Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Ellen F. Siminoff Sells 414 Shares

Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) Director Ellen F. Siminoff sold 414 shares of the stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $237.80, for a total transaction of $98,449.20. Following the sale, the director owned 3,290 shares of the company's stock, valued at $782,362. This trade represents a 11.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Take-Two Interactive Software Stock Down 1.8%

Shares of TTWO stock traded down $4.10 during trading on Friday, reaching $229.82. The company's stock had a trading volume of 518,032 shares, compared to its average volume of 1,790,668. The business has a fifty day moving average price of $234.24 and a 200-day moving average price of $214.41. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.18. The company has a market cap of $40.78 billion, a price-to-earnings ratio of -9.07, a price-to-earnings-growth ratio of 6.21 and a beta of 1.03. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $245.08.

Hedge Funds Weigh In On Take-Two Interactive Software

A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Take-Two Interactive Software by 2.6% during the first quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company's stock worth $4,117,123,000 after buying an additional 506,026 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in Take-Two Interactive Software by 1.7% during the first quarter. Massachusetts Financial Services Co. MA now owns 5,358,309 shares of the company's stock worth $1,110,510,000 after buying an additional 89,093 shares during the last quarter. Capital International Investors increased its holdings in Take-Two Interactive Software by 9.5% during the fourth quarter. Capital International Investors now owns 4,883,746 shares of the company's stock worth $899,036,000 after buying an additional 424,893 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Take-Two Interactive Software by 0.3% during the fourth quarter. Ameriprise Financial Inc. now owns 4,770,044 shares of the company's stock worth $878,567,000 after buying an additional 13,555 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Take-Two Interactive Software by 6.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,527,759 shares of the company's stock worth $833,470,000 after buying an additional 287,194 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on TTWO shares. Wedbush upgraded shares of Take-Two Interactive Software to a "strong-buy" rating in a research report on Tuesday, July 1st. Raymond James Financial restated an "outperform" rating and issued a $250.00 price objective (up previously from $240.00) on shares of Take-Two Interactive Software in a research report on Friday, May 16th. JPMorgan Chase & Co. raised their target price on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the company an "overweight" rating in a research note on Friday, May 16th. Benchmark raised their target price on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the company a "buy" rating in a research note on Friday, May 16th. Finally, BMO Capital Markets reaffirmed an "outperform" rating and issued a $236.00 target price (down previously from $240.00) on shares of Take-Two Interactive Software in a research note on Monday, May 5th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $230.25.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.