Amalgamated Bank Sells 7,358 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Amalgamated Bank decreased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 17.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,647 shares of the company's stock after selling 7,358 shares during the quarter. Amalgamated Bank's holdings in Take-Two Interactive Software were worth $4,996,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cary Street Partners Investment Advisory LLC grew its holdings in 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 in the last quarter. CVA Family Office LLC bought a new stake in Take-Two Interactive Software during the fourth quarter worth $25,000. MCF Advisors LLC grew its holdings in Take-Two Interactive Software by 1,677.8% during the fourth quarter. MCF Advisors LLC now owns 160 shares of the company's stock worth $26,000 after buying an additional 151 shares in the last quarter. Wetzel Investment Advisors Inc. bought a new stake in Take-Two Interactive Software during the fourth quarter worth $26,000. Finally, Pin Oak Investment Advisors Inc. grew its holdings in Take-Two Interactive Software by 485.7% during the fourth quarter. Pin Oak Investment Advisors Inc. now owns 164 shares of the company's stock worth $26,000 after buying an additional 136 shares in the last quarter. Institutional investors own 95.46% of the company's stock.

Analyst Ratings Changes

Several research analysts have weighed in on TTWO shares. Benchmark reissued a "buy" rating and issued a $200.00 price objective on shares of Take-Two Interactive Software in a research report on Friday. JPMorgan Chase & Co. cut 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. Robert W. Baird cut their price objective on Take-Two Interactive Software from $173.00 to $172.00 and set an "outperform" rating on the stock in a research report on Monday. Roth Mkm cut their price objective on Take-Two Interactive Software from $185.00 to $180.00 and set a "buy" rating on the stock in a research report on Friday. Finally, Stifel Nicolaus reissued a "buy" rating and issued a $175.00 price objective on shares of Take-Two Interactive Software in a research report on Monday, April 1st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eighteen have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $176.13.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock traded up $0.52 during trading on Tuesday, hitting $151.42. 1,862,236 shares of the stock traded hands, compared to its average volume of 1,674,984. The company has a quick ratio of 0.82, a current ratio of 0.94 and a debt-to-equity ratio of 0.61. The stock has a market cap of $25.83 billion, a price-to-earnings ratio of -6.87, a PEG ratio of 1.29 and a beta of 0.75. The firm's fifty day moving average is $146.60 and its 200-day moving average is $153.04. Take-Two Interactive Software, Inc. has a 52 week low of $130.34 and a 52 week high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its quarterly earnings results on Thursday, May 16th. The company reported ($17.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($17.09). Take-Two Interactive Software had a positive return on equity of 2.19% and a negative net margin of 69.99%. The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the previous year, the business earned $0.47 earnings per share. Take-Two Interactive Software's revenue was down 3.2% compared to the same quarter last year. Research analysts expect that Take-Two Interactive Software, Inc. will post 4.26 EPS for the current fiscal year.

Insider Buying and Selling

In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of the 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 completion of the sale, the president now owns 87,286 shares in the company, valued at approximately $12,965,462.44. The transaction was disclosed in a document filed with the SEC, which is available at this link. 1.37% of the stock is owned by corporate insiders.

Take-Two Interactive Software 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.

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