5,237 Shares in Take-Two Interactive Software, Inc. $TTWO Acquired by CSM Advisors LLC

Key Points

• CSM Advisors LLC bought a new position of 5,237 shares in Take-Two Interactive (NASDAQ:TTWO) during the third quarter, valued at about $1.352 million.
• Analysts' consensus is a "Moderate Buy" with an average price target of $284.44, and several firms (UBS, Raymond James, Benchmark, Arete) have recently issued bullish updates.
• Insiders have been net sellers — including CEO Strauss Zelnick's sale of 7,946 shares — with 64,880 shares worth roughly $13.9 million sold in the last quarter, leaving insiders owning about 1.34% of the company.

CSM Advisors LLC bought a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 5,237 shares of the company's stock, valued at approximately $1,352,000.

Other institutional investors have also recently bought and sold shares of the company. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Take-Two Interactive Software during the third quarter worth $26,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Take-Two Interactive Software during the second quarter worth $27,000. Pinnacle Bancorp Inc. bought a new stake in Take-Two Interactive Software in the 3rd quarter valued at $29,000. Meeder Asset Management Inc. boosted its stake in Take-Two Interactive Software by 216.3% in the 3rd quarter. Meeder Asset Management Inc. now owns 136 shares of the company's stock worth $35,000 after purchasing an additional 93 shares during the period. Finally, Blue Trust Inc. boosted its stake in Take-Two Interactive Software by 42.9% in the 3rd quarter. Blue Trust Inc. now owns 150 shares of the company's stock worth $39,000 after purchasing an additional 45 shares during the period. Institutional investors own 95.46% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on TTWO shares. UBS Group lifted their price target on Take-Two Interactive Software from $292.00 to $300.00 and gave the company a "buy" rating in a research note on Wednesday, January 28th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Take-Two Interactive Software in a research report on Wednesday, January 21st. Raymond James Financial upgraded Take-Two Interactive Software from an "outperform" rating to a "strong-buy" rating and set a $285.00 price objective for the company in a report on Tuesday, February 10th. Benchmark reissued a "buy" rating on shares of Take-Two Interactive Software in a research report on Monday, February 2nd. Finally, Arete Research upgraded Take-Two Interactive Software from a "neutral" rating to a "buy" rating and set a $284.00 target price on the stock in a research note on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $284.44.

Take-Two Interactive Software Trading Down 0.4%

Shares of NASDAQ:TTWO opened at $207.69 on Tuesday. The company's 50-day moving average price is $220.36 and its two-hundred day moving average price is $238.78. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.14 and a quick ratio of 1.14. Take-Two Interactive Software, Inc. has a one year low of $188.56 and a one year high of $264.79. The stock has a market capitalization of $38.46 billion, a PE ratio of -9.28, a price-to-earnings-growth ratio of 8.54 and a beta of 0.94.

Insiders Place Their Bets

In related news, Director Michael Sheresky sold 155 shares of Take-Two Interactive Software stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $194.73, for a total value of $30,183.15. Following the sale, the director owned 65,626 shares of the company's stock, valued at approximately $12,779,350.98. The trade was a 0.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Strauss Zelnick sold 7,946 shares of the company's stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $214.16, for a total value of $1,701,715.36. Following the sale, the chief executive officer owned 170,756 shares in the company, valued at $36,569,104.96. The trade was a 4.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 64,880 shares of company stock valued at $13,908,337 in the last quarter. 1.34% of the stock is currently owned by corporate insiders.

Take-Two Interactive Software Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two's publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.

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