Laverne Evans Srinivasan Sells 2,000 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Laverne Evans Srinivasan sold 2,000 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the completion of the sale, the director now directly owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

Take-Two Interactive Software Trading Down 0.2 %

TTWO stock opened at $181.48 on Friday. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $182.62. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. The firm’s fifty day moving average is $158.56 and its 200 day moving average is $154.75.

Institutional Investors Weigh In On Take-Two Interactive Software

Several hedge funds have recently modified their holdings of the company. Crewe Advisors LLC increased its stake in shares of Take-Two Interactive Software by 297.9% in the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after purchasing an additional 143 shares in the last quarter. UMB Bank n.a. increased its position in shares of Take-Two Interactive Software by 155.1% in the second quarter. UMB Bank n.a. now owns 199 shares of the company’s stock valued at $31,000 after buying an additional 121 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of Take-Two Interactive Software in the third quarter valued at approximately $31,000. HHM Wealth Advisors LLC acquired a new position in shares of Take-Two Interactive Software during the 2nd quarter worth approximately $37,000. Finally, Blue Trust Inc. lifted its position in shares of Take-Two Interactive Software by 410.6% during the 2nd quarter. Blue Trust Inc. now owns 240 shares of the company’s stock valued at $36,000 after buying an additional 193 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on TTWO shares. JPMorgan Chase & Co. decreased their price objective on shares of Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating for the company in a research report on Tuesday, October 22nd. Hsbc Global Res raised shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, August 12th. UBS Group upped their target price on Take-Two Interactive Software from $156.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Stifel Nicolaus lifted their price target on Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a “buy” rating in a research report on Thursday, September 5th. Finally, Morgan Stanley raised their price objective on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Two investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $188.70.

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.