Blue Grotto Capital LLC Has $25.25 Million Holdings in Take-Two Interactive Software, Inc. $TTWO

Blue Grotto Capital LLC lifted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 103,977 shares of the company’s stock after acquiring an additional 2,078 shares during the period. Take-Two Interactive Software makes up 3.0% of Blue Grotto Capital LLC’s portfolio, making the stock its 14th largest holding. Blue Grotto Capital LLC owned approximately 0.06% of Take-Two Interactive Software worth $25,251,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of TTWO. ORG Partners LLC grew its position in Take-Two Interactive Software by 115.7% in the 2nd quarter. ORG Partners LLC now owns 110 shares of the company’s stock worth $26,000 after purchasing an additional 59 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Take-Two Interactive Software by 101.9% in the second quarter. Blue Trust Inc. now owns 105 shares of the company’s stock valued at $26,000 after buying an additional 53 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new stake in Take-Two Interactive Software during the second quarter worth about $27,000. 1 North Wealth Services LLC bought a new position in Take-Two Interactive Software during the first quarter valued at about $29,000. Finally, Game Plan Financial Advisors LLC bought a new position in Take-Two Interactive Software during the first quarter valued at about $31,000. Institutional investors own 95.46% of the company’s stock.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Ellen F. Siminoff sold 414 shares of the firm’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $235.95, for a total value of $97,683.30. Following the completion of the sale, the director directly owned 2,716 shares in the company, valued at approximately $640,840.20. This trade represents a 13.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Michael Sheresky sold 182 shares of Take-Two Interactive Software stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $235.11, for a total value of $42,790.02. Following the completion of the transaction, the director directly owned 65,781 shares of the company’s stock, valued at $15,465,770.91. This represents a 0.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 1,421 shares of company stock valued at $349,042. Corporate insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO opened at $241.47 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.73. The firm has a market cap of $44.62 billion, a PE ratio of -10.69, a price-to-earnings-growth ratio of 3.87 and a beta of 0.96. Take-Two Interactive Software, Inc. has a 12 month low of $177.35 and a 12 month high of $264.79. The company’s 50-day moving average price is $248.62 and its two-hundred day moving average price is $240.90.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data on Thursday, November 6th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.13. Take-Two Interactive Software had a negative net margin of 64.26% and a positive return on equity of 12.49%. The company had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same quarter last year, the business posted ($2.08) earnings per share. The company’s revenue was up 33.3% on a year-over-year basis. On average, equities analysts anticipate that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. DA Davidson raised their price objective on Take-Two Interactive Software from $270.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. Zacks Research lowered Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 28th. Cowen reiterated a “buy” rating on shares of Take-Two Interactive Software in a research note on Tuesday, November 25th. Arete Research raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 price target on the stock in a report on Monday, December 1st. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Take-Two Interactive Software in a report on Wednesday, October 8th. Twenty investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $266.33.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.