Choreo LLC Grows Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Choreo LLC lifted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 77.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,355 shares of the company’s stock after buying an additional 2,342 shares during the period. Choreo LLC’s holdings in Take-Two Interactive Software were worth $826,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. ORG Partners LLC raised its holdings in Take-Two Interactive Software by 5,533.3% in the 1st quarter. ORG Partners LLC now owns 169 shares of the company’s stock valued at $25,000 after acquiring an additional 166 shares during the last quarter. Pin Oak Investment Advisors Inc. grew its position in shares of Take-Two Interactive Software by 485.7% in the fourth quarter. Pin Oak Investment Advisors Inc. now owns 164 shares of the company’s stock valued at $26,000 after purchasing an additional 136 shares in the last quarter. Crewe Advisors LLC increased its holdings in shares of Take-Two Interactive Software by 297.9% in the second 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 last quarter. Connectus Wealth LLC lifted its position in Take-Two Interactive Software by 903.8% during the fourth quarter. Connectus Wealth LLC now owns 192,484 shares of the company’s stock worth $31,000 after buying an additional 173,308 shares in the last quarter. Finally, UMB Bank n.a. boosted its stake in Take-Two Interactive Software by 155.1% during 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 last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of the company’s stock in a transaction dated 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 owns 64,378 shares in the company, valued at approximately $9,645,755.74. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.37% of the stock is currently owned by insiders.

Take-Two Interactive Software Trading Down 0.9 %

Shares of TTWO stock opened at $152.18 on Friday. Take-Two Interactive Software, Inc. has a fifty-two week low of $130.34 and a fifty-two week high of $171.59. The company has a 50 day moving average price of $151.73 and a 200 day moving average price of $150.97. The stock has a market capitalization of $26.67 billion, a P/E ratio of -6.92, a price-to-earnings-growth ratio of 4.53 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 (NASDAQ:TTWO) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.30) EPS for the quarter, beating 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 company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.24 billion. Equities research analysts predict that Take-Two Interactive Software, Inc. will post 1.03 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Jefferies Financial Group raised their target price on Take-Two Interactive Software from $175.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, July 11th. Roth Mkm cut their price objective 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. HSBC upgraded shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 target price on the stock in a report on Monday, August 12th. Wedbush restated an “outperform” rating and set a $190.00 price target on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. Finally, Morgan Stanley upped their price objective on Take-Two Interactive Software from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Tuesday, July 23rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $183.55.

About Take-Two Interactive Software

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.