Shares of Take-Two Interactive Software (TTWO) Rally 1.53%

Take-Two Interactive Software (TTWO) : Traders are bullish on Take-Two Interactive Software (TTWO) as it has outperformed the S&P 500 by a wide margin of 4.49% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.04%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.53% in the last 1 week, and is up 9.06% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 6.06% and the 50-Day Moving Average is 7.4%.

Take-Two Interactive Software (NASDAQ:TTWO): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $40.01 and $39.81 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $40.52. The buying momentum continued till the end and the stock did not give up its gains. It closed at $40.45, notching a gain of 1.23% for the day. The total traded volume was 1,195,847 . The stock had closed at $39.96 on the previous day.


The company Insiders own 3.04% of Take-Two Interactive Software shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -19.8% . During last six month period, the net percent change held by insiders has seen a change of -19.8%. In a related news,The director of Take Two Interactive Software Inc, Dornemann Michael sold 11,500 shares at $39.66 on June 9, 2016. The Insider selling transaction had a total value worth of $456,090. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Take-Two Interactive Software, Inc. is a developer, publisher and marketer of interactive entertainment. The Company develops and publishes products through its two wholly owned labels Rockstar Games and 2K. The Company has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world. The Companys products are designed for console gaming systems, such as Sonys PlayStation 3 and PlayStation 4, Microsofts Xbox 360 and Xbox One, and personal computers, including Smartphones and tablets. Rockstar Games is the developer and publisher of Grand Theft Auto, as well as other franchises, including L.A. Noire, Max Payne, Midnight Club and Red Dead. The Companys 2K publishes owned and licensed titles across a range of genres, including shooter, action, role-playing, strategy, sports and family/casual.

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