Capital International Ltd. CA Acquires 3,892 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Capital International Ltd. CA grew its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 27.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,146 shares of the company’s stock after purchasing an additional 3,892 shares during the period. Capital International Ltd. CA’s holdings in Take-Two Interactive Software were worth $2,694,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of TTWO. Kentucky Retirement Systems Insurance Trust Fund grew its holdings in Take-Two Interactive Software by 1.2% during the 4th quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 5,635 shares of the company’s stock valued at $907,000 after buying an additional 68 shares in the last quarter. Tectonic Advisors LLC increased its holdings in Take-Two Interactive Software by 4.2% during the 4th quarter. Tectonic Advisors LLC now owns 1,712 shares of the company’s stock worth $276,000 after acquiring an additional 69 shares during the period. Drive Wealth Management LLC lifted its stake in Take-Two Interactive Software by 4.5% in the 4th quarter. Drive Wealth Management LLC now owns 1,606 shares of the company’s stock worth $258,000 after purchasing an additional 69 shares in the last quarter. Lincoln National Corp boosted its holdings in Take-Two Interactive Software by 1.6% in the 4th quarter. Lincoln National Corp now owns 5,215 shares of the company’s stock valued at $839,000 after purchasing an additional 81 shares during the period. Finally, Parkside Financial Bank & Trust boosted its holdings in Take-Two Interactive Software by 34.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 340 shares of the company’s stock valued at $55,000 after purchasing an additional 88 shares during the period. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Michael Sheresky sold 218 shares of Take-Two Interactive Software stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $167.12, for a total value of $36,432.16. Following the sale, 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 accessible through this hyperlink. In other Take-Two Interactive Software news, Director Michael Sheresky sold 218 shares of the company’s stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $167.12, for a total value of $36,432.16. Following the completion of the transaction, 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 can be accessed through the SEC website. Also, Director Jon J. Moses sold 2,500 shares of Take-Two Interactive Software stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $151.25, for a total transaction of $378,125.00. Following the sale, the director now directly owns 21,981 shares in the company, valued at approximately $3,324,626.25. The disclosure for this sale can be found here. Insiders own 1.37% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. JPMorgan Chase & Co. increased their price objective on Take-Two Interactive Software from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, June 6th. Oppenheimer reiterated an “outperform” rating and set a $185.00 price target on shares of Take-Two Interactive Software in a research report on Tuesday, April 23rd. Stifel Nicolaus restated a “buy” rating and issued a $175.00 price objective on shares of Take-Two Interactive Software in a research report on Monday, April 1st. Jefferies Financial Group lifted their target price on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, July 11th. Finally, Morgan Stanley increased their price target on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have given a buy rating to the stock. According to data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and an average target price of $178.96.

Take-Two Interactive Software Trading Up 0.3 %

Shares of Take-Two Interactive Software stock traded up $0.44 on Friday, hitting $150.75. The stock had a trading volume of 1,358,940 shares, compared to its average volume of 1,649,677. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a one year low of $130.34 and a one year high of $171.59. The stock’s 50-day simple moving average is $155.62 and its two-hundred day simple moving average is $153.08. The stock has a market cap of $25.83 billion, a price-to-earnings ratio of -6.86, a PEG ratio of 4.89 and a beta of 0.84.

Take-Two Interactive Software (NASDAQ:TTWO) last released 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 firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations 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%. Take-Two Interactive Software’s revenue was down 3.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.47 EPS. As a group, sell-side analysts predict that Take-Two Interactive Software, Inc. will post 0.96 EPS for the current year.

Take-Two Interactive Software Company 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.