Robeco Institutional Asset Management B.V. cut its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 14.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,145 shares of the company's stock after selling 3,203 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Take-Two Interactive Software were worth $2,943,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of TTWO. Crewe Advisors LLC boosted its position in shares of Take-Two Interactive Software by 297.9% in the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company's stock valued at $30,000 after purchasing an additional 143 shares during the period. UMB Bank n.a. boosted its position 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 buying an additional 121 shares during the period. HHM Wealth Advisors LLC purchased a new position in shares of Take-Two Interactive Software during the second quarter valued at $37,000. Blue Trust Inc. raised its position in Take-Two Interactive Software by 410.6% during the second quarter. Blue Trust Inc. now owns 240 shares of the company's stock valued at $36,000 after buying an additional 193 shares during the period. Finally, BOKF NA lifted its stake in Take-Two Interactive Software by 466.7% in the 1st quarter. BOKF NA now owns 272 shares of the company's stock worth $41,000 after acquiring an additional 224 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.
Insider Activity 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 of the company's stock, valued at approximately $9,645,755.74. The trade was 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. 1.45% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on the company. Bank of America reiterated a "buy" rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. Morgan Stanley upped their price objective on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday. Benchmark lifted their target price on shares of 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. Hsbc Global Res upgraded Take-Two Interactive Software from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 12th. Finally, The Goldman Sachs Group upped their price target on Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a "buy" rating in a research note on Thursday. Two research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $188.05.
Read Our Latest Stock Report on TTWO
Take-Two Interactive Software Stock Performance
Shares of TTWO traded down $1.27 on Friday, reaching $177.90. 2,225,695 shares of the stock traded hands, compared to its average volume of 1,510,917. The stock's 50-day moving average price is $156.75 and its 200-day moving average price is $153.87. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.90. The firm has a market cap of $31.18 billion, a price-to-earnings ratio of -8.41, a P/E/G ratio of 5.44 and a beta of 0.85. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $180.53.
Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share (EPS) 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 negative net margin of 66.38% and a positive return on equity of 0.51%. Equities analysts forecast that Take-Two Interactive Software, Inc. will post 1.01 EPS for the current fiscal year.
Take-Two Interactive Software Profile
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Free Report)
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.
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