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www.gamespot.com · Sep 10

A Top Boss At GTA 6 Company Take-Two Sold A Bunch Of Stock, But It’s Not What You Think

With Rockstar's GTA 6 on the horizon, and poised for massive success, many people might be interested in buying stock of Rockstar's parent company, Take-Two, as opposed to selling it. One Take-Two executive, CFO Lainie Goldstein, recently sold a big chunk of shares, prompting some to theorize as to why. But the answer is not very exciting at all and doesn't speak to anything specific about her views on GTA 6 or the company's outlook generally going forward. A regulatory filing (via The Motley Fool) revealed that Goldstein sold 1,335 shares of Take-Two on September 2 at a price of $217.65. The total sale price worked out to $282,039. That's a fat stack of cash, but it was an automatic sell-to-cover sale to satisfy tax witholding obligations. Not very exciting stuff. Following the sale of these 1,335 shares, Goldstein continues to hold a whopping 282,039 shares of Take-Two, which are worth more than $60 million on the open market. The value of those shares could climb significantly, as numerous stock analysts at big banks are projecting Take-Two's stock to grow significantly, with some saying it could go beyond $300 per share. Take-Two currently trades at around $211/share, which is…

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