Take-Two Interactive Software (NASDAQ:TTWO) Director Sells 413 Shares

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Ellen Siminoff sold 413 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $200.00, for a total value of $82,600.00. Following the sale, the director directly owned 2,286 shares of the company’s stock, valued at $457,200. The trade was a 15.30% 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 Stock Performance

Shares of NASDAQ TTWO traded up $2.24 during mid-day trading on Thursday, hitting $201.37. 2,139,216 shares of the company were exchanged, compared to its average volume of 2,510,095. The stock has a 50 day simple moving average of $235.07 and a 200-day simple moving average of $241.25. Take-Two Interactive Software, Inc. has a 1-year low of $188.56 and a 1-year high of $264.79. 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 firm has a market cap of $37.29 billion, a price-to-earnings ratio of -9.00, a price-to-earnings-growth ratio of 10.36 and a beta of 0.92.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on TTWO shares. DA Davidson reiterated a “buy” rating and set a $300.00 target price on shares of Take-Two Interactive Software in a research report on Wednesday, February 4th. Wall Street Zen cut Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research report on Sunday, November 2nd. Weiss Ratings restated a “sell (d)” rating on shares of Take-Two Interactive Software in a research report on Wednesday, January 21st. Morgan Stanley increased their price target on shares of Take-Two Interactive Software from $275.00 to $280.00 and gave the company an “overweight” rating in a report on Tuesday, January 13th. Finally, Wedbush reiterated an “outperform” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $283.94.

Institutional Investors Weigh In On Take-Two Interactive Software

Large investors have recently added to or reduced their stakes in the business. MCF Advisors LLC purchased a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at about $25,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Take-Two Interactive Software during the third quarter worth $26,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Take-Two Interactive Software in the second quarter worth $27,000. GHP Investment Advisors Inc. purchased a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at $28,000. Finally, Pinnacle Bancorp Inc. purchased a new stake in shares of Take-Two Interactive Software in the third quarter valued at $29,000. 95.46% of the stock is owned by institutional investors and hedge funds.

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.