Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Michael Sheresky sold 485 shares of the business’s stock in a transaction on Monday, February 13th. The stock was sold at an average price of $57.82, for a total transaction of $28,042.70. Following the transaction, the director now directly owns 67,394 shares in the company, valued at $3,896,721.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) traded down 1.009% during mid-day trading on Friday, reaching $59.365. 908,712 shares of the company traded hands. The company has a market capitalization of $5.37 billion, a P/E ratio of 355.479 and a beta of 0.86. Take-Two Interactive Software, Inc. has a 52-week low of $33.06 and a 52-week high of $60.20. The stock has a 50 day moving average price of $53.18 and a 200-day moving average price of $47.36.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Tuesday, February 7th. The company reported $0.99 EPS for the quarter, topping the Zacks’ consensus estimate of $0.96 by $0.03. The firm earned $476.50 million during the quarter, compared to analyst estimates of $689.64 million. Take-Two Interactive Software had a return on equity of 21.74% and a net margin of 0.91%. The company’s revenue was up 15.0% on a year-over-year basis. During the same period last year, the company earned $0.89 earnings per share. Analysts expect that Take-Two Interactive Software, Inc. will post $1.96 EPS for the current fiscal year.

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

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A number of research firms have recently commented on TTWO. Benchmark Co. reissued a “buy” rating and set a $64.13 target price (up from $60.37) on shares of Take-Two Interactive Software in a research report on Wednesday, February 8th. MKM Partners reissued a “buy” rating and set a $62.00 target price (up from $55.00) on shares of Take-Two Interactive Software in a research report on Monday, February 6th. Oppenheimer Holdings, Inc. reissued an “outperform” rating and set a $58.00 target price (up from $54.00) on shares of Take-Two Interactive Software in a research report on Thursday, February 9th. Citigroup Inc. boosted their target price on shares of Take-Two Interactive Software to $58.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 8th. Finally, Piper Jaffray Companies boosted their target price on shares of Take-Two Interactive Software from $54.00 to $60.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 8th. Four research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Take-Two Interactive Software presently has a consensus rating of “Buy” and an average target price of $58.14.

A number of hedge funds have recently made changes to their positions in TTWO. Alliancebernstein L.P. raised its stake in shares of Take-Two Interactive Software by 29.5% in the second quarter. Alliancebernstein L.P. now owns 4,248,584 shares of the company’s stock worth $161,106,000 after buying an additional 967,525 shares during the last quarter. FMR LLC raised its stake in shares of Take-Two Interactive Software by 40.2% in the fourth quarter. FMR LLC now owns 3,110,549 shares of the company’s stock worth $153,319,000 after buying an additional 891,384 shares during the last quarter. Alyeska Investment Group L.P. raised its stake in shares of Take-Two Interactive Software by 103.8% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,047,146 shares of the company’s stock worth $100,904,000 after buying an additional 1,042,700 shares during the last quarter. State Street Corp raised its stake in shares of Take-Two Interactive Software by 3.3% in the fourth quarter. State Street Corp now owns 1,922,796 shares of the company’s stock worth $94,773,000 after buying an additional 60,597 shares during the last quarter. Finally, William Blair Investment Management LLC raised its stake in shares of Take-Two Interactive Software by 1.6% in the fourth quarter. William Blair Investment Management LLC now owns 1,655,142 shares of the company’s stock worth $81,582,000 after buying an additional 26,801 shares during the last quarter.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.

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