Public Employees Retirement Association of Colorado Has $27.52 Million Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Public Employees Retirement Association of Colorado cut its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 176,965 shares of the company’s stock after selling 1,548 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Take-Two Interactive Software were worth $27,516,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in TTWO. Pin Oak Investment Advisors Inc. grew its position in Take-Two Interactive Software by 485.7% in the fourth quarter. Pin Oak Investment Advisors Inc. now owns 164 shares of the company’s stock valued at $26,000 after purchasing an additional 136 shares in the last quarter. ORG Partners LLC lifted its stake in shares of Take-Two Interactive Software by 5,533.3% during the 1st quarter. ORG Partners LLC now owns 169 shares of the company’s stock worth $25,000 after buying an additional 166 shares during the last quarter. Crewe Advisors LLC lifted 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 buying an additional 143 shares during the last quarter. UMB Bank n.a. lifted 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 buying an additional 121 shares during the last quarter. Finally, HHM Wealth Advisors LLC acquired a new stake in shares of Take-Two Interactive Software during the 2nd quarter worth about $37,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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 sale, the director now directly owns 64,378 shares of the company’s stock, valued at approximately $9,645,755.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Trading Up 0.2 %

Shares of Take-Two Interactive Software stock opened at $153.66 on Friday. The firm has a market capitalization of $26.93 billion, a PE ratio of -6.99, a price-to-earnings-growth ratio of 4.43 and a beta of 0.86. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.51. The firm’s 50 day moving average is $151.90 and its 200 day moving average is $151.08. 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 announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $1.24 billion. Equities research analysts forecast that Take-Two Interactive Software, Inc. will post 1.06 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on TTWO. Hsbc Global Res upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 12th. Stifel Nicolaus lifted their price objective on shares of 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. Bank of America reiterated a “buy” rating and issued a $185.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Wedbush reiterated an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Finally, Morgan Stanley lifted their price objective on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 23rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $183.55.

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.