Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Oak Thistle LLC

Oak Thistle LLC lessened its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) by 21.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,819 shares of the company’s stock after selling 1,042 shares during the period. Oak Thistle LLC’s holdings in Take-Two Interactive Software were worth $615,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in TTWO. Capital World Investors acquired a new position in Take-Two Interactive Software in the 1st quarter valued at about $513,164,000. Norges Bank acquired a new position in Take-Two Interactive Software during the 4th quarter worth approximately $205,528,000. Schonfeld Strategic Advisors LLC increased its position in Take-Two Interactive Software by 461.4% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 974,880 shares of the company’s stock worth $101,514,000 after purchasing an additional 801,214 shares during the period. State Street Corp increased its position in Take-Two Interactive Software by 7.3% during the 2nd quarter. State Street Corp now owns 7,531,633 shares of the company’s stock worth $1,108,274,000 after purchasing an additional 515,226 shares during the period. Finally, Nordea Investment Management AB increased its position in Take-Two Interactive Software by 130.8% during the 3rd quarter. Nordea Investment Management AB now owns 653,346 shares of the company’s stock worth $92,122,000 after purchasing an additional 370,229 shares during the period. Institutional investors and hedge funds 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 the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $155.72, for a total transaction of $40,487.20. Following the sale, the director now 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 through the SEC website. Insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Price Performance

TTWO stock opened at $151.73 on Thursday. Take-Two Interactive Software, Inc. has a 1 year low of $117.35 and a 1 year high of $171.59. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.82 and a current ratio of 0.82. The stock’s 50 day moving average price is $152.95 and its 200 day moving average price is $151.46. The firm has a market cap of $25.88 billion, a P/E ratio of -17.68, a PEG ratio of 1.27 and a beta of 0.74.

Take-Two Interactive Software (NASDAQ:TTWOGet Free Report) last posted its earnings results on Thursday, February 8th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). Take-Two Interactive Software had a negative net margin of 26.90% and a positive return on equity of 3.03%. The company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.34 billion. On average, sell-side analysts expect that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Wells Fargo & Company boosted their target price on Take-Two Interactive Software from $170.00 to $193.00 and gave the stock an “overweight” rating in a research report on Thursday, February 1st. Bank of America cut Take-Two Interactive Software from a “buy” rating to a “neutral” rating and set a $170.00 target price on the stock. in a research report on Thursday, December 7th. BMO Capital Markets started coverage on Take-Two Interactive Software in a research report on Tuesday, January 9th. They set an “outperform” rating and a $200.00 target price on the stock. Wedbush reissued an “outperform” rating and set a $190.00 price target on shares of Take-Two Interactive Software in a research note on Friday, February 9th. Finally, The Goldman Sachs Group boosted their price target on Take-Two Interactive Software from $165.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, January 19th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seventeen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $172.91.

View Our Latest Report on Take-Two Interactive Software

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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