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.
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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.
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