River Global Investors LLP raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 1.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,218 shares of the company’s stock after purchasing an additional 211 shares during the quarter. River Global Investors LLP’s holdings in Take-Two Interactive Software were worth $2,338,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Crewe Advisors LLC boosted its stake in shares of Take-Two Interactive Software by 297.9% during the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock worth $30,000 after acquiring an additional 143 shares in the last quarter. UMB Bank n.a. boosted its stake in shares of Take-Two Interactive Software by 155.1% during the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company’s stock worth $31,000 after acquiring an additional 121 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of Take-Two Interactive Software by 410.6% during the 2nd quarter. Blue Trust Inc. now owns 240 shares of the company’s stock worth $36,000 after acquiring an additional 193 shares in the last quarter. HHM Wealth Advisors LLC bought a new stake in shares of Take-Two Interactive Software during the 2nd quarter worth about $37,000. Finally, BOKF NA boosted its stake in shares of Take-Two Interactive Software by 466.7% during the 1st quarter. BOKF NA now owns 272 shares of the company’s stock worth $41,000 after acquiring an additional 224 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on TTWO. Stifel Nicolaus upped their price target on Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a “buy” rating in a research note on Thursday, September 5th. Wedbush reissued an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a research report on Thursday. TD Cowen boosted their price objective on Take-Two Interactive Software from $173.00 to $176.00 and gave the stock a “buy” rating in a research report on Thursday. Hsbc Global Res raised Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 12th. Finally, UBS Group boosted their price objective on Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a research report on Thursday. Two research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $188.05.
Insider Transactions at Take-Two Interactive Software
In other news, Director Michael Sheresky sold 191 shares of the stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $149.83, for a total value of $28,617.53. Following the completion of the transaction, the director now directly owns 64,378 shares of the company’s stock, valued at approximately $9,645,755.74. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.45% of the stock is currently owned by insiders.
Take-Two Interactive Software Price Performance
Shares of TTWO traded down $1.27 during mid-day trading on Friday, reaching $177.90. The company had a trading volume of 2,225,695 shares, compared to its average volume of 1,510,917. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $180.53. The company has a current ratio of 0.85, a quick ratio of 0.90 and a debt-to-equity ratio of 0.53. The company’s 50-day moving average is $156.75 and its 200-day moving average is $153.79.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last issued its earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.09. Take-Two Interactive Software had a positive return on equity of 0.51% and a negative net margin of 66.38%. The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.24 billion. On average, research analysts anticipate that Take-Two Interactive Software, Inc. will post 1.01 EPS for the current fiscal year.
About Take-Two Interactive Software
Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.
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