Raymond James & Associates lifted its holdings in shares of Take-Two Interactive Software Inc (NASDAQ:TTWO) by 6.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,983 shares of the company’s stock after purchasing an additional 1,981 shares during the period. Raymond James & Associates’ holdings in Take-Two Interactive Software were worth $3,621,000 at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in TTWO. California State Teachers Retirement System boosted its holdings in Take-Two Interactive Software by 8.8% in the fourth quarter. California State Teachers Retirement System now owns 182,737 shares of the company’s stock worth $20,061,000 after acquiring an additional 14,745 shares in the last quarter. Morgens Waterfall Vintiadis & Co. Inc. boosted its holdings in Take-Two Interactive Software by 7.1% in the fourth quarter. Morgens Waterfall Vintiadis & Co. Inc. now owns 59,430 shares of the company’s stock worth $6,524,000 after acquiring an additional 3,930 shares in the last quarter. Hunt Lane Capital LP bought a new position in Take-Two Interactive Software in the fourth quarter worth approximately $32,824,000. Advisor Group Inc. boosted its holdings in Take-Two Interactive Software by 38.5% in the fourth quarter. Advisor Group Inc. now owns 4,939 shares of the company’s stock worth $541,000 after acquiring an additional 1,373 shares in the last quarter. Finally, Force Capital Management LLC boosted its holdings in Take-Two Interactive Software by 3.9% in the fourth quarter. Force Capital Management LLC now owns 26,929 shares of the company’s stock worth $2,956,000 after acquiring an additional 1,000 shares in the last quarter. Institutional investors own 91.27% of the company’s stock.
Shares of TTWO opened at $98.63 on Friday. 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 company has a market cap of $10,966.22, a P/E ratio of 51.64, a price-to-earnings-growth ratio of 1.49 and a beta of 1.04. Take-Two Interactive Software Inc has a 12 month low of $57.36 and a 12 month high of $129.25.
In related news, CEO Strauss Zelnick sold 252,197 shares of the stock in a transaction that occurred on Wednesday, April 4th. The stock was sold at an average price of $95.63, for a total transaction of $24,117,599.11. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Karl Slatoff sold 227,671 shares of the stock in a transaction that occurred on Monday, April 2nd. The shares were sold at an average price of $95.75, for a total value of $21,799,498.25. The disclosure for this sale can be found here. Insiders have sold 492,559 shares of company stock valued at $47,115,477 over the last ninety days. 1.55% of the stock is currently owned by company insiders.
Several research analysts have issued reports on TTWO shares. BidaskClub upgraded Take-Two Interactive Software from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 13th. KeyCorp reiterated a “buy” rating on shares of Take-Two Interactive Software in a report on Tuesday, December 19th. BTIG Research initiated coverage on Take-Two Interactive Software in a report on Monday, December 18th. They issued a “buy” rating and a $142.00 price target on the stock. Barclays restated an “overweight” rating and issued a $128.00 target price (up previously from $121.00) on shares of Take-Two Interactive Software in a report on Thursday, February 8th. Finally, Credit Suisse Group restated a “hold” rating and issued a $116.00 target price on shares of Take-Two Interactive Software in a report on Thursday, December 7th. One analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have issued a buy rating to the company’s stock. Take-Two Interactive Software has a consensus rating of “Buy” and an average price target of $123.48.
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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