Mutual of America Capital Management LLC Sells 690 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Mutual of America Capital Management LLC decreased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 38,683 shares of the company’s stock after selling 690 shares during the period. Mutual of America Capital Management LLC’s holdings in Take-Two Interactive Software were worth $6,015,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. TD Asset Management Inc increased its holdings in shares of Take-Two Interactive Software by 269.8% in 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 last quarter. Secured Retirement Advisors LLC bought a new position in Take-Two Interactive Software in the fourth quarter valued at $953,000. Nordea Investment Management AB raised its position 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 valued at $109,182,000 after purchasing an additional 24,723 shares in the last quarter. QRG Capital Management Inc. lifted its stake in Take-Two Interactive Software by 169.7% during the first quarter. QRG Capital Management Inc. now owns 14,425 shares of the company’s stock worth $2,142,000 after purchasing an additional 9,076 shares during the last quarter. Finally, Wellington Management Group LLP boosted its holdings in shares of Take-Two Interactive Software by 421.0% in the 4th quarter. Wellington Management Group LLP now owns 327,006 shares of the company’s stock worth $52,632,000 after purchasing an additional 264,244 shares in the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on TTWO. Stifel Nicolaus upped their target price on Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a “buy” rating in a research note on Thursday, September 5th. Jefferies Financial Group increased their target price on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, July 11th. Bank of America reissued a “buy” rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Redburn Atlantic began coverage on Take-Two Interactive Software in a research note on Thursday, August 29th. They set a “buy” rating and a $194.00 price objective on the stock. Finally, Wedbush reissued an “outperform” rating and issued a $190.00 target price on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average target price of $183.55.

Take-Two Interactive Software Price Performance

TTWO opened at $148.78 on Friday. The firm has a market cap of $25.50 billion, a PE ratio of -6.77, a P/E/G ratio of 4.43 and a beta of 0.86. The stock has a 50-day moving average price of $151.94 and a 200-day moving average price of $151.10. Take-Two Interactive Software, Inc. has a 1 year low of $130.34 and a 1 year high of $171.59. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.90 and a quick ratio of 0.90.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.24 billion. Sell-side analysts predict that Take-Two Interactive Software, Inc. will post 1.06 earnings per share for the current fiscal year.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $9,645,755.74. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 1.37% of the company’s stock.

Take-Two Interactive Software 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.