Cwm LLC Has $4.76 Million Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Cwm LLC lowered its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 20.2% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 32,074 shares of the company’s stock after selling 8,138 shares during the period. Cwm LLC’s holdings in Take-Two Interactive Software were worth $4,763,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of TTWO. Kentucky Retirement Systems Insurance Trust Fund boosted its holdings in Take-Two Interactive Software by 1.2% in the 4th quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 5,635 shares of the company’s stock valued at $907,000 after purchasing an additional 68 shares during the period. Tectonic Advisors LLC grew its position in Take-Two Interactive Software by 4.2% during the fourth quarter. Tectonic Advisors LLC now owns 1,712 shares of the company’s stock worth $276,000 after buying an additional 69 shares in the last quarter. Drive Wealth Management LLC increased its stake in Take-Two Interactive Software by 4.5% during the 4th quarter. Drive Wealth Management LLC now owns 1,606 shares of the company’s stock worth $258,000 after acquiring an additional 69 shares during the period. Belpointe Asset Management LLC raised its holdings in Take-Two Interactive Software by 3.7% in the 3rd quarter. Belpointe Asset Management LLC now owns 1,986 shares of the company’s stock valued at $279,000 after acquiring an additional 70 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV lifted its position in shares of Take-Two Interactive Software by 14.8% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 543 shares of the company’s stock valued at $87,000 after acquiring an additional 70 shares during the period. 95.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on TTWO shares. Jefferies Financial Group decreased their price target on Take-Two Interactive Software from $195.00 to $175.00 and set a “buy” rating on the stock in a research report on Friday, May 17th. HSBC cut shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating and set a $154.00 target price for the company. in a research report on Friday, May 17th. Wedbush reiterated an “outperform” rating and set a $190.00 price target on shares of Take-Two Interactive Software in a research report on Friday, May 17th. Roth Mkm cut their target price on Take-Two Interactive Software from $185.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, May 17th. Finally, Benchmark reissued a “buy” rating and issued a $200.00 price target on shares of Take-Two Interactive Software in a research note on Friday, May 17th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nineteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $178.09.

Take-Two Interactive Software Stock Down 1.3 %

NASDAQ TTWO traded down $2.03 on Wednesday, reaching $155.37. The company had a trading volume of 1,184,597 shares, compared to its average volume of 1,697,948. Take-Two Interactive Software, Inc. has a 52-week low of $130.34 and a 52-week high of $171.59. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $26.63 billion, a P/E ratio of -7.07, a P/E/G ratio of 5.10 and a beta of 0.84. The company’s fifty day moving average is $150.98 and its 200 day moving average is $154.14.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Thursday, May 16th. The company reported ($17.02) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($17.09). The firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Take-Two Interactive Software had a positive return on equity of 2.19% and a negative net margin of 69.99%. The firm’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.47 earnings per share. Sell-side analysts anticipate that Take-Two Interactive Software, Inc. will post 0.95 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Michael Sheresky sold 218 shares of the stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $167.12, for a total transaction of $36,432.16. Following the completion of the transaction, the director now directly owns 64,173 shares of the company’s stock, valued at approximately $10,724,591.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director Michael Sheresky sold 218 shares of Take-Two Interactive Software stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $167.12, for a total value of $36,432.16. Following the completion of the transaction, the director now owns 64,173 shares in the company, valued at $10,724,591.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jon J. Moses sold 2,500 shares of the business’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $151.25, for a total value of $378,125.00. Following the sale, the director now owns 21,981 shares in the company, valued at $3,324,626.25. The disclosure for this sale can be found here. Insiders sold a total of 93,569 shares of company stock valued at $13,909,565 over the last three months. Corporate insiders own 1.37% of the company’s stock.

About Take-Two Interactive Software

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.