Troy Asset Management Ltd Has $15.74 Million Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Troy Asset Management Ltd raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 8.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 102,372 shares of the company’s stock after buying an additional 7,654 shares during the quarter. Troy Asset Management Ltd owned 0.06% of Take-Two Interactive Software worth $15,736,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of TTWO. Verdence Capital Advisors LLC raised its holdings in Take-Two Interactive Software by 37.1% in the third quarter. Verdence Capital Advisors LLC now owns 23,680 shares of the company’s stock worth $3,640,000 after purchasing an additional 6,411 shares during the period. Principal Financial Group Inc. increased its position in shares of Take-Two Interactive Software by 5.9% in the 3rd quarter. Principal Financial Group Inc. now owns 189,496 shares of the company’s stock valued at $29,127,000 after buying an additional 10,491 shares in the last quarter. Maia Wealth LLC lifted its holdings in Take-Two Interactive Software by 4.7% during the third quarter. Maia Wealth LLC now owns 3,474 shares of the company’s stock worth $560,000 after acquiring an additional 156 shares in the last quarter. Catalyst Capital Advisors LLC lifted its holdings in Take-Two Interactive Software by 69.3% during the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock worth $43,000 after acquiring an additional 115 shares in the last quarter. Finally, QRG Capital Management Inc. grew its stake in Take-Two Interactive Software by 6.0% in the third quarter. QRG Capital Management Inc. now owns 18,177 shares of the company’s stock valued at $2,794,000 after acquiring an additional 1,032 shares during the period. Institutional investors own 95.46% of the company’s stock.

Insiders Place Their Bets

In other news, Director Michael Sheresky sold 191 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $149.83, for a total value of $28,617.53. Following the transaction, the director now owns 64,378 shares of the company’s stock, valued at approximately $9,645,755.74. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.45% of the company’s stock.

Wall Street Analyst Weigh In

TTWO has been the topic of several recent analyst reports. The Goldman Sachs Group lifted their price objective on Take-Two Interactive Software from $186.00 to $205.00 and gave the company a “buy” rating in a report on Thursday. BMO Capital Markets upped their target price on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday. Redburn Atlantic initiated coverage on shares of Take-Two Interactive Software in a research note on Thursday, August 29th. They set a “buy” rating and a $194.00 price target for the company. Morgan Stanley increased their target price on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Roth Mkm lifted their price target on shares of Take-Two Interactive Software from $180.00 to $182.00 and gave the company a “buy” rating in a research note on Thursday. Two investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and a consensus price target of $188.05.

Take-Two Interactive Software Trading Down 0.7 %

Shares of Take-Two Interactive Software stock opened at $177.90 on Friday. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $180.53. The business has a fifty day simple moving average of $156.75 and a two-hundred day simple moving average of $153.79. The company has a quick ratio of 0.90, a current ratio of 0.85 and a debt-to-equity ratio of 0.53.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Thursday, August 8th. The company reported ($0.30) EPS for the quarter, topping the consensus estimate of ($0.39) by $0.09. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.24 billion. Take-Two Interactive Software had a negative net margin of 66.38% and a positive return on equity of 0.51%. On average, research analysts anticipate that Take-Two Interactive Software, Inc. will post 1.01 earnings per share for the current year.

About Take-Two Interactive Software

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.