Take-Two Interactive Software (NASDAQ:TTWO) Director Ellen Siminoff Sells 413 Shares of Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Ellen Siminoff sold 413 shares of the company’s stock in a transaction that occurred 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 transaction, the director owned 2,143 shares in the company, valued at $448,658.48. This trade represents a 16.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Take-Two Interactive Software Trading Down 0.5%

TTWO opened at $206.72 on Wednesday. The stock has a market cap of $38.28 billion, a PE ratio of -9.24, a PEG ratio of 8.51 and a beta of 0.94. 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 $219.41 and a 200-day moving average of $238.60. Take-Two Interactive Software, Inc. has a 52 week low of $188.56 and a 52 week high of $264.79.

Analysts Set New Price Targets

Several brokerages have commented on TTWO. Zacks Research lowered Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 12th. Morgan Stanley upped their target price on shares of Take-Two Interactive Software from $275.00 to $280.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 13th. Arete Research upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 price target for the company in a research note on Monday, December 1st. B. Riley Financial assumed coverage on shares of Take-Two Interactive Software in a research report on Wednesday, December 10th. They set a “buy” rating and a $300.00 price target for the company. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Take-Two Interactive Software in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $284.44.

Institutional Investors Weigh In On Take-Two Interactive Software

Several hedge funds have recently added to or reduced their stakes in TTWO. Vanguard Group Inc. grew its stake in shares of Take-Two Interactive Software by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 21,868,194 shares of the company’s stock worth $5,598,914,000 after acquiring an additional 166,661 shares during the last quarter. State Street Corp raised its position in shares of Take-Two Interactive Software by 3.5% in the 4th quarter. State Street Corp now owns 11,402,978 shares of the company’s stock worth $2,919,362,000 after purchasing an additional 390,331 shares during the last quarter. Geode Capital Management LLC boosted its stake in Take-Two Interactive Software by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 4,869,112 shares of the company’s stock worth $1,242,204,000 after purchasing an additional 60,893 shares in the last quarter. Invesco Ltd. grew its position in Take-Two Interactive Software by 17.3% during the 2nd quarter. Invesco Ltd. now owns 3,490,676 shares of the company’s stock valued at $847,711,000 after purchasing an additional 515,484 shares during the last quarter. Finally, Norges Bank purchased a new stake in Take-Two Interactive Software during the 2nd quarter valued at about $731,047,000. 95.46% of the stock is owned by institutional investors.

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.