Take-Two Interactive Software, Inc. (NASDAQ: TTWO) is -3.75% 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 $156.05 in the last trading session, with the day’s loss setting it -1.14%.
Currently trading at $154.91, the stock is 1.66% and 1.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.77 million and changing -0.73% at the moment leaves the stock 1.34% off its SMA200. TTWO registered 7.88% gain for a year compared to 6-month gain of 8.21%. The firm has a 50-day simple moving average (SMA 50) of $152.5316 and a 200-day simple moving average (SMA200) of $152.8892.
The stock witnessed a 1.44% loss in the last 1 month and extending the period to 3 months gives it a 3.07%, and is 0.68% 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 1.46% over the week and 1.90% over the month.
Take-Two Interactive Software, Inc. (TTWO) has around 12371 employees, a market worth around $27.15B and $5.40B in sales. Fwd P/E is 20.00. Profit margin for the company is -70.33%. Distance from 52-week low is 18.85% and -9.72% from its 52-week high. The company has generated returns on investments over the last 12 months (-40.21%).
Take-Two Interactive Software, Inc. quarterly earnings per share for the current quarter are estimated at 0.42 with sales reaching $1.44B over the same period.The EPS is expected to grow by 2.18% this year, but quarterly earnings will post 5.40% year-over-year.
1184.0 institutions hold shares in Take-Two Interactive Software, Inc. (TTWO), with institutional investors hold 99.91% of the company’s shares. The shares outstanding are 170.80M, and float is at 161.28M with Short Float at 4.62%. Institutions hold 98.43% 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).
