Profit Investment Management LLC Has $402,000 Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Profit Investment Management LLC lowered its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 77.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,616 shares of the company's stock after selling 8,930 shares during the quarter. Profit Investment Management LLC's holdings in Take-Two Interactive Software were worth $402,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Moody National Bank Trust Division grew its position in shares of Take-Two Interactive Software by 2.2% during the 1st quarter. Moody National Bank Trust Division now owns 4,172 shares of the company's stock worth $620,000 after buying an additional 91 shares in the last quarter. Salomon & Ludwin LLC grew its position in shares of Take-Two Interactive Software by 25.7% during the 1st quarter. Salomon & Ludwin LLC now owns 445 shares of the company's stock worth $66,000 after buying an additional 91 shares in the last quarter. Massmutual Trust Co. FSB ADV grew its position in shares of Take-Two Interactive Software by 15.3% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 685 shares of the company's stock worth $107,000 after buying an additional 91 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Take-Two Interactive Software by 5.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,709 shares of the company's stock worth $263,000 after buying an additional 92 shares in the last quarter. Finally, Banco Santander S.A. grew its position in shares of Take-Two Interactive Software by 0.6% during the 2nd quarter. Banco Santander S.A. now owns 15,773 shares of the company's stock worth $2,453,000 after buying an additional 97 shares in the last quarter. Institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO traded up $1.59 during midday trading on Friday, hitting $155.09. 1,289,601 shares of the stock were exchanged, compared to its average volume of 1,623,264. Take-Two Interactive Software, Inc. has a one year low of $130.34 and a one year high of $171.59. The company has a market capitalization of $26.58 billion, a price-to-earnings ratio of -7.06, a P/E/G ratio of 4.47 and a beta of 0.86. The business has a 50-day moving average price of $152.33 and a two-hundred day moving average price of $151.74. 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 - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.30) earnings per share for the quarter, topping the consensus estimate of ($0.39) by $0.09. Take-Two Interactive Software had a negative net margin of 70.33% and a positive return on equity of 1.74%. The firm had revenue of $1.22 billion for the quarter, compared to analysts' expectations of $1.24 billion. Sell-side analysts predict that Take-Two Interactive Software, Inc. will post 1.06 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TTWO. Morgan Stanley increased their price target on Take-Two Interactive Software from $175.00 to $185.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 23rd. BMO Capital Markets reaffirmed an "outperform" rating and set a $185.00 target price on shares of Take-Two Interactive Software in a report on Tuesday, July 30th. Stifel Nicolaus raised their target price on Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a "buy" rating in a report on Thursday, September 5th. HSBC raised Take-Two Interactive Software from a "hold" rating to a "buy" rating and set a $179.00 price objective on the stock in a report on Monday, August 12th. Finally, Hsbc Global Res raised Take-Two Interactive Software from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 12th. One investment analyst has rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Take-Two Interactive Software presently has an average rating of "Buy" and a consensus target price of $185.10.

Insiders Place Their Bets

In other news, Director Michael Sheresky sold 191 shares of the 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 completion of the transaction, the director now directly owns 64,378 shares of the company's stock, valued at approximately $9,645,755.74. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.37% of the company's stock.

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.