CX Institutional Takes Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

CX Institutional acquired a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,113 shares of the company’s stock, valued at approximately $179,000.

A number of other institutional investors have also recently made changes to their positions in TTWO. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of Take-Two Interactive Software by 110.7% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 177 shares of the company’s stock valued at $25,000 after acquiring an additional 93 shares during the last quarter. NBC Securities Inc. bought a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at about $27,000. Webster Bank N. A. bought a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at about $28,000. BluePath Capital Management LLC bought a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at about $30,000. Finally, Whittier Trust Co. bought a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at about $30,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Insider Transactions at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 260 shares of Take-Two Interactive Software stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $155.72, for a total transaction of $40,487.20. Following the completion of the sale, the director now directly owns 63,645 shares in the company, valued at $9,910,799.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Stock Down 4.1 %

NASDAQ:TTWO opened at $146.14 on Tuesday. Take-Two Interactive Software, Inc. has a 12 month low of $114.84 and a 12 month high of $171.59. The firm has a fifty day simple moving average of $154.93 and a 200-day simple moving average of $151.26. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.32.

Take-Two Interactive Software (NASDAQ:TTWOGet Free Report) last posted its quarterly earnings data on Thursday, February 8th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.02). Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.34 billion. As a group, research analysts expect that Take-Two Interactive Software, Inc. will post 0.8 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. The Goldman Sachs Group increased their price target on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the company a “buy” rating in a report on Friday, January 19th. Moffett Nathanson downgraded shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $169.00 to $167.00 in a research note on Monday, February 5th. Benchmark raised their price objective on shares of Take-Two Interactive Software from $164.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, January 22nd. Wolfe Research began coverage on shares of Take-Two Interactive Software in a research note on Tuesday, December 12th. They issued an “outperform” rating and a $186.00 price objective for the company. Finally, BMO Capital Markets began coverage on shares of Take-Two Interactive Software in a research note on Tuesday, January 9th. They issued an “outperform” rating and a $200.00 price objective for the company. One analyst has rated the stock with a sell rating, five have assigned a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and a consensus price target of $172.50.

View Our Latest Report on TTWO

About Take-Two Interactive Software

(Free Report)

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.

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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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