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

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Ellen Siminoff sold 413 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $200.00, for a total transaction of $82,600.00. Following the sale, the director owned 2,286 shares of the company’s stock, valued at $457,200. This represents a 15.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Take-Two Interactive Software Trading Up 1.1%

TTWO traded up $2.24 during trading hours on Thursday, reaching $201.37. The company’s stock had a trading volume of 2,139,216 shares, compared to its average volume of 2,510,095. The stock has a market cap of $37.29 billion, a PE ratio of -9.00, a P/E/G ratio of 10.36 and a beta of 0.92. Take-Two Interactive Software, Inc. has a fifty-two week low of $188.56 and a fifty-two week 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 business’s 50-day moving average is $235.07 and its 200-day moving average is $241.25.

Hedge Funds Weigh In On Take-Two Interactive Software

Hedge funds have recently made changes to their positions in the company. Private Trust Co. NA grew its stake in Take-Two Interactive Software by 27.1% during the 3rd quarter. Private Trust Co. NA now owns 183 shares of the company’s stock worth $47,000 after buying an additional 39 shares during the last quarter. Miracle Mile Advisors LLC grew its position in Take-Two Interactive Software by 0.5% during the 3rd quarter. Miracle Mile Advisors LLC now owns 7,727 shares of the company’s stock worth $1,996,000 after purchasing an additional 39 shares during the last quarter. Mather Group LLC. increased its stake in Take-Two Interactive Software by 2.7% in the third quarter. Mather Group LLC. now owns 1,484 shares of the company’s stock valued at $383,000 after purchasing an additional 39 shares during the period. Blue Trust Inc. raised its holdings in shares of Take-Two Interactive Software by 42.9% in the third quarter. Blue Trust Inc. now owns 150 shares of the company’s stock valued at $39,000 after buying an additional 45 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Take-Two Interactive Software by 30.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 195 shares of the company’s stock worth $50,000 after buying an additional 45 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. TD Cowen restated a “buy” rating on shares of Take-Two Interactive Software in a research note on Tuesday, November 25th. Jefferies Financial Group lifted their target price on Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a report on Monday, November 3rd. DA Davidson restated a “buy” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a report on Wednesday, February 4th. UBS Group lifted their price objective on 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. Finally, Wall Street Zen downgraded Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research report on Sunday, November 2nd. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $283.94.

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.