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 firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $215.22, for a total transaction of $107,610.00. Following the completion of the transaction, the director directly owned 22,368 shares in the company, valued at $4,814,040.96. This represents a 2.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Take-Two Interactive Software Trading Down 0.8%

TTWO stock opened at $228.03 on Thursday. The company has a market capitalization of $42.34 billion, a PE ratio of -140.76, a P/E/G ratio of 4.55 and a beta of 0.98. Take-Two Interactive Software, Inc. has a 12 month low of $187.63 and a 12 month high of $264.79. The firm’s 50-day moving average is $218.81 and its 200 day moving average is $222.89. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.24 and a quick ratio of 1.24.

Analysts Set New Price Targets

Several brokerages have weighed in on TTWO. Wells Fargo & Company lowered their target price on Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating for the company in a report on Friday, May 22nd. Wedbush reiterated an “outperform” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a report on Tuesday, March 3rd. BMO Capital Markets reiterated an “outperform” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. Piper Sandler reissued an “overweight” rating on shares of Take-Two Interactive Software in a research report on Tuesday. Finally, Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and a consensus target price of $287.06.

Institutional Investors Weigh In On Take-Two Interactive Software

Several institutional investors have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Take-Two Interactive Software by 30.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 195 shares of the company’s stock valued at $50,000 after acquiring an additional 45 shares in the last quarter. First Horizon Corp boosted its stake in Take-Two Interactive Software by 26.4% in the fourth quarter. First Horizon Corp now owns 220 shares of the company’s stock valued at $56,000 after acquiring an additional 46 shares in the last quarter. Hunter Associates Investment Management LLC boosted its stake in Take-Two Interactive Software by 0.4% in the fourth quarter. Hunter Associates Investment Management LLC now owns 10,780 shares of the company’s stock valued at $2,761,000 after acquiring an additional 48 shares in the last quarter. Mayflower Financial Advisors LLC boosted its stake in Take-Two Interactive Software by 3.6% in the first quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company’s stock valued at $269,000 after acquiring an additional 48 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in Take-Two Interactive Software by 5.2% in the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,007 shares of the company’s stock valued at $260,000 after acquiring an additional 50 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

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.