Take-Two Interactive Software, Inc. (NASDAQ:TTWO) CEO Strauss Zelnick sold 50,000 shares of the business’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $87.81, for a total transaction of $4,390,500.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Strauss Zelnick also recently made the following trade(s):

  • On Thursday, May 25th, Strauss Zelnick sold 35,000 shares of Take-Two Interactive Software stock. The stock was sold at an average price of $78.53, for a total transaction of $2,748,550.00.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) traded up 1.10% during midday trading on Tuesday, hitting $91.52. 3,325,201 shares of the stock traded hands. The firm’s 50 day moving average is $76.69 and its 200-day moving average is $65.73. Take-Two Interactive Software, Inc. has a 12-month low of $40.63 and a 12-month high of $92.22. The stock has a market capitalization of $9.69 billion, a PE ratio of 53.87 and a beta of 0.83.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported $0.44 EPS for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.25. The company had revenue of $348.30 million for the quarter, compared to analyst estimates of $280.70 million. Take-Two Interactive Software had a return on equity of 28.89% and a net margin of 8.73%. The firm’s quarterly revenue was up 27.8% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.21) earnings per share. On average, analysts anticipate that Take-Two Interactive Software, Inc. will post $2.10 EPS for the current fiscal year.

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A number of equities analysts recently issued reports on TTWO shares. Benchmark Co. reaffirmed a “buy” rating and set a $85.00 target price (up previously from $77.00) on shares of Take-Two Interactive Software in a research report on Wednesday, May 24th. Jefferies Group LLC reissued a “buy” rating and issued a $65.00 price target on shares of Take-Two Interactive Software in a report on Tuesday, May 23rd. MKM Partners reissued a “buy” rating and issued a $80.00 price target (up previously from $63.00) on shares of Take-Two Interactive Software in a report on Tuesday, May 23rd. Stifel Nicolaus reissued a “buy” rating and issued a $74.00 price target (up previously from $64.00) on shares of Take-Two Interactive Software in a report on Thursday, May 18th. Finally, Bank of America Corporation boosted their price target on shares of Take-Two Interactive Software from $67.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, May 25th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $81.44.

Several institutional investors have recently bought and sold shares of the company. Fifth Third Bancorp raised its position in Take-Two Interactive Software by 6.4% in the first quarter. Fifth Third Bancorp now owns 1,685 shares of the company’s stock worth $100,000 after buying an additional 101 shares in the last quarter. Meeder Asset Management Inc. bought a new position in Take-Two Interactive Software during the first quarter worth approximately $114,000. Smithfield Trust Co. bought a new position in Take-Two Interactive Software during the second quarter worth approximately $125,000. Crow Point Partners LLC raised its position in Take-Two Interactive Software by 63.4% in the second quarter. Crow Point Partners LLC now owns 1,775 shares of the company’s stock worth $129,000 after buying an additional 689 shares in the last quarter. Finally, Fortaleza Asset Management Inc. bought a new position in Take-Two Interactive Software during the second quarter worth approximately $134,000. 97.30% of the stock is currently owned by institutional investors.

About Take-Two Interactive Software

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.

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

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