Private Advisor Group LLC Sells 1,395 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Private Advisor Group LLC reduced its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 39.0% during the third quarter, Holdings Channel.com reports. The firm owned 2,180 shares of the company’s stock after selling 1,395 shares during the quarter. Private Advisor Group LLC’s holdings in Take-Two Interactive Software were worth $335,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of TTWO. Vanguard Group Inc. lifted its stake in shares of Take-Two Interactive Software by 0.8% in the first quarter. Vanguard Group Inc. now owns 18,920,875 shares of the company’s stock valued at $2,809,561,000 after buying an additional 156,563 shares in the last quarter. Capital World Investors raised its holdings in shares of Take-Two Interactive Software by 2.1% in the 1st quarter. Capital World Investors now owns 7,240,503 shares of the company’s stock worth $1,075,142,000 after acquiring an additional 151,135 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in Take-Two Interactive Software by 4.2% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,744,251 shares of the company’s stock valued at $737,684,000 after acquiring an additional 192,774 shares in the last quarter. Ameriprise Financial Inc. lifted its position in Take-Two Interactive Software by 17.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company’s stock valued at $694,173,000 after acquiring an additional 666,198 shares in the last quarter. Finally, Boston Partners boosted its stake in Take-Two Interactive Software by 1.8% during the 1st quarter. Boston Partners now owns 2,697,648 shares of the company’s stock valued at $400,379,000 after purchasing an additional 48,909 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Up 1.6 %

Shares of NASDAQ TTWO opened at $166.62 on Thursday. 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 stock has a market capitalization of $29.21 billion, a PE ratio of -7.36, a P/E/G ratio of 4.98 and a beta of 0.85. Take-Two Interactive Software, Inc. has a one year low of $135.00 and a one year high of $171.59. The business’s fifty day moving average price is $155.90 and its 200-day moving average price is $153.17.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Thursday, August 8th. The company reported ($0.30) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.09. The business 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, equities research analysts anticipate that Take-Two Interactive Software, Inc. will post 1.01 EPS for the current year.

Insiders Place Their Bets

In other news, Director Michael Sheresky sold 191 shares of the company’s stock in a transaction dated 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 $9,645,755.74. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 1.45% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have recently commented on TTWO shares. Bank of America reissued a “buy” rating and issued a $185.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. JPMorgan Chase & Co. dropped their price objective on Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 22nd. Stifel Nicolaus lifted their price objective on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a “buy” rating in a report on Thursday, September 5th. 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, Wedbush restated an “outperform” rating and set a $190.00 price target on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. One research analyst has rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $187.21.

Take-Two Interactive Software Profile

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.