Greenleaf Trust Sells 3,500 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Greenleaf Trust decreased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 64.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,895 shares of the company’s stock after selling 3,500 shares during the quarter. Greenleaf Trust’s holdings in Take-Two Interactive Software were worth $291,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of TTWO. ORG Partners LLC increased its stake in Take-Two Interactive Software by 5,533.3% during the 1st quarter. ORG Partners LLC now owns 169 shares of the company’s stock valued at $25,000 after purchasing an additional 166 shares in the last quarter. Crewe Advisors LLC lifted its stake in Take-Two Interactive Software by 297.9% during the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after acquiring an additional 143 shares in the last quarter. UMB Bank n.a. boosted its holdings in Take-Two Interactive Software by 155.1% during the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company’s stock worth $31,000 after acquiring an additional 121 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Take-Two Interactive Software by 410.6% in the second quarter. Blue Trust Inc. now owns 240 shares of the company’s stock valued at $36,000 after purchasing an additional 193 shares during the last quarter. Finally, HHM Wealth Advisors LLC purchased a new position in Take-Two Interactive Software during the second quarter worth about $37,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Price Performance

TTWO opened at $161.79 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $28.36 billion, a P/E ratio of -7.26, a PEG ratio of 4.63 and a beta of 0.86. The stock has a 50-day moving average price of $155.23 and a 200-day moving average price of $152.29. Take-Two Interactive Software, Inc. has a 12-month low of $130.34 and a 12-month high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share for the quarter, topping the consensus estimate of ($0.39) by $0.09. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate 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%. Equities analysts predict that Take-Two Interactive Software, Inc. will post 1.06 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Hsbc Global Res upgraded shares of 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 set a $185.00 price target on shares of Take-Two Interactive Software in a report on Tuesday, July 30th. Morgan Stanley upped their price objective on Take-Two Interactive Software from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Tuesday, July 23rd. Wedbush reiterated an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Finally, Bank of America reaffirmed a “buy” rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. One equities research analyst has rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $185.60.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of the 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 of the company’s stock, valued at $9,645,755.74. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.45% 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. 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.