Take-Two Interactive Software (NASDAQ:TTWO) Director Ellen Siminoff Sells 334 Shares

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Ellen Siminoff sold 334 shares of Take-Two Interactive Software stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $252.53, for a total transaction of $84,345.02. Following the transaction, the director directly owned 1,833 shares in the company, valued at $462,887.49. The trade was a 15.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Take-Two Interactive Software Stock Up 2.1%

Shares of NASDAQ:TTWO opened at $263.72 on Tuesday. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $264.79. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.24 and a current ratio of 1.24. The company has a market capitalization of $48.97 billion, a PE ratio of -162.79, a PEG ratio of 4.99 and a beta of 0.96. The company has a 50 day moving average price of $228.51 and a two-hundred day moving average price of $222.84.

Institutional Investors Weigh In On Take-Two Interactive Software

Institutional investors have recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Take-Two Interactive Software by 30.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 195 shares of the company’s stock worth $50,000 after purchasing an additional 45 shares in the last quarter. First Horizon Corp boosted its position in shares of Take-Two Interactive Software by 26.4% during the fourth quarter. First Horizon Corp now owns 220 shares of the company’s stock worth $56,000 after buying an additional 46 shares during the period. Hunter Associates Investment Management LLC boosted its position in shares of Take-Two Interactive Software by 0.4% during the fourth quarter. Hunter Associates Investment Management LLC now owns 10,780 shares of the company’s stock worth $2,761,000 after buying an additional 48 shares during the period. Mayflower Financial Advisors LLC grew its holdings in shares of Take-Two Interactive Software by 3.6% during the first quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company’s stock worth $269,000 after buying an additional 48 shares in the last quarter. Finally, Independence Bank of Kentucky grew its holdings in shares of Take-Two Interactive Software by 3.7% during the fourth quarter. Independence Bank of Kentucky now owns 1,418 shares of the company’s stock worth $363,000 after buying an additional 50 shares in the last quarter. 95.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TTWO has been the subject of a number of recent analyst reports. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research note on Friday, May 22nd. DA Davidson reissued a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research note on Monday, June 15th. Bank of America increased their price target on Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Piper Sandler reaffirmed an “overweight” rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. Finally, Wells Fargo & Company lifted their price objective on Take-Two Interactive Software from $287.00 to $289.00 and gave the company an “overweight” rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $293.00.

About Take-Two Interactive Software

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.