Benjamin F. Edwards & Company Inc. Purchases 634 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Benjamin F. Edwards & Company Inc. lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 56.8% in the 4th quarter, Holdings Channel reports. The fund owned 1,751 shares of the company’s stock after acquiring an additional 634 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Take-Two Interactive Software were worth $282,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cary Street Partners Investment Advisory LLC raised its stake 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 buying an additional 93 shares during the last quarter. CVA Family Office LLC bought a new position in shares of Take-Two Interactive Software during the fourth quarter valued at $25,000. MCF Advisors LLC lifted its stake in Take-Two Interactive Software by 1,677.8% during the 4th quarter. MCF Advisors LLC now owns 160 shares of the company’s stock valued at $26,000 after acquiring an additional 151 shares during the period. Wetzel Investment Advisors Inc. bought a new position in Take-Two Interactive Software during the fourth quarter valued at approximately $26,000. Finally, NBC Securities Inc. purchased a new stake in Take-Two Interactive Software in the third quarter worth approximately $27,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Insider Buying and Selling

In other news, President Karl Slatoff sold 90,851 shares of the firm’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 of the company’s stock, valued at approximately $12,965,462.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Michael Sheresky sold 260 shares of the company’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $155.72, for a total transaction of $40,487.20. Following the transaction, the director now directly owns 63,645 shares in the company, valued at approximately $9,910,799.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Karl Slatoff sold 90,851 shares of the firm’s stock in a transaction dated 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 sale, the president now directly owns 87,286 shares of the company’s stock, valued at approximately $12,965,462.44. The disclosure for this sale can be found here. 1.37% of the stock is currently owned by company insiders.

Take-Two Interactive Software Stock Down 0.2 %

NASDAQ TTWO opened at $145.68 on Friday. The stock has a 50 day moving average price of $146.43 and a 200-day moving average price of $152.30. Take-Two Interactive Software, Inc. has a one year low of $121.72 and a one year high of $171.59. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market capitalization of $24.85 billion, a P/E ratio of -16.98, a P/E/G ratio of 1.21 and a beta of 0.75.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its earnings results 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 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 positive return on equity of 3.03% and a negative net margin of 26.90%. As a group, equities 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 equities research analysts have weighed in on TTWO shares. Wedbush reiterated an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software in a research note on Thursday, May 2nd. Jefferies Financial Group began coverage on Take-Two Interactive Software in a research note on Monday, April 1st. They set a “buy” rating and a $195.00 price target for the company. Roth Mkm increased their price objective on shares of Take-Two Interactive Software from $168.00 to $185.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. The Goldman Sachs Group boosted their target price on shares of 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. Finally, Oppenheimer reissued an “outperform” rating and set a $185.00 price objective on shares of Take-Two Interactive Software in a research report on Tuesday, April 23rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eighteen have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $177.61.

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.