Capital International Ltd. CA Grows Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Capital International Ltd. CA boosted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 27.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 18,146 shares of the company’s stock after buying an additional 3,892 shares during the quarter. Capital International Ltd. CA’s holdings in Take-Two Interactive Software were worth $2,694,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. United Asset Strategies Inc. bought a new position in shares of Take-Two Interactive Software during the fourth quarter valued at approximately $1,527,000. TD Asset Management Inc increased its stake in Take-Two Interactive Software by 269.8% in the fourth quarter. TD Asset Management Inc now owns 495,177 shares of the company’s stock worth $79,699,000 after purchasing an additional 361,273 shares during the period. Secured Retirement Advisors LLC purchased a new stake in Take-Two Interactive Software in the fourth quarter worth $953,000. Nordea Investment Management AB lifted its position in shares of Take-Two Interactive Software by 3.5% during the first quarter. Nordea Investment Management AB now owns 731,045 shares of the company’s stock worth $109,182,000 after purchasing an additional 24,723 shares during the last quarter. Finally, QRG Capital Management Inc. boosted its stake in shares of Take-Two Interactive Software by 169.7% during the first quarter. QRG Capital Management Inc. now owns 14,425 shares of the company’s stock valued at $2,142,000 after purchasing an additional 9,076 shares during the period. Institutional investors own 95.46% of the company’s stock.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 218 shares of the business’s 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 sale, the director now 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 SEC, which can be accessed through the SEC website. In related news, Director Michael Sheresky sold 218 shares of the company’s stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $167.12, for a total value of $36,432.16. Following 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 SEC, which is available through this hyperlink. Also, Director Jon J. Moses sold 2,500 shares of the business’s stock in a transaction dated 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 approximately $3,324,626.25. The disclosure for this sale can be found here. 1.37% of the stock is currently owned by insiders.

Take-Two Interactive Software Stock Up 0.3 %

Shares of TTWO stock traded up $0.44 during trading hours on Friday, reaching $150.75. 1,358,940 shares of the company’s stock were exchanged, compared to its average volume of 1,649,677. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.54. The company has a market cap of $25.83 billion, a price-to-earnings ratio of -6.86, a P/E/G ratio of 4.89 and a beta of 0.84. Take-Two Interactive Software, Inc. has a fifty-two week low of $130.34 and a fifty-two week high of $171.59. The stock’s 50 day moving average is $155.62 and its 200-day moving average is $153.08.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Thursday, May 16th. The company reported ($17.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($17.09). The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.31 billion. Take-Two Interactive Software had a negative net margin of 69.99% and a positive return on equity of 2.19%. The company’s quarterly revenue was down 3.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.47 earnings per share. Analysts predict that Take-Two Interactive Software, Inc. will post 0.96 earnings per share for the current fiscal year.

Analyst Ratings Changes

TTWO has been the topic of several recent analyst reports. Morgan Stanley raised their price target on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Tuesday. Wedbush reaffirmed an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software in a research report on Friday, May 17th. Stifel Nicolaus reiterated a “buy” rating and issued a $175.00 price target on shares of Take-Two Interactive Software in a report on Monday, April 1st. HSBC downgraded Take-Two Interactive Software from a “buy” rating to a “hold” rating and set a $154.00 price objective on the stock. in a report on Friday, May 17th. Finally, Robert W. Baird lowered their target price on Take-Two Interactive Software from $173.00 to $172.00 and set an “outperform” rating for the company in a report on Monday, May 20th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nineteen have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $178.96.

Take-Two Interactive Software 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.