2,500 Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Bought by Y.D. More Investments Ltd

Y.D. More Investments Ltd purchased a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,500 shares of the company’s stock, valued at approximately $402,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wellington Management Group LLP increased its holdings in Take-Two Interactive Software by 192.4% in the 3rd quarter. Wellington Management Group LLP now owns 62,762 shares of the company’s stock worth $8,811,000 after acquiring an additional 41,297 shares in the last quarter. Laurion Capital Management LP acquired a new stake in Take-Two Interactive Software during the 3rd quarter worth $17,169,000. United Asset Strategies Inc. acquired a new stake in Take-Two Interactive Software during the 4th quarter worth $1,527,000. Rheos Capital Works Inc. boosted its stake in Take-Two Interactive Software by 380.3% during the 4th quarter. Rheos Capital Works Inc. now owns 238,700 shares of the company’s stock worth $38,419,000 after purchasing an additional 189,000 shares during the last quarter. Finally, Illinois Municipal Retirement Fund boosted its stake in Take-Two Interactive Software by 101.5% during the 4th quarter. Illinois Municipal Retirement Fund now owns 46,513 shares of the company’s stock worth $7,486,000 after purchasing an additional 23,433 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Down 0.0 %

Shares of TTWO opened at $142.74 on Thursday. The firm has a market cap of $24.35 billion, a P/E ratio of -16.64, a price-to-earnings-growth ratio of 1.19 and a beta of 0.75. Take-Two Interactive Software, Inc. has a 12-month low of $119.57 and a 12-month high of $171.59. The company’s 50-day moving average price is $146.79 and its 200 day moving average price is $152.21. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.32.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings results on Thursday, February 8th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). The business had revenue of $1.34 billion for the quarter, compared to analysts’ expectations 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%. On average, sell-side analysts forecast that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current year.

Insiders Place Their Bets

In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of the business’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the sale, the president now directly owns 87,286 shares in the company, valued at $12,965,462.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of the business’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the sale, the president now directly owns 87,286 shares in the company, valued at $12,965,462.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael Sheresky sold 260 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $155.72, for a total transaction of $40,487.20. Following the sale, the director now owns 63,645 shares in the company, valued at $9,910,799.40. The disclosure for this sale can be found here. Insiders own 1.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on TTWO shares. Stifel Nicolaus reaffirmed a “buy” rating and set a $175.00 target price on shares of Take-Two Interactive Software in a research note on Monday, April 1st. BMO Capital Markets started coverage on shares of Take-Two Interactive Software in a research note on Tuesday, January 9th. They set an “outperform” rating and a $200.00 target price on the stock. Wedbush reaffirmed an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software in a research note on Wednesday, April 17th. JPMorgan Chase & Co. lowered their price target on shares of Take-Two Interactive Software from $188.00 to $180.00 and set an “overweight” rating on the stock in a research report on Friday, February 9th. Finally, Moffett Nathanson cut shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and lowered their price target for the company from $169.00 to $167.00 in a research report on Monday, February 5th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $177.61.

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.