Bleakley Financial Group LLC Has $1.08 Million Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Bleakley Financial Group LLC increased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 9.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,731 shares of the company’s stock after acquiring an additional 575 shares during the period. Bleakley Financial Group LLC’s holdings in Take-Two Interactive Software were worth $1,083,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cary Street Partners Investment Advisory LLC raised its holdings in shares of Take-Two Interactive Software by 110.7% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 177 shares of the company’s stock worth $25,000 after acquiring an additional 93 shares during the period. CVA Family Office LLC acquired a new stake in Take-Two Interactive Software in the 4th quarter valued at $25,000. NBC Securities Inc. acquired a new stake in Take-Two Interactive Software in the 3rd quarter valued at $27,000. Webster Bank N. A. acquired a new stake in Take-Two Interactive Software in the 3rd quarter valued at $28,000. Finally, BluePath Capital Management LLC acquired a new stake in Take-Two Interactive Software in the 3rd quarter valued at $30,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. lowered their price target on shares of Take-Two Interactive Software from $188.00 to $180.00 and set an “overweight” rating on the stock in a research note on Friday, February 9th. Wells Fargo & Company lifted their price target on shares of Take-Two Interactive Software from $170.00 to $193.00 and gave the company an “overweight” rating in a research note on Thursday, February 1st. Wedbush reiterated an “outperform” rating and issued a $190.00 price target on shares of Take-Two Interactive Software in a research note on Friday, February 9th. Roth Mkm lifted their price target on shares of Take-Two Interactive Software from $168.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, February 9th. Finally, BMO Capital Markets started 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 target on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating and eighteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and an average price target of $174.04.

Take-Two Interactive Software Trading Down 0.5 %

NASDAQ TTWO opened at $151.34 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.82 and a quick ratio of 0.82. Take-Two Interactive Software, Inc. has a 12-month low of $118.50 and a 12-month high of $171.59. The firm has a 50-day moving average price of $151.16 and a two-hundred day moving average price of $151.88.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data 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). The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.34 billion. Take-Two Interactive Software had a negative net margin of 26.90% and a positive return on equity of 3.03%. On average, equities analysts predict that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current year.

Insider Buying and Selling at Take-Two Interactive Software

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

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.