In a filing, Take-Two Interactive Software, Inc. revealed its Director Sheresky Michael unloaded Company’s shares for reported $40487.0 on Feb 15 ’24. In the deal valued at $155.72 per share,260 shares were sold. As a result of this transaction, Sheresky Michael now holds 63,645 shares worth roughly $9.85 million.
Then, Goldstein Lainie sold 20,701 shares, generating $3,270,957 in total proceeds. Upon selling the shares at $158.01, the Chief Financial Officer now owns 322,133 shares.
Before that, ZELNICK STRAUSS sold 8,000 shares. Take-Two Interactive Software, Inc. shares valued at $1,257,181 were divested by the Chairman, CEO at a price of $157.15 per share. As a result of the transaction, ZELNICK STRAUSS now holds 0 shares, worth roughly $0.0.
Citigroup upgraded its Take-Two Interactive Software, Inc. [TTWO] rating to a Buy from a a Neutral in a research note published on April 08, 2024; the price target was increased to $200 from $170. MoffettNathanson also remained covering TTWO and has decreased its forecast on February 05, 2024 with a “Neutral” recommendation from previously “Buy” rating. BMO Capital Markets started covering the stock on January 09, 2024. It rated TTWO as “an Outperform”.
Price Performance Review of TTWO
On Tuesday, Take-Two Interactive Software, Inc. [NASDAQ:TTWO] saw its stock jump 0.68% to $154.70. Over the last five days, the stock has gained 3.43%. Take-Two Interactive Software, Inc. shares have fallen nearly -3.88% since the year began. Nevertheless, the stocks have risen 30.00% over the past one year. While a 52-week high of $171.59 was reached on 02/08/24, a 52-week low of $117.35 was recorded on 03/14/24. SMA at 50 days reached $152.38, while 200 days put it at $149.34. A total of 1.02 million shares were traded, compared to the trading of 1.5 million shares in the previous session.
Levels Of Support And Resistance For TTWO Stock
The 24-hour chart illustrates a support level at 153.30, which if violated will result in even more drops to 151.89. On the upside, there is a resistance level at 156.18. A further resistance level may holdings at 157.65. The Relative Strength Index (RSI) on the 14-day chart is 60.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.02, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.75%. Stochastics %K at 85.44% indicates the stock is a selling.
How much short interest is there in Take-Two Interactive Software, Inc.?
A steep rise in short interest was recorded in Take-Two Interactive Software, Inc. stocks on Mar 28, 2024, growing by 1.63 million shares to a total of 8.49 million shares. Yahoo Finance data shows the prior-month short interest on Feb 29, 2024 was 6.86 million shares. There was a rise of 19.2%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 5.59% of the overall stock float, the days-to-cover ratio (short ratio) rose to 4.2.
The most recent change occurred on December 12, 2023 when Wolfe Research began covering the stock and recommended ‘”an Outperform”‘ rating along with a $186 price target.
