Thrivent Financial for Lutherans Boosts Position in Take-Two Interactive Software, Inc. $TTWO

Thrivent Financial for Lutherans boosted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 48.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,578 shares of the company’s stock after purchasing an additional 3,144 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Take-Two Interactive Software were worth $2,326,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. STF Management LP grew its position in shares of Take-Two Interactive Software by 1.8% in the 2nd quarter. STF Management LP now owns 2,616 shares of the company’s stock valued at $635,000 after buying an additional 46 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in Take-Two Interactive Software by 5.8% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 854 shares of the company’s stock valued at $207,000 after acquiring an additional 47 shares during the last quarter. SBI Securities Co. Ltd. boosted its stake in Take-Two Interactive Software by 2.9% in the second quarter. SBI Securities Co. Ltd. now owns 1,699 shares of the company’s stock valued at $413,000 after acquiring an additional 48 shares in the last quarter. Joel Isaacson & Co. LLC grew its holdings in shares of Take-Two Interactive Software by 3.1% during the second quarter. Joel Isaacson & Co. LLC now owns 1,631 shares of the company’s stock worth $396,000 after purchasing an additional 49 shares during the last quarter. Finally, NewSquare Capital LLC increased its position in shares of Take-Two Interactive Software by 55.3% during the second quarter. NewSquare Capital LLC now owns 146 shares of the company’s stock worth $35,000 after purchasing an additional 52 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $249.23 on Wednesday. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.15 and a quick ratio of 1.15. The stock has a fifty day moving average price of $247.07 and a 200 day moving average price of $241.94. Take-Two Interactive Software, Inc. has a 1-year low of $177.35 and a 1-year high of $264.79. The company has a market cap of $46.05 billion, a PE ratio of -11.03, a P/E/G ratio of 3.97 and a beta of 0.96.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Thursday, November 6th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.13. The company had revenue of $1.77 billion for the quarter, compared to analysts’ expectations 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%. Take-Two Interactive Software’s revenue was up 33.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($2.08) EPS. Sell-side analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 182 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $235.11, for a total value of $42,790.02. Following the completion of the sale, the director owned 65,781 shares of the company’s stock, valued at approximately $15,465,770.91. This trade represents a 0.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ellen F. Siminoff sold 414 shares of the firm’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $235.95, for a total transaction of $97,683.30. Following the completion of the sale, the director owned 2,716 shares of the company’s stock, valued at $640,840.20. This trade represents a 13.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,007 shares of company stock valued at $247,095 in the last quarter. 1.34% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Jefferies Financial Group upped their target price on Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Wells Fargo & Company increased their price objective 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. UBS Group lowered shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research report on Tuesday, November 25th. Wedbush lifted their target price on shares of Take-Two Interactive Software from $290.00 to $300.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Finally, B. Riley started coverage on shares of Take-Two Interactive Software in a research note on Wednesday, December 10th. They set a “buy” rating and a $300.00 price target for the company. Twenty research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $266.33.

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.