Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Profit Investment Management LLC

Profit Investment Management LLC lessened its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 77.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,616 shares of the company’s stock after selling 8,930 shares during the period. Profit Investment Management LLC’s holdings in Take-Two Interactive Software were worth $402,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in TTWO. Moody National Bank Trust Division lifted its position in shares of Take-Two Interactive Software by 2.2% during the first quarter. Moody National Bank Trust Division now owns 4,172 shares of the company’s stock worth $620,000 after purchasing an additional 91 shares during the last quarter. Salomon & Ludwin LLC boosted its holdings in shares of Take-Two Interactive Software by 25.7% during the first quarter. Salomon & Ludwin LLC now owns 445 shares of the company’s stock worth $66,000 after purchasing an additional 91 shares during the period. Massmutual Trust Co. FSB ADV grew its stake in Take-Two Interactive Software by 15.3% in the second quarter. Massmutual Trust Co. FSB ADV now owns 685 shares of the company’s stock valued at $107,000 after purchasing an additional 91 shares in the last quarter. GAMMA Investing LLC lifted its stake in Take-Two Interactive Software by 5.7% in the third quarter. GAMMA Investing LLC now owns 1,709 shares of the company’s stock valued at $263,000 after acquiring an additional 92 shares during the last quarter. Finally, Banco Santander S.A. raised its holdings in Take-Two Interactive Software by 0.6% during the second quarter. Banco Santander S.A. now owns 15,773 shares of the company’s stock valued at $2,453,000 after buying an additional 97 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have issued reports on TTWO shares. Stifel Nicolaus raised their target price on Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a report on Thursday, September 5th. Bank of America reissued a “buy” rating and set a $185.00 target price on shares of Take-Two Interactive Software in a research report on Wednesday, August 21st. Redburn Atlantic started coverage on Take-Two Interactive Software in a report on Thursday, August 29th. They issued a “buy” rating and a $194.00 price target for the company. Benchmark upped their target price on Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, August 21st. Finally, Wedbush reissued an “outperform” rating and issued a $190.00 price target on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. One equities research analyst has rated the stock with a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Take-Two Interactive Software has an average rating of “Buy” and a consensus price target of $185.10.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 191 shares of Take-Two Interactive Software stock in a transaction on Monday, August 19th. The shares were sold at an average price of $149.83, for a total transaction of $28,617.53. Following the transaction, the director now directly owns 64,378 shares of the company’s stock, valued at $9,645,755.74. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Price Performance

NASDAQ TTWO traded up $2.05 during trading hours on Friday, hitting $155.54. The company’s stock had a trading volume of 201,381 shares, compared to its average volume of 1,617,628. The stock has a fifty day moving average of $152.10 and a 200 day moving average of $151.68. Take-Two Interactive Software, Inc. has a twelve month low of $130.34 and a twelve month high of $171.59. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.51.

Take-Two Interactive Software (NASDAQ:TTWO) last released its earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share for the quarter, beating the consensus estimate of ($0.39) by $0.09. The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.24 billion. Take-Two Interactive Software had a positive return on equity of 1.74% and a negative net margin of 70.33%. As a group, equities analysts predict that Take-Two Interactive Software, Inc. will post 1.06 earnings per share for the current fiscal year.

Take-Two Interactive Software Company 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.