Investment House LLC Has $2.82 Million Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Investment House LLC decreased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 66.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,539 shares of the company's stock after selling 34,348 shares during the period. Investment House LLC's holdings in Take-Two Interactive Software were worth $2,823,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of Take-Two Interactive Software by 110.7% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 177 shares of the company's stock worth $25,000 after buying an additional 93 shares during the last quarter. CVA Family Office LLC bought a new position in Take-Two Interactive Software in the fourth quarter worth $25,000. MCF Advisors LLC raised its stake in shares of Take-Two Interactive Software by 1,677.8% in the 4th quarter. MCF Advisors LLC now owns 160 shares of the company's stock valued at $26,000 after buying an additional 151 shares in the last quarter. Wetzel Investment Advisors Inc. bought a new position in shares of Take-Two Interactive Software during the 4th quarter worth about $26,000. Finally, NBC Securities Inc. acquired a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at about $27,000. Institutional investors and hedge funds own 95.46% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on TTWO shares. Wells Fargo & Company increased their target price on shares of Take-Two Interactive Software from $170.00 to $193.00 and gave the stock an "overweight" rating in a report on Thursday, February 1st. Benchmark reissued a "buy" rating and set a $200.00 price objective on shares of Take-Two Interactive Software in a research report on Friday, April 19th. Oppenheimer reaffirmed an "outperform" rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a research report on Tuesday, April 23rd. Jefferies Financial Group initiated coverage on Take-Two Interactive Software in a research note on Monday, April 1st. They issued a "buy" rating and a $195.00 price objective for the company. Finally, The Goldman Sachs Group increased their target price on Take-Two Interactive Software from $165.00 to $200.00 and gave the stock a "buy" rating in a report on Friday, January 19th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $177.61.

Insiders Place Their Bets

In related news, President Karl Slatoff sold 90,851 shares of Take-Two Interactive Software stock in a transaction dated 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 owns 87,286 shares in the company, valued at $12,965,462.44. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, Director Michael Sheresky sold 260 shares of the firm's stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $155.72, for a total transaction of $40,487.20. Following the transaction, the director now owns 63,645 shares in the company, valued at $9,910,799.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 of the company's stock, valued at $12,965,462.44. The disclosure for this sale can be found here. Corporate insiders own 1.37% of the company's stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock traded down $0.20 on Monday, reaching $144.27. The stock had a trading volume of 1,319,077 shares, compared to its average volume of 1,636,249. 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 50 day simple moving average of $147.33 and a 200 day simple moving average of $152.26. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a market cap of $24.61 billion, a P/E ratio of -16.81, a price-to-earnings-growth ratio of 1.20 and a beta of 0.74.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its earnings results 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 business had revenue of $1.34 billion for the quarter, compared to analysts' expectations of $1.34 billion. Equities research analysts expect that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current year.

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.