Jon Moses Sells 500 Shares of Take-Two Interactive Software (NASDAQ:TTWO) Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Jon Moses sold 500 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $215.22, for a total transaction of $107,610.00. Following the sale, the director owned 22,368 shares in the company, valued at $4,814,040.96. This trade represents a 2.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Take-Two Interactive Software Stock Down 0.8%

TTWO stock traded down $1.94 during mid-day trading on Wednesday, hitting $228.03. 2,673,707 shares of the company were exchanged, compared to its average volume of 2,193,214. 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 firm has a market cap of $42.34 billion, a P/E ratio of -140.76, a P/E/G ratio of 4.27 and a beta of 0.98. The firm’s 50 day simple moving average is $218.18 and its 200 day simple moving average is $223.00. Take-Two Interactive Software, Inc. has a 1-year low of $187.63 and a 1-year high of $264.79.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. BMO Capital Markets reaffirmed an “outperform” rating on shares of Take-Two Interactive Software in a research note on Friday, May 22nd. Wedbush reaffirmed an “outperform” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a research note on Tuesday, March 3rd. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research note on Friday, May 22nd. Piper Sandler reaffirmed an “overweight” rating on shares of Take-Two Interactive Software in a research note on Tuesday. Finally, DA Davidson reaffirmed a “buy” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $287.06.

Hedge Funds Weigh In On Take-Two Interactive Software

Institutional investors have recently added to or reduced their stakes in the company. MCF Advisors LLC acquired a new position in Take-Two Interactive Software during the fourth quarter worth $25,000. GHP Investment Advisors Inc. acquired a new position in Take-Two Interactive Software during the fourth quarter worth $28,000. MV Capital Management Inc. acquired a new position in Take-Two Interactive Software during the fourth quarter worth $34,000. Rachor Investment Advisory Services LLC acquired a new position in Take-Two Interactive Software during the fourth quarter worth $34,000. Finally, True Wealth Design LLC increased its holdings in Take-Two Interactive Software by 91.9% during the fourth quarter. True Wealth Design LLC now owns 142 shares of the company’s stock worth $36,000 after buying an additional 68 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Company Profile

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.