Jon Moses Sells 500 Shares of Take-Two Interactive Software (NASDAQ:TTWO) Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWOGet Free Report) Director Jon Moses sold 500 shares of Take-Two Interactive Software stock in a transaction on Monday, June 15th. The shares were sold at an average price of $215.22, for a total value of $107,610.00. Following the transaction, the director directly owned 22,368 shares of the company’s stock, valued at approximately $4,814,040.96. The trade was a 2.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Take-Two Interactive Software Stock Up 4.9%

TTWO opened at $239.28 on Friday. The firm has a market cap of $44.43 billion, a price-to-earnings ratio of -147.70, a PEG ratio of 4.51 and a beta of 0.98. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.24 and a current ratio of 1.24. The firm’s 50-day simple moving average is $219.63 and its 200-day simple moving average is $222.84. Take-Two Interactive Software, Inc. has a twelve month low of $187.63 and a twelve month high of $264.79.

Institutional Investors Weigh In On Take-Two Interactive Software

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in shares of Take-Two Interactive Software by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 21,868,194 shares of the company’s stock worth $5,598,914,000 after purchasing an additional 166,661 shares in the last quarter. State Street Corp increased its holdings in shares of Take-Two Interactive Software by 3.5% in the fourth quarter. State Street Corp now owns 11,402,978 shares of the company’s stock valued at $2,919,362,000 after purchasing an additional 390,331 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Take-Two Interactive Software by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 4,869,112 shares of the company’s stock valued at $1,242,204,000 after purchasing an additional 60,893 shares in the last quarter. Invesco Ltd. raised its position in Take-Two Interactive Software by 0.6% in the 4th quarter. Invesco Ltd. now owns 2,889,144 shares of the company’s stock worth $739,707,000 after purchasing an additional 16,758 shares during the last quarter. Finally, Norges Bank bought a new position in Take-Two Interactive Software in the 4th quarter worth approximately $735,389,000. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software News Summary

Here are the key news stories impacting Take-Two Interactive Software this week:

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on TTWO shares. Wedbush reaffirmed an “outperform” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a report on Tuesday, March 3rd. DA Davidson reissued a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a report on Monday. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. Wells Fargo & Company decreased their price target on Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating on the stock in a research report on Friday, May 22nd. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Take-Two Interactive Software in a report on Tuesday. One 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $287.06.

View Our Latest Stock Analysis on Take-Two Interactive Software

About Take-Two Interactive Software

(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.

Further Reading

Insider Buying and Selling by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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