Troy Asset Management Ltd Has $19.44 Million Stake in Take-Two Interactive Software, Inc. $TTWO

Troy Asset Management Ltd lowered its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 21.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,034 shares of the company’s stock after selling 21,887 shares during the period. Take-Two Interactive Software comprises 0.5% of Troy Asset Management Ltd’s portfolio, making the stock its 26th largest holding. Troy Asset Management Ltd’s holdings in Take-Two Interactive Software were worth $19,436,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. ORG Partners LLC boosted its position in shares of Take-Two Interactive Software by 115.7% during the 2nd quarter. ORG Partners LLC now owns 110 shares of the company’s stock valued at $26,000 after acquiring an additional 59 shares in the last quarter. Blue Trust Inc. boosted its holdings in Take-Two Interactive Software by 101.9% during the second quarter. Blue Trust Inc. now owns 105 shares of the company’s stock valued at $26,000 after purchasing an additional 53 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Take-Two Interactive Software in the 2nd quarter valued at approximately $27,000. 1 North Wealth Services LLC acquired a new stake in Take-Two Interactive Software in the 1st quarter valued at $29,000. Finally, Game Plan Financial Advisors LLC bought a new stake in Take-Two Interactive Software in the first quarter valued at $31,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Ellen F. Siminoff sold 414 shares of the company’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 transaction, the director directly owned 2,716 shares in the company, valued at approximately $640,840.20. This represents a 13.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Michael Sheresky sold 182 shares of the firm’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 completion of the transaction, the director directly owned 65,781 shares in the company, valued at $15,465,770.91. This trade represents a 0.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,007 shares of company stock worth $247,095 in the last ninety days. 1.34% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on TTWO shares. Wells Fargo & Company lifted 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. Weiss Ratings reissued a “sell (d)” rating on shares of Take-Two Interactive Software in a report on Wednesday, October 8th. Wall Street Zen cut shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research note on Sunday, November 2nd. Zacks Research lowered shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Friday, November 28th. Finally, Wedbush boosted their target price on Take-Two Interactive Software from $290.00 to $300.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Twenty equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $266.33.

Take-Two Interactive Software Trading Down 0.4%

Shares of NASDAQ TTWO opened at $241.47 on Monday. 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 50-day moving average of $248.62 and a two-hundred day moving average of $241.09. The company has a market cap of $44.62 billion, a PE ratio of -10.69, a P/E/G ratio of 3.86 and a beta of 0.96. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.73.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings results on Thursday, November 6th. The company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.13. Take-Two Interactive Software had a negative net margin of 64.26% and a positive return on equity of 12.49%. The business had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same quarter last year, the business posted ($2.08) earnings per share. Take-Two Interactive Software’s revenue for the quarter was up 33.3% compared to the same quarter last year. As a group, equities analysts expect that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

Take-Two Interactive Software Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.