Dorsey & Whitney Trust CO LLC Acquires New Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Dorsey & Whitney Trust CO LLC bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,452 shares of the company’s stock, valued at approximately $226,000.

Other large investors have also modified their holdings of the company. Norges Bank bought a new position in shares of Take-Two Interactive Software during the 4th quarter worth about $350,811,000. Ninety One UK Ltd raised its position in Take-Two Interactive Software by 473.2% in the second quarter. Ninety One UK Ltd now owns 1,269,428 shares of the company’s stock worth $197,383,000 after purchasing an additional 1,047,979 shares in the last quarter. 1832 Asset Management L.P. lifted its stake in Take-Two Interactive Software by 2,224.9% during the first quarter. 1832 Asset Management L.P. now owns 1,080,474 shares of the company’s stock worth $160,440,000 after purchasing an additional 1,034,000 shares during the period. TD Asset Management Inc boosted its holdings 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 grew its stake in shares of Take-Two Interactive Software by 421.0% in the 4th 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 period. 95.46% of the stock is owned by institutional investors.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $153.61 on Friday. The firm has a market cap of $26.33 billion, a P/E ratio of -6.99, a price-to-earnings-growth ratio of 4.52 and a beta of 0.86. The business’s 50 day moving average is $151.72 and its 200-day moving average is $150.95. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.51. Take-Two Interactive Software, Inc. has a 1-year low of $130.34 and a 1-year high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.09. Take-Two Interactive Software had a negative net margin of 70.33% and a positive return on equity of 1.74%. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.24 billion. Equities research analysts predict that Take-Two Interactive Software, Inc. will post 1.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on TTWO. Robert W. Baird decreased their price target on Take-Two Interactive Software from $173.00 to $172.00 and set an “outperform” rating on the stock in a research note on Monday, May 20th. Redburn Atlantic initiated coverage on shares of Take-Two Interactive Software in a report on Thursday, August 29th. They set a “buy” rating and a $194.00 price objective for the company. Jefferies Financial Group increased their price target on Take-Two Interactive Software from $175.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday, July 11th. Morgan Stanley lifted their price objective on Take-Two Interactive Software from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Tuesday, July 23rd. Finally, HSBC raised Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price objective on the stock in a research note on Monday, August 12th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $183.55.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $149.83, for a total transaction of $28,617.53. Following the completion of the transaction, the director now directly owns 64,378 shares in the company, valued at $9,645,755.74. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.37% of the stock is currently owned by insiders.

Take-Two Interactive Software Company 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.