National Bank of Canada FI Buys 98,680 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

National Bank of Canada FI raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 248.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 138,321 shares of the company's stock after buying an additional 98,680 shares during the period. National Bank of Canada FI owned approximately 0.08% of Take-Two Interactive Software worth $22,029,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in TTWO. Cary Street Partners Investment Advisory LLC boosted its position in shares of Take-Two Interactive Software by 110.7% in the 3rd 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 in the last quarter. CVA Family Office LLC purchased a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at about $25,000. MCF Advisors LLC lifted its holdings in shares of Take-Two Interactive Software by 1,677.8% in the fourth quarter. MCF Advisors LLC now owns 160 shares of the company's stock valued at $26,000 after purchasing an additional 151 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at approximately $26,000. Finally, NBC Securities Inc. purchased a new position in shares of Take-Two Interactive Software during the 3rd quarter worth approximately $27,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on TTWO shares. Wells Fargo & Company increased their target price on Take-Two Interactive Software from $170.00 to $193.00 and gave the company an "overweight" rating in a report on Thursday, February 1st. Roth Mkm boosted their target price on shares of Take-Two Interactive Software from $168.00 to $185.00 and gave the company a "buy" rating in a research note on Friday, February 9th. Jefferies Financial Group started coverage on shares of Take-Two Interactive Software in a report on Monday, April 1st. They issued a "buy" rating and a $195.00 target price on the stock. Moffett Nathanson downgraded shares of Take-Two Interactive Software from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $169.00 to $167.00 in a report on Monday, February 5th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Take-Two Interactive Software from $188.00 to $180.00 and set an "overweight" rating for the company in a research report on Friday, February 9th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $177.61.

Insider Buying and Selling at Take-Two Interactive Software

In other news, President Karl Slatoff sold 90,851 shares of the firm's stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the completion of the sale, the president now owns 87,286 shares of the company's stock, valued at $12,965,462.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 directly owns 87,286 shares in the company, valued at $12,965,462.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael Sheresky sold 260 shares of the company'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 sale, 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 currently owned by corporate insiders.

Take-Two Interactive Software Stock Down 0.0 %

Shares of TTWO stock traded down $0.01 on Tuesday, hitting $148.33. The stock had a trading volume of 1,006,327 shares, compared to its average volume of 1,614,159. The stock's 50 day moving average is $146.48 and its 200-day moving average is $152.39. The firm has a market capitalization of $25.30 billion, a price-to-earnings ratio of -17.29, a P/E/G ratio of 1.21 and a beta of 0.75. Take-Two Interactive Software, Inc. has a 52-week low of $121.72 and a 52-week high of $171.59. 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 (NASDAQ:TTWO - Get Free Report) last posted its quarterly earnings data on Thursday, February 8th. The company reported $0.30 earnings per share 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 analysts' expectations of $1.34 billion. As a group, research analysts expect that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current year.

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.