SFE Investment Counsel Has $1.27 Million Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

SFE Investment Counsel cut its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 19.7% during the fourth quarter, Holdings Channel reports. The firm owned 7,917 shares of the company’s stock after selling 1,941 shares during the quarter. SFE Investment Counsel’s holdings in Take-Two Interactive Software were worth $1,274,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cary Street Partners Investment Advisory LLC raised its position in shares of Take-Two Interactive Software by 110.7% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 177 shares of the company’s stock worth $25,000 after purchasing an additional 93 shares during the period. CVA Family Office LLC acquired a new stake in shares of Take-Two Interactive Software during the fourth quarter worth $25,000. NBC Securities Inc. acquired a new stake in shares of Take-Two Interactive Software during the third quarter worth $27,000. BluePath Capital Management LLC acquired a new stake in shares of Take-Two Interactive Software during the third quarter worth $30,000. Finally, Whittier Trust Co. acquired a new stake in shares of Take-Two Interactive Software during the third quarter worth $30,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 260 shares of the stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $155.72, for a total transaction of $40,487.20. Following the completion of the sale, the director now owns 63,645 shares in the company, valued at approximately $9,910,799.40. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, Director Michael Sheresky sold 260 shares of the stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $155.72, for a total transaction of $40,487.20. Following the completion of the sale, the director now owns 63,645 shares in the company, valued at approximately $9,910,799.40. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, President Karl Slatoff sold 90,851 shares of the stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $148.54, for a total value of $13,495,007.54. Following the sale, the president now owns 87,286 shares of the company’s stock, valued at approximately $12,965,462.44. The disclosure for this sale can be found here. 1.37% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on TTWO shares. Stifel Nicolaus reissued a “buy” rating and set a $175.00 price target on shares of Take-Two Interactive Software in a research report on Monday, April 1st. Moffett Nathanson lowered Take-Two Interactive Software from a “buy” rating to a “neutral” rating and dropped their price target for the company from $169.00 to $167.00 in a research report on Monday, February 5th. Citigroup raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and upped their price target for the company from $170.00 to $200.00 in a research report on Monday, April 8th. Jefferies Financial Group started coverage on Take-Two Interactive Software in a research report on Monday, April 1st. They set a “buy” rating and a $195.00 price target on the stock. Finally, JPMorgan Chase & Co. dropped their price target on Take-Two Interactive Software from $188.00 to $180.00 and set an “overweight” rating on the stock in a research report on Friday, February 9th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $176.39.

Take-Two Interactive Software Stock Down 1.3 %

Shares of TTWO traded down $1.83 during trading hours on Thursday, hitting $141.33. 784,420 shares of the company were exchanged, compared to its average volume of 1,655,059. The company has a market cap of $24.11 billion, a PE ratio of -16.69, a PEG ratio of 1.24 and a beta of 0.74. The firm’s 50 day moving average is $149.44 and its 200-day moving average is $152.15. Take-Two Interactive Software, Inc. has a 52 week low of $119.57 and a 52 week high of $171.59. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.82 and a current ratio of 0.82.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Thursday, February 8th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.02). The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.34 billion. Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. On average, equities research analysts forecast that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current fiscal year.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.