Victory Capital Management Inc. Buys 50,024 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Victory Capital Management Inc. grew its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 40.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 174,731 shares of the company’s stock after acquiring an additional 50,024 shares during the period. Victory Capital Management Inc.’s holdings in Take-Two Interactive Software were worth $28,123,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cary Street Partners Investment Advisory LLC grew its holdings in 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 valued at $25,000 after purchasing an additional 93 shares during the period. CVA Family Office LLC bought a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at $25,000. MCF Advisors LLC increased its position in shares of Take-Two Interactive Software by 1,677.8% in the 4th quarter. MCF Advisors LLC now owns 160 shares of the company’s stock valued at $26,000 after buying an additional 151 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new stake in Take-Two Interactive Software during the 4th quarter worth $26,000. Finally, NBC Securities Inc. bought a new position in Take-Two Interactive Software during the third quarter worth about $27,000. Institutional investors own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

TTWO has been the topic of a number of research analyst reports. Moffett Nathanson lowered Take-Two Interactive Software from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $169.00 to $167.00 in a research report on Monday, February 5th. Jefferies Financial Group initiated coverage on shares of Take-Two Interactive Software in a report on Monday, April 1st. They set a “buy” rating and a $195.00 target price on the stock. 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. Wells Fargo & Company increased their price objective on shares of 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. 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 issued a hold rating and eighteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $177.61.

Take-Two Interactive Software Price Performance

Shares of TTWO opened at $148.33 on Wednesday. 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’s fifty day simple moving average is $146.48 and its 200 day simple moving average is $152.39. Take-Two Interactive Software, Inc. has a 1-year low of $121.72 and a 1-year high of $171.59. The company has a market cap of $25.30 billion, a price-to-earnings ratio of -17.29, a PEG ratio of 1.21 and a beta of 0.75.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Thursday, February 8th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.02). The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates 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 forecast that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current fiscal year.

Insider Buying and Selling at Take-Two Interactive Software

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