Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Michael Sheresky sold 465 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $89.96, for a total transaction of $41,831.40. Following the completion of the transaction, the director now owns 69,006 shares of the company’s stock, valued at $6,207,779.76. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Michael Sheresky also recently made the following trade(s):

  • On Tuesday, May 30th, Michael Sheresky sold 516 shares of Take-Two Interactive Software stock. The shares were sold at an average price of $76.68, for a total transaction of $39,566.88.

Take-Two Interactive Software, Inc. (NASDAQ TTWO) traded up 1.58% during midday trading on Monday, reaching $90.71. 821,147 shares of the company’s stock were exchanged. 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 cap of $9.48 billion, a PE ratio of 53.55 and a beta of 0.83. The firm has a 50 day moving average of $79.58 and a 200-day moving average of $67.56.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.19 by $0.25. The firm had revenue of $348.30 million for 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 business’s revenue was up 27.8% compared to the same quarter last year. During the same period last year, the firm posted ($0.21) earnings per share. On average, equities research analysts predict that Take-Two Interactive Software, Inc. will post $2.16 earnings per share for the current year.

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TTWO has been the subject of several analyst reports. Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $75.00 target price on shares of Take-Two Interactive Software in a research report on Thursday, April 20th. Benchmark Co. restated a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday, April 24th. Zacks Investment Research upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating and set a $79.00 target price for the company in a research report on Saturday, May 20th. Cowen and Company upped their price objective on shares of Take-Two Interactive Software from $60.00 to $79.00 and gave the stock an “outperform” rating in a research report on Thursday, May 25th. Finally, Credit Suisse Group reiterated a “hold” rating and set a $71.00 price objective on shares of Take-Two Interactive Software in a research report on Thursday, May 25th. One investment 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. Take-Two Interactive Software presently has an average rating of “Buy” and a consensus target price of $85.22.

Several hedge funds and other institutional investors have recently bought and sold shares of TTWO. Glen Harbor Capital Management LLC increased its position in Take-Two Interactive Software by 23.2% in the first quarter. Glen Harbor Capital Management LLC now owns 4,092 shares of the company’s stock valued at $243,000 after buying an additional 770 shares during the period. Northpointe Capital LLC acquired a new position in Take-Two Interactive Software during the first quarter valued at approximately $2,812,000. ProShare Advisors LLC increased its position in Take-Two Interactive Software by 17.7% in the first quarter. ProShare Advisors LLC now owns 18,390 shares of the company’s stock valued at $1,090,000 after buying an additional 2,764 shares during the period. Profund Advisors LLC increased its position in Take-Two Interactive Software by 0.3% in the first quarter. Profund Advisors LLC now owns 16,831 shares of the company’s stock valued at $998,000 after buying an additional 45 shares during the period. Finally, Magee Thomson Investment Partners LLC acquired a new position in Take-Two Interactive Software during the first quarter valued at approximately $5,304,000. 95.60% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Company Profile

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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