Take-Two Interactive Software, Inc.’s recently made public that 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 $12.27 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 $8.95 million.
Citigroup upgraded its Take-Two Interactive Software, Inc. [TTWO] rating to a Buy from 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 Friday, Take-Two Interactive Software, Inc. [NASDAQ:TTWO] saw its stock fall -0.03% to $140.60. Over the last five days, the stock has lost -4.53%. Take-Two Interactive Software, Inc. shares have fallen nearly -12.64% since the year began. Nevertheless, the stocks have risen 13.98% 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 04/19/24. SMA at 50 days reached $149.03, while 200 days put it at $149.36. A total of 2.54 million shares were traded, compared to the trading of 1.49 million shares in the previous session.
Levels Of Support And Resistance For TTWO Stock
The 24-hour chart illustrates a support level at 139.59, which if violated will result in even more drops to 138.57. On the upside, there is a resistance level at 141.28. A further resistance level may holdings at 141.95. The Relative Strength Index (RSI) on the 14-day chart is 33.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.06%. Stochastics %K at 3.50% 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.
