Raymond James Financial Services Advisors Inc. lifted its stake in Take-Two Interactive Software Inc (NASDAQ:TTWO) by 229.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,373 shares of the company’s stock after purchasing an additional 5,133 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Take-Two Interactive Software were worth $809,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Dupont Capital Management Corp acquired a new position in Take-Two Interactive Software during the third quarter worth about $102,000. JFS Wealth Advisors LLC acquired a new position in Take-Two Interactive Software during the fourth quarter worth about $110,000. Invictus RG raised its position in Take-Two Interactive Software by 1,188.8% during the third quarter. Invictus RG now owns 1,031 shares of the company’s stock worth $105,000 after acquiring an additional 951 shares during the last quarter. Cerebellum GP LLC acquired a new position in Take-Two Interactive Software during the fourth quarter worth about $133,000. Finally, Huntington National Bank raised its position in Take-Two Interactive Software by 75.0% during the fourth quarter. Huntington National Bank now owns 1,419 shares of the company’s stock worth $156,000 after acquiring an additional 608 shares during the last quarter. Hedge funds and other institutional investors own 91.31% of the company’s stock.
In related news, Director Michael Sheresky sold 428 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $108.11, for a total value of $46,271.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.55% of the stock is currently owned by insiders.
Take-Two Interactive Software Inc (TTWO) opened at $115.74 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.18 and a quick ratio of 1.17. The firm has a market cap of $13,200.00, a P/E ratio of 71.89, a PEG ratio of 3.12 and a beta of 0.96. Take-Two Interactive Software Inc has a 52-week low of $56.50 and a 52-week high of $129.25.
Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.34. Take-Two Interactive Software had a net margin of 9.43% and a return on equity of 27.78%. The business had revenue of $653.94 million during the quarter, compared to analyst estimates of $669.08 million. analysts forecast that Take-Two Interactive Software Inc will post 2.45 EPS for the current year.
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About Take-Two Interactive Software
Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.
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