Axa S.A. Trims Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Axa S.A. lowered its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 184,082 shares of the company’s stock after selling 6,534 shares during the quarter. Axa S.A. owned about 0.11% of Take-Two Interactive Software worth $28,623,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Pin Oak Investment Advisors Inc. lifted its position 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 worth $26,000 after acquiring an additional 136 shares during the period. ORG Partners LLC lifted its holdings 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 purchasing an additional 166 shares during the period. Crewe Advisors LLC grew its position in Take-Two Interactive Software by 297.9% in the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after buying an additional 143 shares during the last quarter. UMB Bank n.a. increased its stake 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 buying an additional 121 shares during the period. Finally, HHM Wealth Advisors LLC acquired a new position in Take-Two Interactive Software in the 2nd quarter valued at $37,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Redburn Atlantic started coverage on shares of Take-Two Interactive Software in a report on Thursday, August 29th. They issued a “buy” rating and a $194.00 target price on the stock. Morgan Stanley boosted their target price on Take-Two Interactive Software from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 23rd. Wedbush reissued an “outperform” rating and issued a $190.00 price target on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. Bank of America reaffirmed a “buy” rating and set a $185.00 price objective on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. Finally, HSBC raised Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 target price for the company in a report on Monday, August 12th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $185.10.

Take-Two Interactive Software Trading Up 0.6 %

Shares of Take-Two Interactive Software stock opened at $151.69 on Friday. 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. The business has a 50 day moving average price of $151.76 and a 200 day moving average price of $151.30. The company has a market capitalization of $26.59 billion, a P/E ratio of -6.90, a P/E/G ratio of 4.39 and a beta of 0.86.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly 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 company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.24 billion. Take-Two Interactive Software had a positive return on equity of 1.74% and a negative net margin of 70.33%. Sell-side analysts anticipate that Take-Two Interactive Software, Inc. will post 1.06 EPS for the current fiscal year.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 191 shares of Take-Two Interactive Software stock in a transaction dated 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 directly owns 64,378 shares in the company, valued at $9,645,755.74. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.37% of the stock is owned by insiders.

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.