Why Is TTWO Falling Today?

This morning we watched Take-Two Interactive Software drop -6.3% to a price of $142.91 per share. The Large-Cap Software company is now trading -18.45% below its average target price of $175.24. Analysts have set target prices ranging from $135.0 to $200.0 per share for Take-Two Interactive Software, and have given the stock an average rating of buy.

Take-Two Interactive Software's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 4.5%. The stock's short ratio is 3.65. The company's insiders own 1.38% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 99.3%. In conclusion, we believe there is positive market sentiment regarding Take-Two Interactive Software.

Institutions Invested in Take-Two Interactive Software

Date Reported Holder Percentage Shares Value
2023-12-31 Vanguard Group Inc 11% 18,764,312 $2,681,701,523
2023-12-31 Blackrock Inc. 7% 12,727,037 $1,818,884,407
2023-12-31 Public Investment Fund 7% 11,414,680 $1,631,328,915
2023-12-31 State Street Corporation 5% 8,962,735 $1,280,909,212
2023-12-31 Capital International Investors 4% 7,240,160 $1,034,727,417
2023-12-31 Capital World Investors 4% 7,089,368 $1,013,176,980
2023-12-31 JP Morgan Chase & Company 4% 6,589,249 $941,702,476
2023-12-31 Tiger Global Management, LLC 3% 5,156,174 $736,894,572
2023-12-31 Massachusetts Financial Services Co. 3% 4,691,926 $670,546,572
2023-12-31 Geode Capital Management, LLC 2% 3,664,959 $523,777,590
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.