Wallace Advisory Group LLC Sells 273 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Wallace Advisory Group LLC trimmed its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) by 7.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,390 shares of the company’s stock after selling 273 shares during the quarter. Wallace Advisory Group LLC’s holdings in Take-Two Interactive Software were worth $546,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of TTWO. Anderson Hoagland & Co. boosted its position in shares of Take-Two Interactive Software by 6.9% during the 1st quarter. Anderson Hoagland & Co. now owns 23,066 shares of the company’s stock worth $3,509,000 after purchasing an additional 1,492 shares in the last quarter. Czech National Bank grew its stake in Take-Two Interactive Software by 0.7% in the first quarter. Czech National Bank now owns 27,899 shares of the company’s stock valued at $4,143,000 after acquiring an additional 198 shares during the period. Fulton Bank N.A. increased its holdings in shares of Take-Two Interactive Software by 32.9% during the first quarter. Fulton Bank N.A. now owns 3,024 shares of the company’s stock valued at $449,000 after acquiring an additional 748 shares in the last quarter. Mather Group LLC. acquired a new position in shares of Take-Two Interactive Software during the first quarter worth approximately $173,000. Finally, Moody National Bank Trust Division lifted its holdings in shares of Take-Two Interactive Software by 2.2% in the 1st quarter. Moody National Bank Trust Division now owns 4,172 shares of the company’s stock worth $620,000 after purchasing an additional 91 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have weighed in on TTWO shares. Robert W. Baird lowered their price objective on shares of Take-Two Interactive Software from $173.00 to $172.00 and set an “outperform” rating on the stock in a report on Monday, May 20th. HSBC cut shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating and set a $154.00 price target on the stock. in a research report on Friday, May 17th. Oppenheimer reissued an “outperform” rating and set a $185.00 price objective on shares of Take-Two Interactive Software in a report on Tuesday, April 23rd. Benchmark reissued a “buy” rating and issued a $200.00 price objective on shares of Take-Two Interactive Software in a research note on Friday, May 17th. Finally, Citigroup raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their target price for the company from $170.00 to $200.00 in a research report on Monday, April 8th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nineteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $178.09.

Check Out Our Latest Stock Analysis on Take-Two Interactive Software

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Michael Sheresky sold 218 shares of the company’s stock in a transaction that occurred on Thursday, June 6th. The stock was 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 owns 64,173 shares of the company’s stock, valued at approximately $10,724,591.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Take-Two Interactive Software news, Director Jon J. Moses sold 2,500 shares of the firm’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 completion of the sale, the director now directly owns 21,981 shares in the company, valued at $3,324,626.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael Sheresky sold 218 shares of the stock in a transaction that occurred 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 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 disclosure for this sale can be found here. Insiders have sold 93,569 shares of company stock valued at $13,909,565 over the last ninety days. 1.37% of the stock is owned by insiders.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO traded down $0.35 during mid-day trading on Tuesday, hitting $159.36. 548,823 shares of the stock traded hands, compared to its average volume of 1,686,944. Take-Two Interactive Software, Inc. has a 12-month low of $130.34 and a 12-month 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 company has a market cap of $27.31 billion, a PE ratio of -7.27, a price-to-earnings-growth ratio of 5.12 and a beta of 0.84. The business’s 50-day moving average price is $151.62 and its 200 day moving average price is $154.15.

Take-Two Interactive Software (NASDAQ:TTWOGet Free Report) last issued its quarterly earnings data on Thursday, May 16th. The company reported ($17.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($17.09). The business had revenue of $1.35 billion during 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 company’s quarterly revenue was down 3.2% on a year-over-year basis. During the same quarter last year, the business posted $0.47 EPS. On average, analysts expect that Take-Two Interactive Software, Inc. will post 0.95 EPS for the current fiscal year.

Take-Two Interactive Software Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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