Take-Two Interactive Software, Inc. $TTWO Shares Acquired by Czech National Bank

Czech National Bank increased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 6.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 44,040 shares of the company’s stock after acquiring an additional 2,628 shares during the period. Czech National Bank’s holdings in Take-Two Interactive Software were worth $11,378,000 as of its most recent SEC filing.

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

Take-Two Interactive Software Trading Up 0.3%

Take-Two Interactive Software stock opened at $247.40 on Friday. The stock has a market cap of $45.71 billion, a PE ratio of -10.95, a P/E/G ratio of 3.94 and a beta of 0.96. The stock has a 50-day moving average price of $247.41 and a 200 day moving average price of $241.53. Take-Two Interactive Software, Inc. has a 52 week low of $177.35 and a 52 week high of $264.79. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.73.

Take-Two Interactive Software (NASDAQ:TTWO) last released its earnings results on Thursday, November 6th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.13. The company had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.71 billion. Take-Two Interactive Software had a negative net margin of 64.26% and a positive return on equity of 12.49%. The firm’s quarterly revenue was up 33.3% on a year-over-year basis. During the same period in the prior year, the firm earned ($2.08) EPS. Equities research analysts predict that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on TTWO shares. Zacks Research cut Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Friday, November 28th. Wells Fargo & Company upped their target price on Take-Two Interactive Software from $270.00 to $277.00 and gave the company an “overweight” rating in a report on Tuesday, October 7th. Benchmark lifted their price target on Take-Two Interactive Software from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, October 16th. Arete Research upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 price objective on the stock in a research report on Monday, December 1st. Finally, Jefferies Financial Group raised their target price on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Twenty analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and an average price target of $266.33.

Insider Buying and Selling

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 transaction of $97,683.30. Following the sale, the director owned 2,716 shares in the company, valued at $640,840.20. This trade represents a 13.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Michael Sheresky sold 182 shares of Take-Two Interactive Software stock in a transaction on 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 sale, the director directly owned 65,781 shares of the company’s stock, valued at approximately $15,465,770.91. This represents a 0.28% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,007 shares of company stock worth $247,095. 1.34% of the stock is owned by company insiders.

About Take-Two Interactive Software

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.