Everpar Advisors LLC Invests $213,000 in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Everpar Advisors LLC bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,369 shares of the company’s stock, valued at approximately $213,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Take-Two Interactive Software during the 4th quarter worth approximately $350,811,000. 1832 Asset Management L.P. grew its holdings in shares of Take-Two Interactive Software by 2,224.9% in the first quarter. 1832 Asset Management L.P. now owns 1,080,474 shares of the company’s stock valued at $160,440,000 after purchasing an additional 1,034,000 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in Take-Two Interactive Software by 12.5% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,691,926 shares of the company’s stock worth $755,165,000 after purchasing an additional 521,456 shares during the last quarter. TD Asset Management Inc raised its stake in Take-Two Interactive Software by 269.8% during the fourth quarter. TD Asset Management Inc now owns 495,177 shares of the company’s stock valued at $79,699,000 after purchasing an additional 361,273 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in Take-Two Interactive Software by 421.0% during the fourth quarter. Wellington Management Group LLP now owns 327,006 shares of the company’s stock valued at $52,632,000 after purchasing an additional 264,244 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock opened at $149.94 on Monday. The company has a current ratio of 0.90, a quick ratio of 0.94 and a debt-to-equity ratio of 0.51. The stock’s fifty day moving average price is $151.51 and its 200-day moving average price is $150.96. The firm has a market cap of $25.70 billion, a P/E ratio of -6.82, a P/E/G ratio of 4.19 and a beta of 0.84. Take-Two Interactive Software, Inc. has a 12 month low of $130.34 and a 12 month high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Thursday, May 16th. The company reported ($17.02) EPS for the quarter, missing the consensus estimate of $0.07 by ($17.09). Take-Two Interactive Software had a negative net margin of 70.33% and a positive return on equity of 1.74%. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the prior year, the firm posted $0.47 EPS. The company’s revenue for the quarter was down 3.2% compared to the same quarter last year. On average, equities research analysts expect that Take-Two Interactive Software, Inc. will post 1.07 earnings per share for the current fiscal year.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 218 shares of the stock in a transaction 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 sale, the director now owns 64,173 shares of the company’s stock, valued at approximately $10,724,591.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Take-Two Interactive Software news, Director Michael Sheresky sold 218 shares of the business’s 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 directly owns 64,173 shares in the company, valued at $10,724,591.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction of $378,125.00. Following the completion of 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. 1.37% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on TTWO shares. Robert W. Baird reduced their target price 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. Bank of America raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $160.00 to $185.00 in a research note on Thursday, May 23rd. Wedbush reaffirmed an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Monday, August 5th. BMO Capital Markets reiterated an “outperform” rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a report on Tuesday, July 30th. Finally, HSBC upgraded Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price target on the stock in a report on Monday, August 12th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average target price of $181.81.

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.