International Assets Investment Management LLC Buys 45,086 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

International Assets Investment Management LLC lifted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 14,929.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 45,388 shares of the company’s stock after acquiring an additional 45,086 shares during the quarter. International Assets Investment Management LLC’s holdings in Take-Two Interactive Software were worth $7,305,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Tectonic Advisors LLC grew its position in shares of Take-Two Interactive Software by 4.2% during the 4th quarter. Tectonic Advisors LLC now owns 1,712 shares of the company’s stock worth $276,000 after buying an additional 69 shares during the period. Drive Wealth Management LLC lifted its stake in shares of Take-Two Interactive Software by 4.5% in the 4th quarter. Drive Wealth Management LLC now owns 1,606 shares of the company’s stock valued at $258,000 after purchasing an additional 69 shares during the period. Belpointe Asset Management LLC boosted its position in shares of Take-Two Interactive Software by 3.7% in the 3rd quarter. Belpointe Asset Management LLC now owns 1,986 shares of the company’s stock worth $279,000 after purchasing an additional 70 shares during the last quarter. Massmutual Trust Co. FSB ADV increased its holdings in Take-Two Interactive Software by 14.8% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 543 shares of the company’s stock valued at $87,000 after purchasing an additional 70 shares during the last quarter. Finally, Moody Lynn & Lieberson LLC lifted its stake in Take-Two Interactive Software by 2.7% in the fourth quarter. Moody Lynn & Lieberson LLC now owns 3,492 shares of the company’s stock valued at $562,000 after buying an additional 91 shares during the period. 95.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently commented on TTWO shares. Jefferies Financial Group initiated coverage on Take-Two Interactive Software in a research note on Monday, April 1st. They issued a “buy” rating and a $195.00 price target for the company. JPMorgan Chase & Co. reduced 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 report on Friday, February 9th. Citigroup upgraded shares of 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. Oppenheimer reiterated an “outperform” rating and set a $185.00 target price on shares of Take-Two Interactive Software in a report on Tuesday, April 23rd. Finally, Roth Mkm boosted their target price on 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. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have issued a buy rating to the stock. According to data from MarketBeat.com, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average target price of $177.61.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $148.34 on Tuesday. Take-Two Interactive Software, Inc. has a 12 month low of $121.72 and a 12 month high of $171.59. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $25.31 billion, a price-to-earnings ratio of -17.29, a PEG ratio of 1.21 and a beta of 0.75. The stock’s 50 day moving average is $146.50 and its 200-day moving average is $152.28.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly 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). Take-Two Interactive Software had a negative net margin of 26.90% and a positive return on equity of 3.03%. The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.34 billion. Equities research analysts expect that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current year.

Insider Transactions at Take-Two Interactive Software

In related news, President Karl Slatoff sold 90,851 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of $148.54, for a total value of $13,495,007.54. Following the completion of the sale, the president now directly owns 87,286 shares in the company, valued at $12,965,462.44. The sale was disclosed in a filing with the SEC, which is available at this link. In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of Take-Two Interactive Software stock in a transaction on Friday, April 12th. The stock was sold at an average price of $148.54, for a total value of $13,495,007.54. Following the completion of the transaction, the president now directly owns 87,286 shares of the company’s stock, valued at approximately $12,965,462.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael Sheresky sold 260 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $155.72, for a total value of $40,487.20. Following the sale, the director now directly owns 63,645 shares in the company, valued at $9,910,799.40. The disclosure for this sale can be found here. 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.