Czech National Bank increased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 0.3% in the 4th quarter, HoldingsChannel.com reported. The fund now owns 27,701 shares of the company’s stock after purchasing an additional 96 shares during the quarter. Czech National Bank’s holdings in Take-Two Interactive Software were valued at $4,458,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Fulton Bank NA raised his position in shares of Take-Two Interactive Software by 21.5% in the 4th quarter. Fulton Bank NA now owns 2,276 shares of the company’s stock valued at $366,000 after purchasing an additional 402 shares in the last quarter. Massmutual Trust Co. FSB ADV increased its position in shares of Take-Two Interactive Software by 14.8% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 543 shares of the company’s stock valued at $87,000 after purchasing an additional 70 shares in the last quarter. Park National Corp OH increased its position in shares of Take-Two Interactive Software by 19.3% in the 4th quarter. Park National Corp OH now owns 247,993 shares of the company’s stock valued at $39,914,000 after purchasing an additional 40,204 shares during the last quarter. Sunbelt Securities Inc. increased its position in shares of Take-Two Interactive Software by 197.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 696 shares of the company’s stock valued at $98,000 after purchasing an additional 462 shares during the last quarter. Finally, Hudson Bay Capital Management LP acquired a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at approximately $9,332,000. Institutional investors and hedge funds own 89.95% of the company’s stock.
Insider buying and selling at Take-Two Interactive Software
In other Take-Two Interactive Software news, Director Michael Sheresky sold 260 shares of the company’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $155.72, for a total transaction of $40,487.20. Following the transaction, the director now directly owns 63,645 shares of the company’s stock, valued at approximately $9,910,799.40. The transaction was disclosed in a legal filing with the Securities and Exchange Commission, which is available through this hyperlink. Insiders currently own 1.37% of the stock.
Take-Two Interactive Software Price Performance
TTWO opened at $143.91 on Friday. The company’s 50 day simple moving average is $156.39 and its 200 day simple moving average is $150.86. The company has a market capitalization of $24.55 billion, a price-to-earnings ratio of -16.77, a PEG ratio of 6.18, and a beta of 0.75. Take-Two Interactive Software, Inc. had a 12-month low of $112.43 and a 12-month high of $171.59. 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 – Get Free Report) last announced its quarterly earnings results on Thursday, February 8th. The company reported earnings of $0.30 per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). The company had revenue of $1.34 billion for the quarter, compared to analyst expectations of $1.34 billion. Take-Two Interactive Software had a negative net profit margin of 26.90% and a positive return on equity of 3.03%. Equity research analysts expect that Take-Two Interactive Software, Inc.’s EPS for the current fiscal year will be 0.87.
Analyst upgrades and downgrades
Many stock analysts have been paying close attention to the stock price lately. Roth Mkm increased their target price on shares of Take-Two Interactive Software from $168.00 to $185.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Wells Fargo & Company increased their target price on shares of Take-Two Interactive Software from $170.00 to $193.00 and gave the company an “overweight” rating in a research report on Thursday, February 1st. Bank of America downgraded shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and set a $170.00 price target for the company. In a report on Thursday, December 7th. BMO Capital Markets undertook coverage on shares of Take-Two Interactive Software in a report on Tuesday, January 9th. They gave the company an “outperform” rating and a $200.00 price target. Finally, Benchmark increased their target price on shares of Take-Two Interactive Software from $164.00 to $200.00 and gave the company a “buy” rating in a report on Monday, January 22nd. One analyst has rated the stock as a “sell,” five have rated it a “hold,” and 16 have rated it a “buy.” According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $172.50.
See our latest analysis for Take-Two Interactive Software
Take-Two Interactive Software Profile
(Free report)
Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers around the world. The company offers products under the names Rockstar Games, 2K, Private Division, and Zynga. The company develops and publishes action/adventure products under the names “Grand Theft Auto,” “Max Payne,” “Midnight Club,” “LA Noire,” and “Red Dead Redemption.”
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Curious if other hedge funds own TTWO? Visit HoldingsChannel.com to get the latest 13F filing and insider transactions for Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report).
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