Eagle Wealth Strategies LLC Invests $277,000 in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Eagle Wealth Strategies LLC bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,799 shares of the company’s stock, valued at approximately $277,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Secured Retirement Advisors LLC acquired a new stake in shares of Take-Two Interactive Software in the fourth quarter worth $953,000. Nordea Investment Management AB boosted 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 during the last quarter. QRG Capital Management Inc. boosted its position 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 valued at $2,142,000 after purchasing an additional 9,076 shares during the last quarter. 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 purchasing an additional 264,244 shares during the last quarter. Finally, SteelPeak Wealth LLC boosted its position in Take-Two Interactive Software by 127.4% during the first quarter. SteelPeak Wealth LLC now owns 13,788 shares of the company’s stock valued at $2,047,000 after purchasing an additional 7,725 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Wedbush restated an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. Hsbc Global Res upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 12th. BMO Capital Markets reiterated an “outperform” rating and issued a $185.00 price objective on shares of Take-Two Interactive Software in a research note on Tuesday, July 30th. Stifel Nicolaus lifted their price objective 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. Finally, Jefferies Financial Group lifted their price objective 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. One research analyst has rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Take-Two Interactive Software currently has an average rating of “Buy” and an average price target of $185.10.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of the company’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $149.83, for a total transaction of $28,617.53. Following the completion of the sale, the director now owns 64,378 shares in the company, valued at approximately $9,645,755.74. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Trading Up 0.1 %

NASDAQ:TTWO traded up $0.13 during trading hours on Wednesday, hitting $153.07. 59,602 shares of the stock were exchanged, compared to its average volume of 1,624,132. The company’s 50 day moving average is $151.88 and its two-hundred day moving average is $151.65. Take-Two Interactive Software, Inc. has a twelve month low of $130.34 and a twelve month high of $171.59. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $26.83 billion, a P/E ratio of -6.96, a price-to-earnings-growth ratio of 4.41 and a beta of 0.86.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data 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 positive return on equity of 1.74% and a negative net margin of 70.33%. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.24 billion. On average, sell-side analysts anticipate that Take-Two Interactive Software, Inc. will post 1.06 earnings per share for the current fiscal year.

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.