Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Michael Dornemann sold 7,000 shares of the stock in a transaction on Friday, August 4th. The shares were sold at an average price of $87.80, for a total value of $614,600.00. Following the completion of the sale, the director now owns 9,394 shares in the company, valued at $824,793.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) traded up 1.10% during trading on Tuesday, hitting $91.52. The company’s stock had a trading volume of 3,326,201 shares. The company has a market cap of $9.69 billion, a PE ratio of 53.87 and a beta of 0.83. Take-Two Interactive Software, Inc. has a 52 week low of $40.63 and a 52 week high of $92.22. The firm’s 50 day moving average price is $76.69 and its 200-day moving average price is $65.73.

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

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Several brokerages have recently issued reports on TTWO. Cowen and Company reiterated an “outperform” rating and issued a $83.00 price objective (up from $79.00) on shares of Take-Two Interactive Software in a research note on Thursday, August 3rd. Robert W. Baird reiterated a “neutral” rating and issued a $90.00 price objective (up from $80.00) on shares of Take-Two Interactive Software in a research note on Friday. Zacks Investment Research upgraded Take-Two Interactive Software from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 27th. Credit Suisse Group reiterated a “hold” rating and issued a $73.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, July 26th. Finally, BidaskClub upgraded Take-Two Interactive Software from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, July 25th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $81.44.

Several large investors have recently added to or reduced their stakes in TTWO. Vanguard Group Inc. increased its stake 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 valued at $490,586,000 after buying an additional 916,573 shares during the last quarter. FMR LLC increased its stake 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 valued at $319,116,000 after buying an additional 2,273,553 shares during the last quarter. State Street Corp increased its stake 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 valued at $184,699,000 after buying an additional 1,193,381 shares during the last quarter. William Blair Investment Management LLC increased its stake 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 valued at $105,780,000 after buying an additional 129,572 shares during the last quarter. Finally, Harbour Capital Advisors LLC increased its stake 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 valued at $22,315,000 after buying an additional 1,615,360 shares during the last quarter. 97.30% of the stock is 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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