Canada Post Corp Registered Pension Plan Has $858,000 Holdings in Take-Two Interactive Software, Inc. $TTWO

Canada Post Corp Registered Pension Plan trimmed its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 68.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,300 shares of the company’s stock after selling 7,124 shares during the period. Canada Post Corp Registered Pension Plan’s holdings in Take-Two Interactive Software were worth $858,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Take-Two Interactive Software during the third quarter worth about $26,000. Blue Trust Inc. increased its position in Take-Two Interactive Software by 101.9% during the 2nd quarter. Blue Trust Inc. now owns 105 shares of the company’s stock valued at $26,000 after purchasing an additional 53 shares during the period. Pinnacle Bancorp Inc. acquired a new stake in Take-Two Interactive Software during the 3rd quarter valued at approximately $29,000. Twin Peaks Wealth Advisors LLC bought a new position in Take-Two Interactive Software during the 2nd quarter worth approximately $27,000. Finally, Meeder Asset Management Inc. lifted its position in shares of Take-Two Interactive Software by 216.3% in the 3rd quarter. Meeder Asset Management Inc. now owns 136 shares of the company’s stock worth $35,000 after purchasing an additional 93 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TTWO has been the subject of several recent analyst reports. Zacks Research upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 14th. Wells Fargo & Company increased their price target on Take-Two Interactive Software from $288.00 to $301.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Wall Street Zen lowered Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research report on Sunday, November 2nd. Wedbush restated an “outperform” rating and set a $300.00 target price on shares of Take-Two Interactive Software in a research report on Thursday, January 29th. Finally, Arete Research upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 target price for the company in a report on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $282.47.

Insiders Place Their Bets

In related news, Director Ellen F. Siminoff sold 414 shares of the stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $245.48, for a total value of $101,628.72. Following the transaction, the director directly owned 2,429 shares in the company, valued at $596,270.92. This trade represents a 14.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 transaction 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. The trade was a 0.28% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,010 shares of company stock worth $242,102. 1.34% of the stock is owned by company insiders.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $195.59 on Monday. Take-Two Interactive Software, Inc. has a one year low of $188.56 and a one year high of $264.79. The company has a market cap of $36.22 billion, a PE ratio of -8.74, a P/E/G ratio of 10.79 and a beta of 0.92. The stock has a 50-day moving average of $242.83 and a 200-day moving average of $242.79. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.14 and a quick ratio of 1.14.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings results on Thursday, November 6th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.13. Take-Two Interactive Software had a positive return on equity of 17.73% and a negative net margin of 60.45%.The business had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same quarter in the prior year, the company earned ($2.08) earnings per share. The company’s quarterly revenue was up 33.3% on a year-over-year basis. On average, equities research analysts predict that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

Take-Two Interactive Software Company Profile

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.