Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Truist Financial Corp

Truist Financial Corp lowered its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 20.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 426,290 shares of the company's stock after selling 110,356 shares during the period. Truist Financial Corp owned about 0.25% of Take-Two Interactive Software worth $68,611,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC raised its position in shares of Take-Two Interactive Software by 110.7% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 177 shares of the company's stock worth $25,000 after acquiring an additional 93 shares in the last quarter. CVA Family Office LLC acquired a new stake in shares of Take-Two Interactive Software during the 4th quarter worth about $25,000. MCF Advisors LLC raised its position in shares of Take-Two Interactive Software by 1,677.8% during the 4th quarter. MCF Advisors LLC now owns 160 shares of the company's stock worth $26,000 after acquiring an additional 151 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new stake in shares of Take-Two Interactive Software during the 4th quarter worth about $26,000. Finally, NBC Securities Inc. acquired a new stake in shares of Take-Two Interactive Software during the 3rd quarter worth about $27,000. Institutional investors and hedge funds own 95.46% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on TTWO shares. JPMorgan Chase & Co. cut their target price on Take-Two Interactive Software from $188.00 to $180.00 and set an "overweight" rating on the stock in a research report on Friday, February 9th. Stifel Nicolaus reiterated a "buy" rating and issued a $175.00 target price on shares of Take-Two Interactive Software in a research note on Monday, April 1st. Wedbush reiterated an "outperform" rating and issued a $190.00 target price on shares of Take-Two Interactive Software in a research note on Wednesday, April 17th. BMO Capital Markets initiated coverage on Take-Two Interactive Software in a research note on Tuesday, January 9th. They issued an "outperform" rating and a $200.00 target price on the stock. Finally, The Goldman Sachs Group lifted their target price on Take-Two Interactive Software from $165.00 to $200.00 and gave the company a "buy" rating in a research note on Friday, January 19th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $177.61.

Take-Two Interactive Software Price Performance

TTWO stock traded up $1.04 during midday trading on Friday, hitting $144.47. 853,154 shares of the stock were exchanged, compared to its average volume of 1,396,143. The stock's 50-day moving average price is $147.33 and its 200-day moving average price is $152.26. The stock has a market cap of $24.64 billion, a price-to-earnings ratio of -16.84, a PEG ratio of 1.20 and a beta of 0.74. Take-Two Interactive Software, Inc. has a fifty-two week low of $119.57 and a fifty-two week high of $171.59. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.82 and a current ratio of 0.82.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.02). Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.34 billion. Research analysts predict that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current year.

Insider Transactions at Take-Two Interactive Software

In other news, President Karl Slatoff sold 90,851 shares of the business's stock in a transaction on Friday, April 12th. The stock was sold at an average price of $148.54, for a total value of $13,495,007.54. Following the completion of the transaction, the president now directly owns 87,286 shares of the company's stock, valued at $12,965,462.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, Director Michael Sheresky sold 260 shares of the business's stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $155.72, for a total value of $40,487.20. Following the completion of the transaction, the director now directly owns 63,645 shares of the company's stock, valued at $9,910,799.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, President Karl Slatoff sold 90,851 shares of Take-Two Interactive Software stock in a transaction on Friday, April 12th. The shares were sold at an average price of $148.54, for a total value of $13,495,007.54. Following the completion of the sale, the president now directly owns 87,286 shares of the company's stock, valued at approximately $12,965,462.44. The disclosure for this sale can be found here. Insiders own 1.37% of the company's stock.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.