AlphaMark Advisors LLC Sells 355 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

AlphaMark Advisors LLC lessened its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.5% in the first quarter, HoldingsChannel.com reports. The firm owned 7,486 shares of the company’s stock after selling 355 shares during the quarter. AlphaMark Advisors LLC’s holdings in Take-Two Interactive Software were worth $1,112,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its stake in Take-Two Interactive Software by 21.3% during the third quarter. LPL Financial LLC now owns 102,477 shares of the company’s stock worth $14,387,000 after buying an additional 18,007 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its position in shares of Take-Two Interactive Software by 110.7% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 177 shares of the company’s stock worth $25,000 after acquiring an additional 93 shares in the last quarter. Profund Advisors LLC lifted its stake in shares of Take-Two Interactive Software by 13.2% in the 3rd quarter. Profund Advisors LLC now owns 3,018 shares of the company’s stock valued at $424,000 after purchasing an additional 352 shares during the period. O Shaughnessy Asset Management LLC bought a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at about $410,000. Finally, Tower Research Capital LLC TRC grew its stake in Take-Two Interactive Software by 196.6% during the third quarter. Tower Research Capital LLC TRC now owns 17,034 shares of the company’s stock worth $2,391,000 after purchasing an additional 11,291 shares during the period. Institutional investors own 95.46% of the company’s stock.

Analyst Upgrades and Downgrades

TTWO has been the topic of a number of research analyst reports. Stifel Nicolaus restated a “buy” rating and set a $175.00 price target on shares of Take-Two Interactive Software in a report on Monday, April 1st. Oppenheimer restated an “outperform” rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a report on Tuesday, April 23rd. JPMorgan Chase & Co. upped their price objective on shares of Take-Two Interactive Software from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, June 6th. Robert W. Baird reduced their target price on Take-Two Interactive Software from $173.00 to $172.00 and set an “outperform” rating for the company in a research note on Monday, May 20th. Finally, Bank of America raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their target price for the company from $160.00 to $185.00 in a research report on Thursday, May 23rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $178.09.

Insiders Place Their Bets

In related news, Director Michael Sheresky sold 218 shares of the company’s stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $167.12, for a total value of $36,432.16. Following the transaction, the director now owns 64,173 shares in the company, valued at $10,724,591.76. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, Director Michael Sheresky sold 218 shares of the business’s stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $167.12, for a total value of $36,432.16. Following the sale, the director now directly owns 64,173 shares in the company, valued at approximately $10,724,591.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Karl Slatoff sold 90,851 shares of the company’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 disclosure for this sale can be found here. Over the last 90 days, insiders have sold 93,569 shares of company stock valued at $13,909,565. Company insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO traded down $1.20 during midday trading on Monday, reaching $154.29. The company’s stock had a trading volume of 1,259,891 shares, compared to its average volume of 1,678,965. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market capitalization of $26.44 billion, a P/E ratio of -7.02, a PEG ratio of 5.03 and a beta of 0.84. The firm has a 50 day moving average price of $153.09 and a 200-day moving average price of $154.09. Take-Two Interactive Software, Inc. has a 12-month low of $130.34 and a 12-month high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Thursday, May 16th. The company reported ($17.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($17.09). The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.31 billion. Take-Two Interactive Software had a negative net margin of 69.99% and a positive return on equity of 2.19%. The firm’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.47 EPS. As a group, equities analysts predict that Take-Two Interactive Software, Inc. will post 0.95 earnings per share for the current year.

Take-Two Interactive Software Profile

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.