Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Michael Sheresky Sells 218 Shares

Take-Two Interactive Software, Inc. (NASDAQ:TTWOGet Free Report) Director Michael Sheresky sold 218 shares of the business’s stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $167.12, for a total value of $36,432.16. Following the completion of the transaction, the director now owns 64,173 shares of the company’s stock, valued at $10,724,591.76. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Take-Two Interactive Software Price Performance

Shares of TTWO traded down $0.46 during trading hours on Friday, hitting $165.21. 1,052,556 shares of the company were exchanged, compared to its average volume of 1,681,208. The company has a market cap of $28.31 billion, a price-to-earnings ratio of -7.50, a P/E/G ratio of 7.84 and a beta of 0.84. Take-Two Interactive Software, Inc. has a fifty-two week low of $130.34 and a fifty-two week high of $171.59. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.54. The firm’s fifty day moving average is $149.69 and its 200 day moving average is $154.03.

Take-Two Interactive Software (NASDAQ:TTWOGet Free Report) last announced its quarterly earnings data on Thursday, May 16th. The company reported ($17.02) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($17.09). Take-Two Interactive Software had a positive return on equity of 2.19% and a negative net margin of 69.99%. The business had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the prior year, the company earned $0.47 earnings per share. Take-Two Interactive Software’s quarterly revenue was down 3.2% compared to the same quarter last year. On average, equities analysts anticipate that Take-Two Interactive Software, Inc. will post 0.92 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. HSBC lowered Take-Two Interactive Software from a “buy” rating to a “hold” rating and set a $154.00 price objective for the company. in a research report on Friday, May 17th. Citigroup upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $170.00 to $200.00 in a research report on Monday, April 8th. Oppenheimer restated an “outperform” rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a research note on Tuesday, April 23rd. Roth Mkm cut their target price on Take-Two Interactive Software from $185.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, May 17th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $175.00 target price on shares of Take-Two Interactive Software in a research note on Monday, April 1st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nineteen have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $178.09.

Read Our Latest Analysis on TTWO

Hedge Funds Weigh In On Take-Two Interactive Software

Several large investors have recently bought and sold shares of TTWO. NBC Securities Inc. bought a new position in Take-Two Interactive Software in the third quarter valued at about $27,000. Jump Financial LLC raised its position in Take-Two Interactive Software by 66.0% in the third quarter. Jump Financial LLC now owns 2,825 shares of the company’s stock valued at $397,000 after purchasing an additional 1,123 shares during the last quarter. Kestra Private Wealth Services LLC bought a new position in Take-Two Interactive Software in the third quarter valued at about $279,000. Atria Wealth Solutions Inc. raised its position in Take-Two Interactive Software by 7.2% in the third quarter. Atria Wealth Solutions Inc. now owns 2,064 shares of the company’s stock valued at $290,000 after purchasing an additional 138 shares during the last quarter. Finally, Gabelli Funds LLC raised its position in Take-Two Interactive Software by 3.9% in the third quarter. Gabelli Funds LLC now owns 48,882 shares of the company’s stock valued at $6,863,000 after purchasing an additional 1,825 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors.

About Take-Two Interactive Software

(Get Free Report)

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.

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

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