Sequoia Financial Advisors LLC Purchases 1,462 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Sequoia Financial Advisors LLC increased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 86.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,162 shares of the company’s stock after purchasing an additional 1,462 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Take-Two Interactive Software were worth $509,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of TTWO. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Take-Two Interactive Software by 6.7% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,443 shares of the company’s stock valued at $2,374,000 after purchasing an additional 971 shares during the last quarter. Yousif Capital Management LLC increased its position in shares of Take-Two Interactive Software by 1.8% during the 1st quarter. Yousif Capital Management LLC now owns 16,817 shares of the company’s stock valued at $2,585,000 after purchasing an additional 300 shares during the last quarter. Raymond James Trust N.A. bought a new position in shares of Take-Two Interactive Software during the 1st quarter valued at approximately $206,000. Dimensional Fund Advisors LP increased its position in shares of Take-Two Interactive Software by 1.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 512,184 shares of the company’s stock valued at $78,757,000 after purchasing an additional 5,382 shares during the last quarter. Finally, Blair William & Co. IL increased its position in shares of Take-Two Interactive Software by 3.2% during the 1st quarter. Blair William & Co. IL now owns 41,602 shares of the company’s stock valued at $6,396,000 after purchasing an additional 1,289 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.

Insider Buying and Selling

In related news, Director Michael Sheresky sold 260 shares of the company’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 completion of the sale, the director now directly owns 63,645 shares in the company, valued at approximately $9,910,799.40. 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 currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. The Goldman Sachs Group boosted their target price on Take-Two Interactive Software from $165.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, January 19th. Wedbush reaffirmed an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a research report on Friday, February 9th. Jefferies Financial Group initiated coverage on Take-Two Interactive Software in a research report on Monday, April 1st. They issued a “buy” rating and a $195.00 price objective on the stock. Citigroup raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and upped their price objective for the company from $170.00 to $200.00 in a research report on Monday, April 8th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $175.00 price objective on shares of Take-Two Interactive Software in a research report on Monday, April 1st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $176.39.

Take-Two Interactive Software Stock Up 0.1 %

Shares of TTWO stock opened at $145.45 on Wednesday. Take-Two Interactive Software, Inc. has a twelve month low of $119.57 and a twelve month high of $171.59. The stock has a fifty day simple moving average of $149.97 and a two-hundred day simple moving average of $152.21. 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:TTWO) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). The company had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. On average, research analysts expect that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current year.

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.