Take-Two Interactive Software, Inc. (NASDAQ:TTWO) CFO Lainie Goldstein sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $87.68, for a total transaction of $2,630,400.00. Following the completion of the transaction, the chief financial officer now owns 409,019 shares in the company, valued at approximately $35,862,785.92. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

Take-Two Interactive Software (NASDAQ:TTWO) last released 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. Take-Two Interactive Software had a net margin of 8.73% and a return on equity of 28.89%. The firm had revenue of $348.30 million during the quarter, compared to analysts’ expectations of $280.70 million. During the same period in the previous year, the business posted ($0.21) earnings per share. The company’s revenue for the quarter was up 27.8% compared to the same quarter last year. Analysts predict that Take-Two Interactive Software, Inc. will post $2.10 EPS for the current year.

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Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Take-Two Interactive Software by 12.5% in the first quarter. Vanguard Group Inc. now owns 8,277,144 shares of the company’s stock worth $490,586,000 after buying an additional 916,573 shares during the period. FMR LLC boosted its position in Take-Two Interactive Software by 73.1% in the first quarter. FMR LLC now owns 5,384,102 shares of the company’s stock worth $319,116,000 after buying an additional 2,273,553 shares during the period. State Street Corp boosted its position in Take-Two Interactive Software by 62.1% in the first quarter. State Street Corp now owns 3,116,177 shares of the company’s stock worth $184,699,000 after buying an additional 1,193,381 shares during the period. William Blair Investment Management LLC boosted its position in Take-Two Interactive Software by 7.8% in the first quarter. William Blair Investment Management LLC now owns 1,784,714 shares of the company’s stock worth $105,780,000 after buying an additional 129,572 shares during the period. Finally, Harbour Capital Advisors LLC boosted its position in Take-Two Interactive Software by 7,304.4% in the second quarter. Harbour Capital Advisors LLC now owns 1,637,475 shares of the company’s stock worth $22,315,000 after buying an additional 1,615,360 shares during the period. 97.30% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have weighed in on the stock. Benchmark Co. reiterated a “buy” rating and issued a $100.00 price objective (up previously from $85.00) on shares of Take-Two Interactive Software in a research note on Thursday, August 3rd. Jefferies Group LLC reiterated a “buy” rating and issued a $108.00 price objective (up previously from $91.00) on shares of Take-Two Interactive Software in a research note on Thursday, August 3rd. KeyCorp set a $104.00 price objective on shares of Take-Two Interactive Software and gave the company a “buy” rating in a research note on Thursday, August 3rd. Piper Jaffray Companies reiterated an “overweight” rating and issued a $100.00 price objective on shares of Take-Two Interactive Software in a research note on Thursday, August 3rd. Finally, Cowen and Company reiterated an “outperform” rating and issued a $83.00 price objective (up previously from $79.00) on shares of Take-Two Interactive Software in a research note on Thursday, August 3rd. One analyst has rated the stock with a sell rating, four have issued a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $81.44.

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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