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Analyzing Take-Two Interactive Software, Inc. (TTWO) After Recent Trading Activity

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 $12.73 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 $9.28 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 Friday, Take-Two Interactive Software, Inc. [NASDAQ:TTWO] saw its stock jump 1.96% to $145.88. Over the last five days, the stock has gained 0.98%. Take-Two Interactive Software, Inc. shares have fallen nearly -9.36% since the year began. Nevertheless, the stocks have risen 19.44% 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 04/22/24. SMA at 50 days reached $146.55, while 200 days put it at $149.07. A total of 1.07 million shares were traded, compared to the trading of 1.23 million shares in the previous session.

Levels Of Support And Resistance For TTWO Stock

The 24-hour chart illustrates a support level at 144.46, which if violated will result in even more drops to 143.04. On the upside, there is a resistance level at 146.79. A further resistance level may holdings at 147.70. The Relative Strength Index (RSI) on the 14-day chart is 51.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.97, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.67%. Stochastics %K at 54.56% indicates the stock is a holding.

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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