Will Take-Two Interactive Software, Inc. (TTWO) benefit from Wall Street bulls Calls?

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) is -3.53% lower on its value in year-to-date trading and has touched a low of $107.92 and a high of $171.59 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TTWO stock was last observed hovering at around $154.91 in the last trading session, with the day’s gains setting it 0.36%.

Currently trading at $155.27, the stock is -5.79% and -3.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.44 million and changing 0.23% at the moment leaves the stock 6.42% off its SMA200. TTWO registered 40.03% gain for a year compared to 6-month gain of 10.75%. The firm has a 50-day simple moving average (SMA 50) of $5.39 and a 200-day simple moving average (SMA200) of $51.83.

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The stock witnessed a -3.88% loss in the last 1 month and extending the period to 3 months gives it a 6.12%, and is -5.33% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.54% over the week and 1.80% over the month.

Fwd P/E is 25.08. Profit margin for the company is -26.90%. Distance from 52-week low is 43.88% and -9.51% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.52%).

Take-Two Interactive Software, Inc. quarterly earnings per share for the current quarter are estimated at $0.36 with sales reaching $1.37B over the same period.The EPS is expected to shrink by -30.84% this year, but quarterly earnings will post 1.40% year-over-year. Quarterly sales are estimated to shrink -2.00% in year-over-year returns.

Take-Two Interactive Software, Inc. (TTWO) Top Institutional Holders

1,136 institutions hold shares in Take-Two Interactive Software, Inc. (TTWO), with institutional investors hold 99.66% of the company’s shares. The shares outstanding are 168.90M, and float is at 156.11M with Short Float at 4.66%. Institutions hold 98.29% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 18.48 million shares valued at $2.72 billion. The investor’s holdings represent 10.88% of the TTWO Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 11.64 million shares valued at $1.71 billion to account for 6.85% of the shares outstanding. The other top investors are Public Investment Fund which holds 11.41 million shares representing 6.72% and valued at over $1.68 billion, while Capital International Investors holds 5.87% of the shares totaling 9.97 million with a market value of $1.47 billion.

Take-Two Interactive Software, Inc. (TTWO) Insider Activity

A total of 20 insider transactions have happened at Take-Two Interactive Software, Inc. (TTWO) in the last six months, with sales accounting for 2 and purchases happening 18 times. The most recent transaction is an insider sale by Goldstein Lainie,the company’sChief Financial Officer. SEC filings show that Goldstein Lainie sold 20,701 shares of the company’s common stock on Dec 06 at a price of $158.01 per share for a total of $3.27 million. Following the sale, the insider now owns 0.32 million shares.

Take-Two Interactive Software, Inc. disclosed in a document filed with the SEC on Dec 06 that ZELNICK STRAUSS (Chairman, CEO) sold a total of 8,000 shares of the company’s common stock. The trade occurred on Dec 06 and was made at $157.15 per share for $1.26 million. Following the transaction, the insider now directly holds 0.0 shares of the TTWO stock.

Still, SEC filings show that on Dec 06, Srinivasan LaVerne Evans (Director) disposed off 1,905 shares at an average price of $157.37 for $0.3 million. The insider now directly holds 10,056 shares of Take-Two Interactive Software, Inc. (TTWO).

Take-Two Interactive Software, Inc. (TTWO): Who are the competitors?

Electronic Arts Inc. (EA) that is 21.51% higher over the same period.