Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Allworth Financial LP

Allworth Financial LP decreased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 24.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 423 shares of the company’s stock after selling 139 shares during the quarter. Allworth Financial LP’s holdings in Take-Two Interactive Software were worth $68,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Fulton Bank N.A. raised its stake in Take-Two Interactive Software by 21.5% in the 4th quarter. Fulton Bank N.A. now owns 2,276 shares of the company’s stock valued at $366,000 after purchasing an additional 402 shares during the last quarter. Legacy Trust raised its stake in Take-Two Interactive Software by 5.5% in the 4th quarter. Legacy Trust now owns 19,921 shares of the company’s stock valued at $3,206,000 after purchasing an additional 1,035 shares during the last quarter. Moody Lynn & Lieberson LLC raised its stake in Take-Two Interactive Software by 2.7% in the 4th quarter. Moody Lynn & Lieberson LLC now owns 3,492 shares of the company’s stock valued at $562,000 after purchasing an additional 91 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of Take-Two Interactive Software by 14,929.1% during the 4th quarter. International Assets Investment Management LLC now owns 45,388 shares of the company’s stock valued at $7,305,000 after acquiring an additional 45,086 shares during the last quarter. Finally, Private Trust Co. NA increased its stake in shares of Take-Two Interactive Software by 27.3% during the 4th quarter. Private Trust Co. NA now owns 457 shares of the company’s stock valued at $74,000 after acquiring an additional 98 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Down 2.7 %

NASDAQ TTWO opened at $147.27 on Friday. The stock has a market cap of $25.12 billion, a PE ratio of -17.16, a P/E/G ratio of 1.29 and a beta of 0.74. Take-Two Interactive Software, Inc. has a fifty-two week low of $119.57 and a fifty-two week high of $171.59. The business has a 50 day moving average price of $150.77 and a two-hundred day moving average price of $152.04. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.32.

Take-Two Interactive Software (NASDAQ:TTWO) last released its earnings results on Thursday, February 8th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.02). The business had revenue of $1.34 billion for the quarter, compared to analysts’ expectations 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%. As a group, sell-side analysts predict that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. BMO Capital Markets assumed coverage on shares of Take-Two Interactive Software in a research note on Tuesday, January 9th. They set an “outperform” rating and a $200.00 price objective for the company. Stifel Nicolaus reaffirmed a “buy” rating and set a $175.00 price objective on shares of Take-Two Interactive Software in a research note on Monday, April 1st. Benchmark upped their price objective on shares of Take-Two Interactive Software from $164.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, January 22nd. Moffett Nathanson downgraded shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $169.00 to $167.00 in a research note on Monday, February 5th. Finally, Wells Fargo & Company upped their price objective 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. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have given a buy rating to the company. According to data from MarketBeat, Take-Two Interactive Software has an average rating of “Moderate Buy” and a consensus price target of $176.39.

Insider Activity

In other news, Director Michael Sheresky sold 260 shares of the stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 63,645 shares in the company, valued at approximately $9,910,799.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.37% of the company’s stock.

About Take-Two Interactive Software

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.