Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Insider Sells $145,796.28 in Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the transaction, the insider now owns 149,379 shares in the company, valued at $28,029,475.56. This represents a 0.52 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Take-Two Interactive Software Stock Up 1.0 %

Shares of TTWO opened at $190.03 on Friday. The business’s 50 day moving average is $167.92 and its 200 day moving average is $158.79. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $191.63. The company has a market capitalization of $33.37 billion, a PE ratio of -8.98, a price-to-earnings-growth ratio of 6.18 and a beta of 0.89.

Institutional Investors Weigh In On Take-Two Interactive Software

Several institutional investors and hedge funds have recently modified their holdings of TTWO. Itau Unibanco Holding S.A. purchased a new position in Take-Two Interactive Software during the third quarter valued at $27,000. Crewe Advisors LLC lifted its stake in Take-Two Interactive Software by 297.9% in the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock worth $30,000 after purchasing an additional 143 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of Take-Two Interactive Software by 155.1% during the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company’s stock valued at $31,000 after purchasing an additional 121 shares during the last quarter. Truvestments Capital LLC purchased a new position in shares of Take-Two Interactive Software during the third quarter valued at about $31,000. Finally, Blue Trust Inc. grew its position in shares of Take-Two Interactive Software by 410.6% during the second quarter. Blue Trust Inc. now owns 240 shares of the company’s stock valued at $36,000 after purchasing an additional 193 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on TTWO. StockNews.com upgraded shares of Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research report on Friday. Oppenheimer increased their price target on Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. UBS Group lifted their price objective on Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. The Goldman Sachs Group upped their price objective on Take-Two Interactive Software from $186.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Finally, HSBC raised Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 target price on the stock in a research report on Monday, August 12th. Three research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $194.25.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.