Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Oder Investment Management LLC

Oder Investment Management LLC lessened its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,797 shares of the company’s stock after selling 78 shares during the period. Oder Investment Management LLC’s holdings in Take-Two Interactive Software were worth $450,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. CVA Family Office LLC acquired a new stake in Take-Two Interactive Software in the 4th quarter valued at approximately $25,000. MCF Advisors LLC grew its stake in shares of Take-Two Interactive Software by 1,677.8% in the fourth quarter. MCF Advisors LLC now owns 160 shares of the company’s stock worth $26,000 after acquiring an additional 151 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new position in shares of Take-Two Interactive Software in the fourth quarter worth $26,000. Cary Street Partners Investment Advisory LLC grew its stake in shares of Take-Two Interactive Software by 110.7% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 177 shares of the company’s stock worth $25,000 after acquiring an additional 93 shares in the last quarter. Finally, NBC Securities Inc. acquired a new position in shares of Take-Two Interactive Software in the third quarter worth $27,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ:TTWO traded up $0.61 on Wednesday, reaching $143.42. The company’s stock had a trading volume of 263,588 shares, compared to its average volume of 1,627,462. The stock’s 50-day moving average is $146.96 and its two-hundred day moving average is $152.27. 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 current ratio of 0.82 and a quick ratio of 0.82. The stock has a market capitalization of $24.47 billion, a P/E ratio of -16.63, a PEG ratio of 1.20 and a beta of 0.74.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Thursday, February 8th. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). Take-Two Interactive Software had a negative net margin of 26.90% and a positive return on equity of 3.03%. The business had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.34 billion. As a group, sell-side analysts forecast that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current year.

Insider Transactions at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 260 shares of the business’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $155.72, for a total transaction of $40,487.20. Following the transaction, the director now directly owns 63,645 shares in the company, valued at $9,910,799.40. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of the company’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the transaction, the president now directly owns 87,286 shares in the company, valued at $12,965,462.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Michael Sheresky sold 260 shares of the company’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $155.72, for a total transaction of $40,487.20. Following the transaction, the director now owns 63,645 shares in the company, valued at $9,910,799.40. The disclosure for this sale can be found here. Company insiders own 1.37% of the company’s stock.

Analyst Ratings Changes

TTWO has been the subject of several research reports. The Goldman Sachs Group boosted their price target on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, January 19th. Moffett Nathanson downgraded shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $169.00 to $167.00 in a research note on Monday, February 5th. Citigroup raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $170.00 to $200.00 in a research report on Monday, April 8th. JPMorgan Chase & Co. decreased their price objective on shares of Take-Two Interactive Software from $188.00 to $180.00 and set an “overweight” rating for the company in a research report on Friday, February 9th. Finally, BMO Capital Markets initiated coverage on shares of Take-Two Interactive Software in a research report on Tuesday, January 9th. They set an “outperform” rating and a $200.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $177.61.

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.