Zurcher Kantonalbank Zurich Cantonalbank Purchases 49,460 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 162.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 79,865 shares of the company's stock after buying an additional 49,460 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Take-Two Interactive Software were worth $12,854,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Tectonic Advisors LLC increased its position 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 worth $276,000 after buying an additional 69 shares during the period. Drive Wealth Management LLC increased its position 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 worth $258,000 after buying an additional 69 shares during the period. Belpointe Asset Management LLC increased its position 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 worth $279,000 after buying an additional 70 shares during the period. Massmutual Trust Co. FSB ADV grew its holdings in shares of 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 worth $87,000 after purchasing an additional 70 shares in the last quarter. Finally, Parkside Financial Bank & Trust grew its holdings in shares of Take-Two Interactive Software by 44.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 278 shares of the company's stock worth $41,000 after purchasing an additional 85 shares in the last quarter. Institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Trading Down 0.0 %

Shares of TTWO traded down $0.04 during mid-day trading on Friday, reaching $140.60. 2,542,994 shares of the company were exchanged, compared to its average volume of 1,527,901. The stock has a market capitalization of $23.98 billion, a PE ratio of -16.39, a PEG ratio of 1.20 and a beta of 0.74. The business has a 50 day simple moving average of $148.57 and a two-hundred day simple moving average of $152.18. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.82 and a current ratio of 0.82. Take-Two Interactive Software, Inc. has a 52 week low of $119.57 and a 52 week high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced 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). Take-Two Interactive Software had a negative net margin of 26.90% and a positive return on equity of 3.03%. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.34 billion. On average, analysts predict that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current fiscal year.

Insider Activity at Take-Two Interactive Software

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

Wall Street Analyst Weigh In

Several analysts have recently issued reports on TTWO shares. JPMorgan Chase & Co. reduced their target price on Take-Two Interactive Software from $188.00 to $180.00 and set an "overweight" rating on the stock in a report on Friday, February 9th. Moffett Nathanson lowered Take-Two Interactive Software from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $169.00 to $167.00 in a report on Monday, February 5th. Citigroup raised Take-Two Interactive Software from a "neutral" rating to a "buy" rating and increased their target price for the stock from $170.00 to $200.00 in a report on Monday, April 8th. Jefferies Financial Group started coverage on Take-Two Interactive Software in a report on Monday, April 1st. They set a "buy" rating and a $195.00 target price on the stock. Finally, Stifel Nicolaus reissued a "buy" rating and set a $175.00 target price on shares of Take-Two Interactive Software in a report on Monday, April 1st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eighteen have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $176.39.

Take-Two Interactive Software Company 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.