Games, 2K and Zynga. Its portfolio includes the Grand Theft Auto and Red Dead Redemption franchises, as well as NBA 2K, WWE 2K, Borderlands, BioShock, Sid Meier’s Civilization and other sports, action, strategy and role-playing titles.
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