Bison Wealth LLC Grows Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Bison Wealth LLC grew its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 32.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,609 shares of the company’s stock after purchasing an additional 884 shares during the period. Bison Wealth LLC’s holdings in Take-Two Interactive Software were worth $581,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in TTWO. Tectonic Advisors LLC lifted its stake in Take-Two Interactive Software by 4.2% in the fourth quarter. Tectonic Advisors LLC now owns 1,712 shares of the company’s stock worth $276,000 after purchasing an additional 69 shares during the last quarter. Drive Wealth Management LLC lifted its stake in Take-Two Interactive Software by 4.5% in the fourth quarter. Drive Wealth Management LLC now owns 1,606 shares of the company’s stock worth $258,000 after purchasing an additional 69 shares during the last quarter. Belpointe Asset Management LLC lifted its stake in Take-Two Interactive Software by 3.7% in the third quarter. Belpointe Asset Management LLC now owns 1,986 shares of the company’s stock worth $279,000 after purchasing an additional 70 shares during the last quarter. Massmutual Trust Co. FSB ADV lifted its stake in Take-Two Interactive Software by 14.8% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 543 shares of the company’s stock worth $87,000 after purchasing an additional 70 shares during the last quarter. Finally, Parkside Financial Bank & Trust lifted its stake in Take-Two Interactive Software by 44.0% in the second quarter. Parkside Financial Bank & Trust now owns 278 shares of the company’s stock worth $41,000 after purchasing an additional 85 shares during the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on TTWO shares. Wedbush reaffirmed an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Friday, February 9th. Roth Mkm upped their price objective on shares of Take-Two Interactive Software from $168.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, February 9th. Jefferies Financial Group started coverage on shares of Take-Two Interactive Software in a research note on Monday, April 1st. They set a “buy” rating and a $195.00 price objective for the company. The Goldman Sachs Group upped their price objective on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, January 19th. Finally, Wells Fargo & Company upped their price objective on shares of Take-Two Interactive Software from $170.00 to $193.00 and gave the company an “overweight” rating in a research note on Thursday, February 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $176.39.

Insider Transactions at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 260 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $155.72, for a total value of $40,487.20. Following the transaction, the director now owns 63,645 shares in the company, valued at $9,910,799.40. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of TTWO opened at $145.45 on Wednesday. The stock has a market cap of $24.81 billion, a PE ratio of -16.95, a price-to-earnings-growth ratio of 1.24 and a beta of 0.74. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.82 and a current ratio of 0.82. Take-Two Interactive Software, Inc. has a fifty-two week low of $119.57 and a fifty-two week high of $171.59. The firm’s 50-day simple moving average is $149.97 and its two-hundred day simple moving average is $152.21.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its earnings results on Thursday, February 8th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.02). The firm had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.34 billion. Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. Analysts anticipate that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current fiscal year.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.