Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Position Cut by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co lowered its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 6.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 14,592 shares of the company’s stock after selling 947 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Take-Two Interactive Software were worth $2,269,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Pin Oak Investment Advisors Inc. boosted its stake in Take-Two Interactive Software by 485.7% during the 4th 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 during the period. ORG Partners LLC boosted its position in shares of Take-Two Interactive Software by 5,533.3% during the first quarter. ORG Partners LLC now owns 169 shares of the company’s stock worth $25,000 after buying an additional 166 shares during the period. Crewe Advisors LLC grew its holdings in Take-Two Interactive Software by 297.9% in the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock worth $30,000 after buying an additional 143 shares in the last quarter. UMB Bank n.a. increased its position in Take-Two Interactive Software by 155.1% in the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company’s stock valued at $31,000 after acquiring an additional 121 shares during the period. Finally, HHM Wealth Advisors LLC bought a new stake in Take-Two Interactive Software during the 2nd quarter valued at $37,000. Institutional investors own 95.46% of the company’s stock.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of the firm’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $149.83, for a total value 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 accessible through the SEC website. Corporate insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock opened at $153.66 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.51. The firm has a fifty day simple moving average of $151.90 and a 200-day simple moving average of $151.08. The stock has a market capitalization of $26.93 billion, a price-to-earnings ratio of -6.99, a PEG ratio of 4.43 and a beta of 0.86. Take-Two Interactive Software, Inc. has a 1-year low of $130.34 and a 1-year high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO) last released its earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.09. The firm 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 70.33% and a positive return on equity of 1.74%. On average, sell-side analysts expect that Take-Two Interactive Software, Inc. will post 1.06 earnings per share for the current year.

Analysts Set New Price Targets

TTWO has been the subject of several recent analyst reports. BMO Capital Markets reissued an “outperform” rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a research note on Tuesday, July 30th. Morgan Stanley raised their target price on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Tuesday, July 23rd. Redburn Atlantic initiated coverage on shares of Take-Two Interactive Software in a research note on Thursday, August 29th. They issued a “buy” rating and a $194.00 price target for the company. Hsbc Global Res upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, August 12th. Finally, Jefferies Financial Group boosted their target price on Take-Two Interactive Software from $175.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday, July 11th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average 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.