Daniel Emerson Sells 1,698 Shares of Take-Two Interactive Software (NASDAQ:TTWO) Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) insider Daniel Emerson sold 1,698 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $213.62, for a total value of $362,726.76. Following the sale, the insider owned 125,001 shares in the company, valued at $26,702,713.62. The trade was a 1.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO traded up $2.40 during trading on Monday, reaching $213.88. The stock had a trading volume of 1,966,019 shares, compared to its average volume of 3,073,111. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a market cap of $39.61 billion, a PE ratio of -9.56, a P/E/G ratio of 8.66 and a beta of 0.94. Take-Two Interactive Software, Inc. has a one year low of $188.56 and a one year high of $264.79. The firm’s 50 day moving average price is $228.88 and its two-hundred day moving average price is $240.13.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Arete Research raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 target price on the stock in a report on Monday, December 1st. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, February 2nd. Weiss Ratings restated a “sell (d)” rating on shares of Take-Two Interactive Software in a research report on Wednesday, January 21st. Raymond James Financial raised Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 target price on the stock in a research report on Tuesday, February 10th. Finally, UBS Group raised their target price on Take-Two Interactive Software from $292.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $283.94.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Private Trust Co. NA increased its stake 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 during the period. Miracle Mile Advisors LLC increased its stake 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 valued at $1,996,000 after acquiring an additional 39 shares during the period. Mather Group LLC. increased 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 during the period. Blue Trust Inc. raised its holdings in Take-Two Interactive Software by 42.9% during the third quarter. Blue Trust Inc. now owns 150 shares of the company’s stock worth $39,000 after purchasing an additional 45 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in 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 worth $50,000 after purchasing an additional 45 shares during the period. Institutional investors 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.