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Checking in on Take-Two Interactive Software, Inc. (TTWO) after recent insiders movement

In a filing, Take-Two Interactive Software, Inc. revealed its President Slatoff Karl unloaded Company’s shares for reported $13.49 million on Apr 12 ’24. In the deal valued at $148.54 per share,90,851 shares were sold. As a result of this transaction, Slatoff Karl now holds 87,286 shares worth roughly $12.7 million.

Then, ZELNICK STRAUSS sold 90,851 shares, generating $13,494,773 in total proceeds. Upon selling the shares at $148.54, the Chairman, CEO now owns 87,286 shares.

Before that, Sheresky Michael sold 260 shares. Take-Two Interactive Software, Inc. shares valued at $40,487 were divested by the Director at a price of $155.72 per share. As a result of the transaction, Sheresky Michael now holds 63,645 shares, worth roughly $9.26 million.

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 0.10% to $145.45. Over the last five days, the stock has lost -5.98%. Take-Two Interactive Software, Inc. shares have fallen nearly -9.63% since the year began. Nevertheless, the stocks have risen 18.18% over the past one year. While a 52-week high of $171.59 was reached on 02/08/24, a 52-week low of $119.57 was recorded on 03/14/24. SMA at 50 days reached $150.54, while 200 days put it at $149.44. A total of 1.87 million shares were traded, compared to the trading of 1.92 million shares in the previous session.

Levels Of Support And Resistance For TTWO Stock

The 24-hour chart illustrates a support level at 144.72, which if violated will result in even more drops to 144.00. On the upside, there is a resistance level at 146.14. A further resistance level may holdings at 146.84. The Relative Strength Index (RSI) on the 14-day chart is 41.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.76%. Stochastics %K at 17.64% indicates the stock is a buying.

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.

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