Insider Selling: Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Sells $358,340.00 in Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $179.17, for a total value of $358,340.00. Following the sale, the director now owns 9,692 shares in the company, valued at approximately $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock opened at $181.48 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The firm’s 50-day moving average is $158.56 and its two-hundred day moving average is $154.75. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $182.62.

Analysts Set New Price Targets

TTWO has been the topic of several recent research reports. BMO Capital Markets 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. Stifel Nicolaus increased their target price on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a research note on Thursday, September 5th. Roth Mkm lifted their price target on shares of Take-Two Interactive Software from $180.00 to $182.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Redburn Atlantic initiated coverage on shares of Take-Two Interactive Software in a research report on Thursday, August 29th. They issued a “buy” rating and a $194.00 price objective on the stock. Finally, TD Cowen raised their price objective on shares of Take-Two Interactive Software from $173.00 to $176.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and a consensus target price of $188.70.

Hedge Funds Weigh In On Take-Two Interactive Software

Hedge funds and other institutional investors have recently modified their holdings of the business. Crewe Advisors LLC boosted its position in Take-Two Interactive Software by 297.9% during the second quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after purchasing an additional 143 shares in the last quarter. UMB Bank n.a. grew its position in shares of Take-Two Interactive Software by 155.1% in the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company’s stock worth $31,000 after buying an additional 121 shares during the last quarter. Truvestments Capital LLC purchased a new position in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $31,000. HHM Wealth Advisors LLC bought a new position in shares of Take-Two Interactive Software during the 2nd quarter worth approximately $37,000. Finally, Blue Trust Inc. lifted its position in 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 acquiring an additional 193 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors.

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.