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TTWO (Take-Two Interactive Software, Inc) may reap gains as insiders became active recently

In a filing, Take-Two Interactive Software, Inc revealed its Chief Financial Officer Goldstein Lainie unloaded Company’s shares for reported $0.21 million on Dec 02 ’24. In the deal valued at $187.64 per share,1,131 shares were sold. As a result of this transaction, Goldstein Lainie now holds 310,992 shares worth roughly $58.77 million.

Then, Emerson Daniel P sold 777 shares, generating $145,796 in total proceeds. Upon selling the shares at $187.64, the Chief Legal Officer now owns 149,379 shares.

Before that, Emerson Daniel P sold 618 shares. Take-Two Interactive Software, Inc shares valued at $116,400 were divested by the Chief Legal Officer at a price of $188.35 per share. As a result of the transaction, Emerson Daniel P now holds 148,761 shares, worth roughly $28.11 million.

Citigroup reiterated its Take-Two Interactive Software, Inc [TTWO] rating to a Buy in a research note published on December 11, 2024; the price target was $225. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who began to cover the stock in late August with a ‘”a Buy”‘ rating. HSBC Securities also remained covering TTWO and has increased its forecast on August 12, 2024 with a “Buy” recommendation from previously “Hold” rating. BofA Securities revised its rating on May 23, 2024. It rated TTWO as “a Buy” which previously was an “a Neutral”.

Price Performance Review of TTWO

On Monday, Take-Two Interactive Software, Inc [NASDAQ:TTWO] saw its stock jump 0.12% to $188.98. Over the last five days, the stock has gained 1.37%. Take-Two Interactive Software, Inc shares have risen nearly 2.66% since the year began. Nevertheless, the stocks have risen 18.96% over the past one year. While a 52-week high of $191.91 was reached on 01/06/25, a 52-week low of $135.24 was recorded on 01/02/25. SMA at 50 days reached $180.75, while 200 days put it at $159.10.

Levels Of Support And Resistance For TTWO Stock

The 24-hour chart illustrates a support level at 187.48, which if violated will result in even more drops to 185.98. On the upside, there is a resistance level at 191.31. A further resistance level may holdings at 193.64. The Relative Strength Index (RSI) on the 14-day chart is 59.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.93, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 24.05%. Stochastics %K at 69.00% indicates the stock is a holding.

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 2024-12-13, growing by 0.3 million shares to a total of 7.38 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 7.08 million shares. There was a rise of 4.04%, which implies that there is a positive sentiment for the stock.

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