TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) Insider Sells $570,465.00 in Stock

TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) insider Daniel P. Emerson sold 4,500 shares of the company’s stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $126.77, for a total transaction of $570,465.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Daniel P. Emerson also recently made the following trade(s):

  • On Monday, June 17th, Daniel P. Emerson sold 8,758 shares of TAKE-TWO INTERACTIVE SOFTWARE stock. The shares were sold at an average price of $109.92, for a total transaction of $962,679.36.

NASDAQ TTWO opened at $134.21 on Thursday. The company has a quick ratio of 1.44, a current ratio of 1.45 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $15.19 billion, a P/E ratio of 34.59, a P/E/G ratio of 3.81 and a beta of 0.80. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 12-month low of $84.41 and a 12-month high of $139.91. The firm has a 50-day moving average price of $121.76 and a two-hundred day moving average price of $104.90.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last posted its quarterly earnings data on Monday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.27) by $0.14. The firm had revenue of $422.24 million during the quarter, compared to the consensus estimate of $356.65 million. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 10.93% and a return on equity of 23.95%. The business’s revenue for the quarter was up 46.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.12 EPS. Equities analysts expect that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.16 EPS for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of TTWO. We Are One Seven LLC lifted its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 2.3% during the 2nd quarter. We Are One Seven LLC now owns 3,869 shares of the company’s stock worth $439,000 after acquiring an additional 86 shares during the period. Commonwealth Bank of Australia lifted its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 36.6% during the 2nd quarter. Commonwealth Bank of Australia now owns 325 shares of the company’s stock worth $35,000 after acquiring an additional 87 shares during the period. Kistler Tiffany Companies LLC lifted its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 22.8% during the 2nd quarter. Kistler Tiffany Companies LLC now owns 571 shares of the company’s stock worth $65,000 after acquiring an additional 106 shares during the period. First Republic Investment Management Inc. lifted its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 4.0% during the 2nd quarter. First Republic Investment Management Inc. now owns 2,922 shares of the company’s stock worth $332,000 after acquiring an additional 112 shares during the period. Finally, Keybank National Association OH lifted its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 2.3% during the 2nd quarter. Keybank National Association OH now owns 5,082 shares of the company’s stock worth $577,000 after acquiring an additional 114 shares during the period. 91.86% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages recently commented on TTWO. Buckingham Research decreased their price target on shares of TAKE-TWO INTERACTIVE SOFTWARE from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Tuesday, May 14th. BidaskClub upgraded shares of TAKE-TWO INTERACTIVE SOFTWARE from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, July 2nd. Piper Jaffray Companies upped their price target on shares of TAKE-TWO INTERACTIVE SOFTWARE from $114.00 to $134.00 and gave the company an “in-line” rating in a research note on Tuesday, August 6th. Stifel Nicolaus set a $138.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE and gave the company a “buy” rating in a research note on Wednesday, August 7th. Finally, SunTrust Banks began coverage on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research note on Wednesday, June 26th. They issued a “buy” rating and a $125.00 price target on the stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $131.64.

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

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