Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Position Trimmed by Compass Wealth Management LLC

Compass Wealth Management LLC decreased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) by 76.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,925 shares of the company’s stock after selling 6,232 shares during the period. Compass Wealth Management LLC’s holdings in Take-Two Interactive Software were worth $286,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in Take-Two Interactive Software by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 18,764,312 shares of the company’s stock valued at $3,020,116,000 after purchasing an additional 259,149 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of Take-Two Interactive Software by 1.8% during the third quarter. Ameriprise Financial Inc. now owns 4,720,699 shares of the company’s stock worth $662,690,000 after acquiring an additional 84,633 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Take-Two Interactive Software by 12.5% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,691,926 shares of the company’s stock worth $755,165,000 after acquiring an additional 521,456 shares during the last quarter. Norges Bank bought a new position in shares of Take-Two Interactive Software during the fourth quarter worth about $350,811,000. Finally, Northern Trust Corp grew its position in shares of Take-Two Interactive Software by 2.8% during the third quarter. Northern Trust Corp now owns 1,625,005 shares of the company’s stock worth $228,134,000 after acquiring an additional 44,826 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Roth Mkm lowered their price target on shares of Take-Two Interactive Software from $185.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, May 17th. Citigroup upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and upped their price target for the stock from $170.00 to $200.00 in a research report on Monday, April 8th. HSBC downgraded shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating and set a $154.00 price objective for the company. in a report on Friday, May 17th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $175.00 price objective on shares of Take-Two Interactive Software in a report on Monday, April 1st. Finally, Wedbush reaffirmed an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a report on Friday, May 17th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nineteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $178.09.

Check Out Our Latest Stock Analysis on Take-Two Interactive Software

Insider Buying and Selling at Take-Two Interactive Software

In other news, President Karl Slatoff sold 90,851 shares of the stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of $148.54, for a total value of $13,495,007.54. Following the completion of the sale, the president now directly owns 87,286 shares of the company’s stock, valued at $12,965,462.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director Jon J. Moses sold 2,500 shares of the stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $151.25, for a total value of $378,125.00. Following the completion of the sale, the director now directly owns 21,981 shares of the company’s stock, valued at $3,324,626.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Karl Slatoff sold 90,851 shares of the firm’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $148.54, for a total value of $13,495,007.54. Following the completion of the transaction, the president now directly owns 87,286 shares of the company’s stock, valued at $12,965,462.44. The disclosure for this sale can be found here. Insiders have sold a total of 93,569 shares of company stock worth $13,909,565 over the last 90 days. Insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Trading Down 1.3 %

NASDAQ:TTWO opened at $155.37 on Thursday. Take-Two Interactive Software, Inc. has a 52 week low of $130.34 and a 52 week high of $171.59. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.94 and a current ratio of 0.94. The stock’s 50 day moving average price is $151.04 and its 200 day moving average price is $154.14. The company has a market capitalization of $26.63 billion, a P/E ratio of -7.07, a P/E/G ratio of 5.03 and a beta of 0.84.

Take-Two Interactive Software (NASDAQ:TTWOGet Free Report) last announced its quarterly earnings results on Thursday, May 16th. The company reported ($17.02) EPS for the quarter, missing the consensus estimate of $0.07 by ($17.09). Take-Two Interactive Software had a negative net margin of 69.99% and a positive return on equity of 2.19%. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter last year, the business earned $0.47 EPS. The company’s revenue for the quarter was down 3.2% on a year-over-year basis. On average, research analysts forecast that Take-Two Interactive Software, Inc. will post 0.95 EPS for the current fiscal year.

Take-Two Interactive Software Company Profile

(Free Report)

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.

Further Reading

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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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