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

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Jon Moses sold 500 shares of the company’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $244.61, for a total transaction of $122,305.00. Following the transaction, the director owned 21,868 shares in the company, valued at approximately $5,349,131.48. This trade represents a 2.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Take-Two Interactive Software Trading Up 1.3%

TTWO opened at $242.64 on Wednesday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $45.05 billion, a PE ratio of -149.78, a PEG ratio of 4.74 and a beta of 0.98. Take-Two Interactive Software, Inc. has a 1-year low of $187.63 and a 1-year high of $264.79. The firm has a 50-day moving average price of $222.11 and a two-hundred day moving average price of $222.70.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on TTWO shares. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. Piper Sandler reaffirmed an “overweight” rating on shares of Take-Two Interactive Software in a report on Tuesday, June 16th. Wedbush reiterated an “outperform” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research 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 research note on Monday, June 15th. Finally, Bank of America boosted their target price on Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a research report on Tuesday. One equities research 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 issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $292.25.

Institutional Investors Weigh In On Take-Two Interactive Software

Several institutional investors have recently modified their holdings of the business. Militia Capital Management LLC acquired a new position in Take-Two Interactive Software in the first quarter valued at approximately $1,191,000. Rathbones Group PLC grew its holdings in Take-Two Interactive Software by 21.6% during the 1st quarter. Rathbones Group PLC now owns 17,349 shares of the company’s stock worth $3,426,000 after acquiring an additional 3,087 shares during the period. Parallel Advisors LLC grew its holdings in Take-Two Interactive Software by 4.1% during the 1st quarter. Parallel Advisors LLC now owns 21,851 shares of the company’s stock worth $4,316,000 after acquiring an additional 853 shares during the period. Glenmede Trust Co. NA raised its position in shares of Take-Two Interactive Software by 10.4% during the 1st quarter. Glenmede Trust Co. NA now owns 4,728 shares of the company’s stock valued at $934,000 after acquiring an additional 447 shares during the last quarter. Finally, Summitry LLC bought a new stake in shares of Take-Two Interactive Software during the 1st quarter valued at $224,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

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.