Allworth Financial LP Grows Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Allworth Financial LP boosted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 18.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 933 shares of the company’s stock after buying an additional 144 shares during the quarter. Allworth Financial LP’s holdings in Take-Two Interactive Software were worth $143,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Hartford Investment Management Co. lifted its position in shares of Take-Two Interactive Software by 0.7% in the 3rd quarter. Hartford Investment Management Co. now owns 10,255 shares of the company’s stock worth $1,576,000 after purchasing an additional 74 shares during the period. Chicago Capital LLC boosted its holdings in shares of Take-Two Interactive Software by 2.9% in the 3rd quarter. Chicago Capital LLC now owns 2,983 shares of the company’s stock valued at $459,000 after acquiring an additional 85 shares during the last quarter. Salomon & Ludwin LLC grew its position in Take-Two Interactive Software by 25.7% during the 1st quarter. Salomon & Ludwin LLC now owns 445 shares of the company’s stock worth $66,000 after purchasing an additional 91 shares during the period. Massmutual Trust Co. FSB ADV grew its holdings in Take-Two Interactive Software by 15.3% during the second quarter. Massmutual Trust Co. FSB ADV now owns 685 shares of the company’s stock worth $107,000 after acquiring an additional 91 shares during the period. Finally, GAMMA Investing LLC grew its stake in shares of Take-Two Interactive Software by 5.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,709 shares of the company’s stock worth $263,000 after purchasing an additional 92 shares during the period. Institutional investors own 95.46% of the company’s stock.

Insiders Place Their Bets

In other news, Director Michael Sheresky sold 191 shares of the firm’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $9,645,755.74. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.45% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on TTWO. Jefferies Financial Group boosted their target price on shares of 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. BMO Capital Markets reiterated an “outperform” rating and set a $185.00 price target on shares of Take-Two Interactive Software in a report on Tuesday, July 30th. Stifel Nicolaus lifted 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 report on Thursday, September 5th. Redburn Atlantic assumed coverage on Take-Two Interactive Software in a research report on Thursday, August 29th. They issued a “buy” rating and a $194.00 target price for the company. Finally, Morgan Stanley boosted their price target on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 23rd. One equities research analyst has rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $185.60.

Take-Two Interactive Software Stock Up 0.4 %

TTWO stock opened at $162.89 on Thursday. The company’s 50 day simple moving average is $155.64 and its 200-day simple moving average is $152.54. Take-Two Interactive Software, Inc. has a 52-week low of $132.17 and a 52-week 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. The firm has a market capitalization of $28.55 billion, a P/E ratio of -7.31, a P/E/G ratio of 4.94 and a beta of 0.86.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its earnings results on Thursday, August 8th. The company reported ($0.30) 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 firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.24 billion. As a group, equities research analysts anticipate that Take-Two Interactive Software, Inc. will post 1.01 EPS for the current year.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.