Take-Two Interactive Software (NASDAQ:TTWO) Director Sells $86,465.68 in Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Ellen Siminoff sold 413 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $209.36, for a total value of $86,465.68. Following the completion of the transaction, the director directly owned 2,143 shares in the company, valued at approximately $448,658.48. This represents a 16.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Take-Two Interactive Software Stock Performance

TTWO traded down $0.97 during midday trading on Tuesday, reaching $206.72. The company had a trading volume of 1,585,202 shares, compared to its average volume of 2,311,201. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.71. The business has a 50-day moving average of $220.36 and a two-hundred day moving average of $238.78. The company has a market cap of $38.28 billion, a P/E ratio of -9.24, a P/E/G ratio of 8.54 and a beta of 0.94. Take-Two Interactive Software, Inc. has a 1 year low of $188.56 and a 1 year high of $264.79.

Hedge Funds Weigh In On Take-Two Interactive Software

Several institutional investors have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. grew its position in shares of Take-Two Interactive Software by 45.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 44,875 shares of the company’s stock valued at $11,489,000 after purchasing an additional 14,050 shares in the last quarter. World Investment Advisors increased its stake in Take-Two Interactive Software by 17.0% in the 4th quarter. World Investment Advisors now owns 1,363 shares of the company’s stock worth $349,000 after acquiring an additional 198 shares during the last quarter. Nalls Sherbakoff Group LLC purchased a new stake in shares of Take-Two Interactive Software during the 4th quarter worth approximately $51,000. AG Campbell Advisory LLC purchased a new stake in shares of Take-Two Interactive Software during the 4th quarter worth approximately $698,000. Finally, EJMK Ventures LLC bought a new position in shares of Take-Two Interactive Software during the 4th quarter valued at approximately $212,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on TTWO. Weiss Ratings restated a “sell (d)” rating on shares of Take-Two Interactive Software in a research note on Wednesday, January 21st. TD Cowen reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Tuesday, November 25th. Morgan Stanley raised their price objective on shares of Take-Two Interactive Software from $275.00 to $280.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. UBS Group lifted their target price on shares of 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. Finally, Arete Research raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 target price for the company in a report on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $284.44.

Take-Two Interactive Software Company 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.