Flossbach Von Storch AG Sells 7,220 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Flossbach Von Storch AG lessened its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 24.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,887 shares of the company's stock after selling 7,220 shares during the quarter. Flossbach Von Storch AG's holdings in Take-Two Interactive Software were worth $3,684,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Tectonic Advisors LLC lifted its holdings in Take-Two Interactive Software by 4.2% during the 4th quarter. Tectonic Advisors LLC now owns 1,712 shares of the company's stock valued at $276,000 after purchasing an additional 69 shares during the last quarter. Drive Wealth Management LLC lifted its holdings in Take-Two Interactive Software by 4.5% during the 4th quarter. Drive Wealth Management LLC now owns 1,606 shares of the company's stock valued at $258,000 after purchasing an additional 69 shares during the last quarter. Belpointe Asset Management LLC lifted its holdings in Take-Two Interactive Software by 3.7% during the 3rd quarter. Belpointe Asset Management LLC now owns 1,986 shares of the company's stock valued at $279,000 after purchasing an additional 70 shares during the last quarter. Massmutual Trust Co. FSB ADV lifted its holdings in Take-Two Interactive Software by 14.8% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 543 shares of the company's stock valued at $87,000 after purchasing an additional 70 shares during the last quarter. Finally, Parkside Financial Bank & Trust lifted its holdings in Take-Two Interactive Software by 44.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 278 shares of the company's stock valued at $41,000 after purchasing an additional 85 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Insider Buying and Selling

In related news, President Karl Slatoff sold 90,851 shares of Take-Two Interactive Software stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of $148.54, for a total value of $13,495,007.54. Following the transaction, the president now directly owns 87,286 shares of the company's stock, valued at $12,965,462.44. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of the business's stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of $148.54, for a total value of $13,495,007.54. Following the transaction, the president now directly owns 87,286 shares of the company's stock, valued at $12,965,462.44. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael Sheresky sold 260 shares of the business's stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $155.72, for a total value of $40,487.20. Following the completion of the transaction, the director now directly owns 63,645 shares in the company, valued at $9,910,799.40. The disclosure for this sale can be found here. 1.37% of the stock is owned by insiders.

Take-Two Interactive Software Trading Down 1.8 %

Shares of TTWO stock traded down $2.52 during mid-day trading on Thursday, reaching $140.64. 1,494,014 shares of the stock traded hands, compared to its average volume of 1,665,240. The stock's fifty day simple moving average is $148.86 and its two-hundred day simple moving average is $152.07. Take-Two Interactive Software, Inc. has a 1-year low of $119.57 and a 1-year high of $171.59. The company has a market cap of $23.99 billion, a price-to-earnings ratio of -16.39, a price-to-earnings-growth ratio of 1.24 and a beta of 0.74. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.32.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its quarterly earnings data on Thursday, February 8th. The company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.32 by ($0.02). The company had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.34 billion. Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. On average, research analysts anticipate that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TTWO. JPMorgan Chase & Co. lowered their price objective on Take-Two Interactive Software from $188.00 to $180.00 and set an "overweight" rating on the stock in a research report on Friday, February 9th. BMO Capital Markets began coverage on Take-Two Interactive Software in a research report on Tuesday, January 9th. They set an "outperform" rating and a $200.00 price objective on the stock. Roth Mkm increased their price objective on Take-Two Interactive Software from $168.00 to $185.00 and gave the stock a "buy" rating in a research report on Friday, February 9th. Jefferies Financial Group assumed coverage on Take-Two Interactive Software in a research report on Monday, April 1st. They set a "buy" rating and a $195.00 price objective on the stock. Finally, Stifel Nicolaus restated a "buy" rating and issued a $175.00 price target on shares of Take-Two Interactive Software in a research report on Monday, April 1st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $176.39.

About Take-Two Interactive Software

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.