Strauss Zelnick Sells 40,000 Shares of TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (NASDAQ:TTWO) Stock

TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (NASDAQ:TTWO) CEO Strauss Zelnick sold 40,000 shares of the firm’s stock in a transaction dated Friday, May 18th. The shares were sold at an average price of $113.29, for a total value of $4,531,600.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Strauss Zelnick also recently made the following trade(s):

  • On Wednesday, April 4th, Strauss Zelnick sold 252,197 shares of TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock stock. The shares were sold at an average price of $95.63, for a total value of $24,117,599.11.

Shares of TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock traded up $3.38, hitting $121.84, during trading hours on Thursday, according to MarketBeat.com. The company’s stock had a trading volume of 3,060,298 shares, compared to its average volume of 2,538,653. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.40 and a quick ratio of 1.39. The stock has a market capitalization of $12.96 billion, a PE ratio of 69.62, a PEG ratio of 2.94 and a beta of 1.07. TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock has a 12 month low of $70.39 and a 12 month high of $129.25.

TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (NASDAQ:TTWO) last posted its earnings results on Wednesday, May 16th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.14. The company had revenue of $411.40 million for the quarter, compared to analysts’ expectations of $447.59 million. TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock had a return on equity of 24.72% and a net margin of 9.68%. TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period last year, the firm earned $0.89 earnings per share. equities research analysts anticipate that TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock will post 2.59 earnings per share for the current year.

TTWO has been the topic of a number of research reports. Zacks Investment Research upgraded TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock from a “sell” rating to a “hold” rating in a research report on Wednesday, May 16th. BidaskClub downgraded TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock from a “hold” rating to a “sell” rating in a research report on Friday, March 30th. Wedbush raised TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock from a “neutral” rating to an “outperform” rating and set a $126.00 price objective on the stock in a research note on Monday, April 30th. Morgan Stanley reduced their price objective on TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock from $148.00 to $140.00 and set an “overweight” rating on the stock in a research note on Thursday, April 19th. Finally, Stifel Nicolaus reduced their price objective on TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock from $135.00 to $131.00 and set a “buy” rating on the stock in a research note on Monday, April 30th. One analyst has rated the stock with a sell rating, four have given a hold rating and nineteen have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $128.45.

Institutional investors have recently bought and sold shares of the business. AMP Capital Investors Ltd bought a new stake in TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock during the 4th quarter valued at approximately $3,794,000. MML Investors Services LLC bought a new stake in TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock during the 4th quarter valued at approximately $248,000. EMS Capital LP bought a new stake in TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock during the 4th quarter valued at approximately $19,760,000. Bank of Montreal Can boosted its position in TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock by 0.7% during the 4th quarter. Bank of Montreal Can now owns 343,324 shares of the company’s stock valued at $37,689,000 after acquiring an additional 2,416 shares in the last quarter. Finally, American International Group Inc. boosted its position in TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock by 11.4% during the 4th quarter. American International Group Inc. now owns 242,686 shares of the company’s stock valued at $26,642,000 after acquiring an additional 24,752 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock 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 and 2K labels, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets.

Insider Buying and Selling by Quarter for TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (NASDAQ:TTWO)

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