Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Holdings Raised by Beech Hill Advisors Inc.

Beech Hill Advisors Inc. raised its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 107.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,999 shares of the company's stock after acquiring an additional 7,769 shares during the quarter. Beech Hill Advisors Inc.'s holdings in Take-Two Interactive Software were worth $2,305,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. ORG Partners LLC grew its position in shares of Take-Two Interactive Software by 5,533.3% in the first quarter. ORG Partners LLC now owns 169 shares of the company's stock valued at $25,000 after purchasing an additional 166 shares during the last quarter. Crewe Advisors LLC increased its position in Take-Two Interactive Software by 297.9% during the second quarter. Crewe Advisors LLC now owns 191 shares of the company's stock worth $30,000 after buying an additional 143 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of Take-Two Interactive Software by 155.1% in the second quarter. UMB Bank n.a. now owns 199 shares of the company's stock worth $31,000 after acquiring an additional 121 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Take-Two Interactive Software by 410.6% in the second quarter. Blue Trust Inc. now owns 240 shares of the company's stock valued at $36,000 after acquiring an additional 193 shares in the last quarter. Finally, HHM Wealth Advisors LLC acquired a new stake in shares of Take-Two Interactive Software during the second quarter valued at $37,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Down 0.1 %

Shares of TTWO stock traded down $0.12 during trading hours on Thursday, reaching $154.79. The company had a trading volume of 816,369 shares, compared to its average volume of 1,608,958. The stock's fifty day simple moving average is $153.67 and its 200 day simple moving average is $151.96. The company has a market capitalization of $27.13 billion, a P/E ratio of -6.95, a price-to-earnings-growth ratio of 4.52 and a beta of 0.86. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.90 and a current ratio of 0.90. Take-Two Interactive Software, Inc. has a twelve month low of $130.34 and a twelve month high of $171.59.

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 (EPS) for the quarter, beating analysts' consensus estimates of ($0.39) by $0.09. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.24 billion. Take-Two Interactive Software had a negative net margin of 70.33% and a positive return on equity of 1.74%. As a group, sell-side analysts expect that Take-Two Interactive Software, Inc. will post 1.06 earnings per share for the current fiscal year.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $149.83, for a total transaction of $28,617.53. Following the sale, the director now directly owns 64,378 shares in the company, valued at $9,645,755.74. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.45% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Hsbc Global Res raised shares of Take-Two Interactive Software from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 12th. 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 objective on the stock. Benchmark raised their target price on shares of Take-Two Interactive Software from $200.00 to $210.00 and gave the stock a "buy" rating in a research report on Wednesday, August 21st. Jefferies Financial Group boosted their price target on Take-Two Interactive Software from $175.00 to $185.00 and gave the company a "buy" rating in a report on Thursday, July 11th. Finally, Morgan Stanley raised their price objective on Take-Two Interactive Software from $175.00 to $185.00 and gave the stock an "overweight" rating in a report on Tuesday, July 23rd. One research analyst has rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $185.85.

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.