TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) insider Daniel P. Emerson sold 5,324 shares of TAKE-TWO INTERACTIVE SOFTWARE stock in a transaction on Friday, June 26th. The stock was sold at an average price of $140.50, for a total transaction of $748,022.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
TAKE-TWO INTERACTIVE SOFTWARE stock opened at $137.79 on Wednesday. The company’s 50-day moving average price is $136.43 and its 200-day moving average price is $124.24. The company has a quick ratio of 1.70, a current ratio of 1.71 and a debt-to-equity ratio of 0.06. The company has a market cap of $16.01 billion, a PE ratio of 38.92, a price-to-earnings-growth ratio of 9.93 and a beta of 0.58. TAKE-TWO INTERACTIVE SOFTWARE, INC has a twelve month low of $100.00 and a twelve month high of $149.28.
TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last released its quarterly earnings results on Wednesday, May 20th. The company reported $1.50 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.90 by $0.60. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 18.22% and a net margin of 13.09%. The company had revenue of $729.42 million during the quarter, compared to analyst estimates of $585.27 million. During the same quarter last year, the business posted $0.78 earnings per share. The firm’s revenue was up 49.3% on a year-over-year basis. As a group, sell-side analysts expect that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 2.52 earnings per share for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in TTWO. Lincoln National Corp grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 1.6% during the 1st quarter. Lincoln National Corp now owns 5,000 shares of the company’s stock valued at $593,000 after purchasing an additional 79 shares during the last quarter. Rafferty Asset Management LLC increased its position in shares of TAKE-TWO INTERACTIVE SOFTWARE by 0.4% during the 1st quarter. Rafferty Asset Management LLC now owns 19,740 shares of the company’s stock worth $2,341,000 after purchasing an additional 85 shares during the last quarter. Wealthsource Partners LLC raised its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 4.5% in the 4th quarter. Wealthsource Partners LLC now owns 2,071 shares of the company’s stock valued at $254,000 after buying an additional 89 shares during the period. Utah Retirement Systems lifted its position in TAKE-TWO INTERACTIVE SOFTWARE by 0.5% in the fourth quarter. Utah Retirement Systems now owns 21,449 shares of the company’s stock valued at $2,626,000 after buying an additional 100 shares during the last quarter. Finally, Cigna Investments Inc. New boosted its stake in TAKE-TWO INTERACTIVE SOFTWARE by 3.3% during the first quarter. Cigna Investments Inc. New now owns 3,158 shares of the company’s stock worth $375,000 after buying an additional 100 shares during the period. Institutional investors own 92.27% of the company’s stock.
Several equities analysts recently weighed in on the company. BidaskClub upgraded TAKE-TWO INTERACTIVE SOFTWARE from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. MKM Partners upgraded shares of TAKE-TWO INTERACTIVE SOFTWARE from a “neutral” rating to a “buy” rating and raised their target price for the stock from $145.00 to $160.00 in a research note on Friday, June 12th. Nomura Instinet upped their price target on shares of TAKE-TWO INTERACTIVE SOFTWARE from $120.00 to $137.00 and gave the stock a “neutral” rating in a research report on Thursday, May 21st. Zacks Investment Research downgraded shares of TAKE-TWO INTERACTIVE SOFTWARE from a “strong-buy” rating to a “hold” rating and set a $147.00 price objective on the stock. in a research report on Friday, June 5th. Finally, Cfra dropped their target price on shares of TAKE-TWO INTERACTIVE SOFTWARE from $132.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday, March 25th. Ten analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $144.79.
About TAKE-TWO INTERACTIVE SOFTWARE
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; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.
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