Tredje AP fonden Sells 418 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Tredje AP fonden lessened its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,470 shares of the company’s stock after selling 418 shares during the period. Tredje AP fonden’s holdings in Take-Two Interactive Software were worth $4,116,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of TTWO. TD Asset Management Inc lifted its holdings in Take-Two Interactive Software by 269.8% during the 4th quarter. TD Asset Management Inc now owns 495,177 shares of the company’s stock worth $79,699,000 after buying an additional 361,273 shares during the period. Secured Retirement Advisors LLC acquired a new stake in shares of Take-Two Interactive Software during the fourth quarter worth $953,000. Nordea Investment Management AB raised its stake in Take-Two Interactive Software by 3.5% during the first quarter. Nordea Investment Management AB now owns 731,045 shares of the company’s stock worth $109,182,000 after buying an additional 24,723 shares during the last quarter. QRG Capital Management Inc. lifted its holdings in 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 buying an additional 9,076 shares during the period. Finally, Wellington Management Group LLP boosted its position in Take-Two Interactive Software by 421.0% during the fourth quarter. Wellington Management Group LLP now owns 327,006 shares of the company’s stock valued at $52,632,000 after acquiring an additional 264,244 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Up 0.4 %

Shares of TTWO stock opened at $153.33 on Thursday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.90 and a current ratio of 0.90. The company has a market capitalization of $26.88 billion, a price-to-earnings ratio of -6.98, a PEG ratio of 4.43 and a beta of 0.86. 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 50-day simple moving average of $151.81 and a two-hundred day simple moving average of $151.07.

Take-Two Interactive Software (NASDAQ:TTWO) last released its 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 company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.24 billion. Take-Two Interactive Software had a positive return on equity of 1.74% and a negative net margin of 70.33%. Research analysts anticipate that Take-Two Interactive Software, Inc. will post 1.06 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Benchmark lifted their price objective on 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. HSBC upgraded Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 target price for the company in a report on Monday, August 12th. BMO Capital Markets restated an “outperform” rating and set a $185.00 price target on shares of Take-Two Interactive Software in a report on Tuesday, July 30th. 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, Stifel Nicolaus boosted their target price on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a research report on Thursday, September 5th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $183.55.

Insider Buying and Selling at Take-Two Interactive Software

In other 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 transaction of $28,617.53. Following the sale, the director now directly owns 64,378 shares in the company, valued at approximately $9,645,755.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Company Profile

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.