Take-Two Interactive Software (NASDAQ:TTWO) Insider Daniel Emerson Sells 4,419 Shares of Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWOGet Free Report) insider Daniel Emerson sold 4,419 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $230.00, for a total transaction of $1,016,370.00. Following the completion of the transaction, the insider owned 113,988 shares in the company, valued at $26,217,240. This trade represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO opened at $239.28 on Friday. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $264.79. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.24 and a current ratio of 1.24. The firm’s 50-day simple moving average is $219.63 and its 200 day simple moving average is $222.84. The firm has a market cap of $44.43 billion, a price-to-earnings ratio of -147.70, a P/E/G ratio of 4.51 and a beta of 0.98.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Wells Fargo & Company cut their price target on Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating for the company in a research note on Friday, May 22nd. BMO Capital Markets restated an “outperform” rating on shares of Take-Two Interactive Software in a research note on Friday, May 22nd. DA Davidson reaffirmed a “buy” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday. Piper Sandler reiterated 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 report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $287.06.

Get Our Latest Stock Analysis on Take-Two Interactive Software

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in TTWO. LBP AM SA increased its position in shares of Take-Two Interactive Software by 298.2% in the fourth quarter. LBP AM SA now owns 64,611 shares of the company’s stock worth $16,542,000 after purchasing an additional 48,384 shares during the last quarter. Fiera Capital Corp lifted its position in Take-Two Interactive Software by 33.9% during the fourth quarter. Fiera Capital Corp now owns 64,403 shares of the company’s stock valued at $16,489,000 after purchasing an additional 16,314 shares during the last quarter. Compass Wealth Management LLC purchased a new position in Take-Two Interactive Software in the 3rd quarter worth approximately $3,419,000. Swedbank AB grew its stake in Take-Two Interactive Software by 7.6% in the 4th quarter. Swedbank AB now owns 134,638 shares of the company’s stock worth $34,471,000 after buying an additional 9,556 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its holdings in shares of Take-Two Interactive Software by 24.3% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 585,950 shares of the company’s stock worth $150,021,000 after buying an additional 114,403 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Key Stories Impacting Take-Two Interactive Software

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Take-Two Interactive Software Company Profile

(Get Free Report)

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.

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

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