Lainie Goldstein Sells 30,000 Shares of Take-Two Interactive Software, Inc. (TTWO) Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) CFO Lainie Goldstein sold 30,000 shares of the stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $115.54, for a total value of $3,466,200.00. Following the completion of the transaction, the chief financial officer now directly owns 351,019 shares in the company, valued at approximately $40,556,735.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Take-Two Interactive Software, Inc. (NASDAQ TTWO) opened at $118.88 on Wednesday. The firm has a market capitalization of $13,193.66, a P/E ratio of 45.19, a price-to-earnings-growth ratio of 3.35 and a beta of 0.82. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.31 and a current ratio of 1.33. Take-Two Interactive Software, Inc. has a 1-year low of $46.05 and a 1-year high of $120.62.

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A number of research analysts have weighed in on the company. BMO Capital Markets increased their target price on Take-Two Interactive Software from $125.00 to $135.00 and gave the company an “outperform” rating in a report on Monday. Stifel Nicolaus restated a “buy” rating and issued a $135.00 price target (up previously from $122.00) on shares of Take-Two Interactive Software in a research report on Thursday, November 9th. TheStreet cut Take-Two Interactive Software from a “b” rating to a “c+” rating in a research report on Tuesday, November 7th. Barclays PLC upped their price target on Take-Two Interactive Software from $115.00 to $121.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 8th. Finally, Bank of America Corporation upped their price target on Take-Two Interactive Software from $106.00 to $127.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. One analyst has rated the stock with a sell rating, four have given a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $110.65.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC grew its holdings in Take-Two Interactive Software by 0.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 9,750 shares of the company’s stock valued at $715,000 after buying an additional 39 shares in the last quarter. Cigna Investments Inc. New grew its holdings in Take-Two Interactive Software by 1.3% during the 2nd quarter. Cigna Investments Inc. New now owns 3,971 shares of the company’s stock valued at $291,000 after buying an additional 52 shares in the last quarter. J.P. Marvel Investment Advisors LLC grew its holdings in Take-Two Interactive Software by 0.3% during the 2nd quarter. J.P. Marvel Investment Advisors LLC now owns 21,158 shares of the company’s stock valued at $1,553,000 after buying an additional 63 shares in the last quarter. First Citizens Bank & Trust Co. grew its holdings in Take-Two Interactive Software by 1.8% during the 2nd quarter. First Citizens Bank & Trust Co. now owns 7,194 shares of the company’s stock valued at $528,000 after buying an additional 129 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Take-Two Interactive Software by 2.3% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,154 shares of the company’s stock valued at $1,112,000 after buying an additional 340 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.

Insider Buying and Selling by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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