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Take-Two Interactive Software, Inc. (TTWO) Volatility At 2.11%, Should You Add A Position?

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) is -4.73% lower on its value in year-to-date trading and has touched a low of $130.34 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 $152.71 in the last trading session, with the day’s gains setting it 0.62%.

Currently trading at $153.33, the stock is -2.26% and 1.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.45 million and changing 0.41% at the moment leaves the stock -0.14% off its SMA200. TTWO registered 8.49% gain for a year compared to 6-month gain of 5.60%.

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The stock witnessed a 1.88% loss in the last 1 month and extending the period to 3 months gives it a -1.31%, and is 0.65% up 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 2.11% over the week and 2.22% over the month.

Take-Two Interactive Software, Inc. (TTWO) has around 12371 employees, a market worth around $26.88B and $5.40B in sales. Fwd P/E is 19.86. Profit margin for the company is -70.33%. Distance from 52-week low is 17.64% and -10.64% from its 52-week high. The company has generated returns on investments over the last 12 months (-40.21%).

The EPS is expected to grow by 2.39% this year

1190.0 institutions hold shares in Take-Two Interactive Software, Inc. (TTWO), with institutional investors hold 99.98% of the company’s shares. The shares outstanding are 170.80M, and float is at 161.28M with Short Float at 4.28%. Institutions hold 98.51% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.71 million shares valued at $2.91 billion. The investor’s holdings represent 10.9976 of the TTWO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 12.98 million shares valued at $2.02 billion to account for 7.6291 of the shares outstanding. The other top investors are PUBLIC INVESTMENT FUND which holds 11.41 million shares representing 6.7106 and valued at over $1.77 billion, while STATE STREET CORP holds 5.8897 of the shares totaling 10.02 million with a market value of $1.56 billion.

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

The most recent transaction is an insider sale by Emerson Daniel P, the company’s Chief Legal Officer. SEC filings show that Emerson Daniel P sold 790 shares of the company’s common stock on Sep 03 ’24 at a price of $158.14 per share for a total of $0.12 million. Following the sale, the insider now owns 0.15 million shares.

Take-Two Interactive Software, Inc. disclosed in a document filed with the SEC on Sep 03 ’24 that Goldstein Lainie (Chief Financial Officer) sold a total of 1,152 shares of the company’s common stock. The trade occurred on Sep 03 ’24 and was made at $158.14 per share for $0.18 million. Following the transaction, the insider now directly holds 0.36 million shares of the TTWO stock.

Still, SEC filings show that on Sep 03 ’24, Emerson Daniel P (Officer) Proposed Sale 790 shares at an average price of $158.14 for $0.12 million. The insider now directly holds shares of Take-Two Interactive Software, Inc. (TTWO).

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