Take-Two Interactive Software, Inc (NASDAQ: TTWO) is 15.29% higher on its value in year-to-date trading and has touched a low of $135.24 and a high of $190.43 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TTWO stock was last observed hovering at around $187.85 in the last trading session, with the day’s loss setting it -2.29%.
Currently trading at $185.56, the stock is 4.04% and 12.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing -1.22% at the moment leaves the stock 20.27% off its SMA200. TTWO registered 18.43% gain for a year compared to 6-month gain of 16.13%. The firm has a 50-day simple moving average (SMA 50) of $164.2334 and a 200-day simple moving average (SMA200) of $154.28876.
The stock witnessed a 14.35% loss in the last 1 month and extending the period to 3 months gives it a 15.61%, and is 0.03% 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 1.43% over the week and 2.17% over the month.
Take-Two Interactive Software, Inc (TTWO) has around 12371 employees, a market worth around $32.19B and $5.46B in sales. Fwd P/E is 24.49. Profit margin for the company is -66.38%. Distance from 52-week low is 37.21% and -2.56% from its 52-week high. The company has generated returns on investments over the last 12 months (-39.15%).
The EPS is expected to shrink by -10.40% this year
1173.0 institutions hold shares in Take-Two Interactive Software, Inc (TTWO), with institutional investors hold 101.03% of the company’s shares. The shares outstanding are 170.80M, and float is at 161.67M with Short Float at 4.38%. Institutions hold 99.57% 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 ZELNICK STRAUSS, the company’s Chairman, CEO. SEC filings show that ZELNICK STRAUSS sold 20,000 shares of the company’s common stock on Nov 19 ’24 at a price of $184.70 per share for a total of $3.69 million. Following the sale, the insider now owns 39051.0 shares.
Still, SEC filings show that on Nov 08 ’24, ZELNICK STRAUSS (Chairman, CEO) disposed off 25,000 shares at an average price of $176.40 for $4.41 million. The insider now directly holds 0 shares of Take-Two Interactive Software, Inc (TTWO).
