Troy Asset Management Ltd Purchases 7,654 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Troy Asset Management Ltd lifted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 8.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 102,372 shares of the company's stock after purchasing an additional 7,654 shares during the period. Troy Asset Management Ltd owned 0.06% of Take-Two Interactive Software worth $15,736,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Texas Permanent School Fund Corp lifted its stake in shares of Take-Two Interactive Software by 0.4% in the first quarter. Texas Permanent School Fund Corp now owns 32,779 shares of the company's stock worth $4,867,000 after buying an additional 121 shares during the last quarter. Forsta AP Fonden lifted its position in Take-Two Interactive Software by 13.1% during the 1st quarter. Forsta AP Fonden now owns 35,500 shares of the company's stock worth $5,271,000 after acquiring an additional 4,100 shares during the last quarter. Tectonic Advisors LLC boosted its holdings in Take-Two Interactive Software by 27.8% during the first quarter. Tectonic Advisors LLC now owns 2,188 shares of the company's stock valued at $325,000 after acquiring an additional 476 shares during the period. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Take-Two Interactive Software in the first quarter valued at about $2,814,000. Finally, QRG Capital Management Inc. grew its position in shares of Take-Two Interactive Software by 169.7% in the first quarter. QRG Capital Management Inc. now owns 14,425 shares of the company's stock valued at $2,142,000 after purchasing an additional 9,076 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of Take-Two Interactive Software stock in a transaction 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 owns 64,378 shares in the company, valued at approximately $9,645,755.74. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.45% of the stock is owned by corporate insiders.

Take-Two Interactive Software Price Performance

Shares of TTWO traded down $1.27 during trading hours on Friday, hitting $177.90. The stock had a trading volume of 2,225,695 shares, compared to its average volume of 1,510,917. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $180.53. The stock has a market capitalization 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. The company's fifty day moving average is $156.75 and its two-hundred day moving average 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.

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. The company had revenue of $1.22 billion during 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%. On average, analysts anticipate that Take-Two Interactive Software, Inc. will post 1.01 EPS for the current year.

Analyst Ratings Changes

TTWO has been the subject of several recent analyst reports. TD Cowen increased their target price on Take-Two Interactive Software from $173.00 to $176.00 and gave the company a "buy" rating in a research note on Thursday. Benchmark increased their price objective on Take-Two Interactive Software from $200.00 to $210.00 and gave the company a "buy" rating in a research report on Wednesday, August 21st. Roth Mkm raised their price objective on shares of Take-Two Interactive Software from $180.00 to $182.00 and gave the stock a "buy" rating in a research note on Thursday. Hsbc Global Res upgraded shares of Take-Two Interactive Software from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 12th. Finally, HSBC raised shares of Take-Two Interactive Software from a "hold" rating to a "buy" rating and set a $179.00 price target for the company in a report on Monday, August 12th. Two equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $188.05.

Take-Two Interactive Software 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.