Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Blair William & Co. IL

Blair William & Co. IL reduced its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 35,019 shares of the company’s stock after selling 131 shares during the quarter. Blair William & Co. IL’s holdings in Take-Two Interactive Software were worth $5,445,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. ORG Partners LLC grew its position in Take-Two Interactive Software by 5,533.3% in the 1st quarter. ORG Partners LLC now owns 169 shares of the company’s stock valued at $25,000 after acquiring an additional 166 shares in the last quarter. Pin Oak Investment Advisors Inc. grew its holdings in shares of 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. Crewe Advisors LLC increased its stake in 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 period. Connectus Wealth LLC lifted its holdings in Take-Two Interactive Software by 903.8% during the 4th quarter. Connectus Wealth LLC now owns 192,484 shares of the company’s stock worth $31,000 after buying an additional 173,308 shares in the last quarter. Finally, UMB Bank n.a. boosted its position in Take-Two Interactive Software by 155.1% in the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company’s stock valued at $31,000 after buying an additional 121 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of Take-Two Interactive Software 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 transaction, the director now directly owns 64,378 shares in the company, valued at approximately $9,645,755.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.37% of the stock is owned by company insiders.

Take-Two Interactive Software Trading Down 3.2 %

NASDAQ:TTWO opened at $148.78 on Friday. The company has a market capitalization of $25.50 billion, a PE ratio of -6.77, a P/E/G ratio of 4.43 and a beta of 0.86. Take-Two Interactive Software, Inc. has a 52-week low of $130.34 and a 52-week high of $171.59. The stock’s 50 day moving average price is $151.85 and its 200 day moving average price is $151.17. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.51.

Take-Two Interactive Software (NASDAQ:TTWO) last announced 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 negative net margin of 70.33% and a positive return on equity of 1.74%. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.24 billion. On average, research analysts anticipate that Take-Two Interactive Software, Inc. will post 1.06 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently weighed in on TTWO shares. Benchmark upped their price objective on Take-Two Interactive Software from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, August 21st. BMO Capital Markets reaffirmed an “outperform” rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a research report on Tuesday, July 30th. JPMorgan Chase & Co. boosted their price objective on Take-Two Interactive Software from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, June 6th. Jefferies Financial Group raised their target price on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, July 11th. Finally, 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. One research 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. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $183.55.

Take-Two Interactive Software 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.