Compass Wealth Management LLC Takes Position in Take-Two Interactive Software, Inc. $TTWO

Compass Wealth Management LLC bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 13,232 shares of the company’s stock, valued at approximately $3,419,000.

Other large investors have also added to or reduced their stakes in the company. Integrated Wealth Concepts LLC purchased a new position in shares of Take-Two Interactive Software in the 1st quarter worth $425,000. Empowered Funds LLC boosted its position in Take-Two Interactive Software by 13.2% in the first quarter. Empowered Funds LLC now owns 3,322 shares of the company’s stock worth $688,000 after purchasing an additional 388 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Take-Two Interactive Software by 118.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 304 shares of the company’s stock valued at $63,000 after purchasing an additional 165 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Take-Two Interactive Software by 21.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 663 shares of the company’s stock valued at $161,000 after purchasing an additional 117 shares during the period. Finally, Ballentine Partners LLC increased its position in shares of Take-Two Interactive Software by 7.5% during the 2nd quarter. Ballentine Partners LLC now owns 1,048 shares of the company’s stock valued at $255,000 after purchasing an additional 73 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Down 0.0%

Shares of Take-Two Interactive Software stock opened at $245.63 on Tuesday. Take-Two Interactive Software, Inc. has a fifty-two week low of $181.86 and a fifty-two week high of $264.79. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.15 and a current ratio of 1.15. The company has a market capitalization of $45.39 billion, a P/E ratio of -10.87, a P/E/G ratio of 3.92 and a beta of 0.92. The company has a fifty day moving average of $246.69 and a 200 day moving average of $243.73.

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 analysts’ consensus estimates of $0.91 by $0.13. The business had revenue of $1.77 billion during 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 company’s revenue was up 33.3% on a year-over-year basis. During the same period last year, the firm posted ($2.08) EPS. On average, sell-side analysts anticipate that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Michael Sheresky sold 182 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $235.11, for a total transaction of $42,790.02. Following the sale, the director directly owned 65,781 shares in the company, valued at approximately $15,465,770.91. This represents a 0.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ellen F. Siminoff sold 414 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $245.48, for a total value of $101,628.72. Following the sale, the director owned 2,429 shares in the company, valued at approximately $596,270.92. This trade represents a 14.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,010 shares of company stock worth $242,102. 1.34% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Morgan Stanley raised their price objective on shares of Take-Two Interactive Software from $275.00 to $280.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. DA Davidson boosted their price objective on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. Zacks Research upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 14th. Wells Fargo & Company upped their price target on Take-Two Interactive Software from $277.00 to $288.00 and gave the stock an “overweight” rating in a research report on Thursday, January 8th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Take-Two Interactive Software in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $272.68.

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.