Take-Two Interactive Software Inc (TTWO) Director Sells $46,271.08 in Stock

Take-Two Interactive Software Inc (NASDAQ:TTWO) Director Michael Sheresky sold 428 shares of the business’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $108.11, for a total value of $46,271.08. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Take-Two Interactive Software Inc (NASDAQ:TTWO) traded down $1.12 during midday trading on Friday, reaching $107.04. The company had a trading volume of 1,858,294 shares, compared to its average volume of 2,410,000. The firm has a market cap of $12,210.00, a PE ratio of 66.48, a price-to-earnings-growth ratio of 2.85 and a beta of 0.85. Take-Two Interactive Software Inc has a 12 month low of $56.50 and a 12 month high of $129.25. The company has a quick ratio of 1.17, a current ratio of 1.18 and a debt-to-equity ratio of 0.01.

Several analysts have weighed in on TTWO shares. TheStreet upgraded Take-Two Interactive Software from a “c+” rating to a “b” rating in a research note on Wednesday, February 7th. Stifel Nicolaus reissued a “buy” rating and issued a $135.00 price objective (up previously from $122.00) on shares of Take-Two Interactive Software in a report on Thursday, November 9th. MKM Partners boosted their price objective on Take-Two Interactive Software from $97.00 to $122.00 and gave the company a “buy” rating in a report on Monday, October 30th. Bank of America boosted their price objective on Take-Two Interactive Software from $106.00 to $127.00 and gave the company a “buy” rating in a report on Wednesday, November 8th. Finally, Buckingham Research boosted their price objective on Take-Two Interactive Software from $120.00 to $127.00 and gave the company a “buy” rating in a report on Wednesday, November 8th. Six analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. Take-Two Interactive Software currently has a consensus rating of “Buy” and a consensus target price of $123.48.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TTWO. Jackson Square Partners LLC raised its holdings in Take-Two Interactive Software by 137.9% in the 3rd quarter. Jackson Square Partners LLC now owns 3,495,068 shares of the company’s stock worth $357,300,000 after purchasing an additional 2,026,010 shares during the period. Macquarie Group Ltd. raised its holdings in Take-Two Interactive Software by 110.3% in the 3rd quarter. Macquarie Group Ltd. now owns 1,710,990 shares of the company’s stock worth $174,914,000 after purchasing an additional 897,380 shares during the period. Carillon Tower Advisers Inc. acquired a new position in Take-Two Interactive Software in the 4th quarter worth about $67,703,000. Alyeska Investment Group L.P. raised its holdings in Take-Two Interactive Software by 96.9% in the 3rd quarter. Alyeska Investment Group L.P. now owns 1,065,472 shares of the company’s stock worth $108,923,000 after purchasing an additional 524,325 shares during the period. Finally, Hunt Lane Capital LP acquired a new position in Take-Two Interactive Software in the 4th quarter worth about $32,824,000. 89.60% of the stock is owned by institutional investors.

TRADEMARK VIOLATION NOTICE: “Take-Two Interactive Software Inc (TTWO) Director Sells $46,271.08 in Stock” was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this news story on another site, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The original version of this news story can be viewed at https://www.dispatchtribunal.com/2018/02/16/take-two-interactive-software-inc-ttwo-director-sells-46271-08-in-stock.html.

Take-Two Interactive Software Company Profile

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.

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

Receive News & Ratings for Take-Two Interactive Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply