Key Points
- Director Ellen Siminoff sold 413 shares on April 15 at an average price of $207.66 for a total of $85,763.58 under a pre-arranged Rule 10b5-1 plan, reducing her position by 17.12% to 2,000 shares valued at about $415,320.
- The stock has a consensus rating of “Moderate Buy” with an average price target of $284.31 (majority of analysts rate it Buy/Strong Buy), and institutional investors own 95.46% of shares—with Norges Bank establishing a $735.4M position and Vanguard holding 21.7M shares.
Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) Director Ellen Siminoff sold 413 shares of the firm's stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $207.66, for a total transaction of $85,763.58. Following the completion of the sale, the director owned 2,000 shares in the company, valued at $415,320. The trade was a 17.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Take-Two Interactive Software Price Performance
NASDAQ TTWO opened at $213.93 on Friday. Take-Two Interactive Software, Inc. has a 12 month low of $187.63 and a 12 month high of $264.79. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a market capitalization of $39.62 billion, a PE ratio of -9.56, a P/E/G ratio of 3.20 and a beta of 0.96. The company's 50 day simple moving average is $202.96 and its 200 day simple moving average is $231.60.
Analyst Ratings Changes
TTWO has been the subject of a number of recent analyst reports. Raymond James Financial raised shares of Take-Two Interactive Software from an "outperform" rating to a "strong-buy" rating and set a $285.00 price objective for the company in a research note on Tuesday, February 10th. Benchmark reissued a "buy" rating on shares of Take-Two Interactive Software in a research note on Monday, February 2nd. DA Davidson reissued a "buy" rating and set a $300.00 target price on shares of Take-Two Interactive Software in a research note on Wednesday, February 4th. Wells Fargo & Company decreased their target price on shares of Take-Two Interactive Software from $295.00 to $293.00 and set an "overweight" rating for the company in a research note on Monday, April 6th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $284.31.
View Our Latest Report on TTWO
Institutional Investors Weigh In On Take-Two Interactive Software
Institutional investors and hedge funds have recently modified their holdings of the business. Norges Bank bought a new position in Take-Two Interactive Software in the 4th quarter worth $735,389,000. Vanguard Group Inc. raised its holdings in Take-Two Interactive Software by 4.5% in the 3rd quarter. Vanguard Group Inc. now owns 21,701,533 shares of the company's stock worth $5,606,808,000 after acquiring an additional 932,659 shares during the period. AQR Capital Management LLC raised its holdings in Take-Two Interactive Software by 162.1% in the 4th quarter. AQR Capital Management LLC now owns 1,138,738 shares of the company's stock worth $291,551,000 after acquiring an additional 704,316 shares during the period. Alyeska Investment Group L.P. raised its holdings in Take-Two Interactive Software by 44.6% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,842,927 shares of the company's stock worth $471,845,000 after acquiring an additional 568,263 shares during the period. Finally, Bessemer Group Inc. increased its holdings in shares of Take-Two Interactive Software by 53.1% during the 4th quarter. Bessemer Group Inc. now owns 1,456,186 shares of the company's stock worth $372,828,000 after purchasing an additional 505,000 shares during the period. Institutional investors and hedge funds own 95.46% of the company's stock.
Take-Two Interactive Software Company Profile
(
Get Free Report)
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.
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