Guggenheim Capital LLC Sells 164,046 Shares of Take-Two Interactive Software Inc (TTWO)

Guggenheim Capital LLC reduced its stake in shares of Take-Two Interactive Software Inc (NASDAQ:TTWO) by 83.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,430 shares of the company’s stock after selling 164,046 shares during the quarter. Guggenheim Capital LLC’s holdings in Take-Two Interactive Software were worth $3,669,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Nisa Investment Advisors LLC raised its position in Take-Two Interactive Software by 109.0% during the fourth quarter. Nisa Investment Advisors LLC now owns 43,369 shares of the company’s stock valued at $4,761,000 after acquiring an additional 22,620 shares in the last quarter. AMP Capital Investors Ltd purchased a new position in Take-Two Interactive Software during the fourth quarter valued at approximately $3,794,000. Atlantic Trust Group LLC purchased a new position in Take-Two Interactive Software during the third quarter valued at approximately $2,456,000. Bank of Montreal Can raised its position in Take-Two Interactive Software by 0.7% during the fourth quarter. Bank of Montreal Can now owns 343,324 shares of the company’s stock valued at $37,689,000 after acquiring an additional 2,416 shares in the last quarter. Finally, American International Group Inc. raised its position in Take-Two Interactive Software by 11.4% during the fourth quarter. American International Group Inc. now owns 242,686 shares of the company’s stock valued at $26,642,000 after acquiring an additional 24,752 shares in the last quarter. Institutional investors own 91.27% of the company’s stock.

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Shares of NASDAQ:TTWO opened at $98.63 on Friday. The company has a current ratio of 1.18, a quick ratio of 1.17 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $10,966.22, a PE ratio of 51.64, a PEG ratio of 1.49 and a beta of 1.04. Take-Two Interactive Software Inc has a 1 year low of $57.36 and a 1 year high of $129.25.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings results on Wednesday, February 7th. The company reported $1.18 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.84 by $0.34. The firm had revenue of $653.94 million for the quarter, compared to analyst estimates of $669.08 million. Take-Two Interactive Software had a return on equity of 27.78% and a net margin of 9.43%. research analysts anticipate that Take-Two Interactive Software Inc will post 2.45 EPS for the current fiscal year.

Several brokerages recently weighed in on TTWO. BidaskClub cut Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Friday, March 30th. TheStreet raised Take-Two Interactive Software from a “c+” rating to a “b” rating in a report on Wednesday, February 7th. Hilliard Lyons raised Take-Two Interactive Software from an “underperform” rating to a “neutral” rating in a report on Friday, February 9th. Morgan Stanley reissued an “overweight” rating and issued a $148.00 price objective (down from $150.00) on shares of Take-Two Interactive Software in a report on Thursday, February 8th. Finally, Credit Suisse Group raised their price objective on Take-Two Interactive Software from $125.00 to $128.00 and gave the company a “neutral” rating in a report on Thursday, February 8th. One research analyst has rated the stock with a sell rating, six have given a hold rating and eighteen have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $123.48.

In other news, CEO Strauss Zelnick sold 252,197 shares of Take-Two Interactive Software stock in a transaction that occurred on Wednesday, April 4th. The stock was sold at an average price of $95.63, for a total value of $24,117,599.11. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, President Karl Slatoff sold 227,671 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, April 2nd. The stock was 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 sold 492,559 shares of company stock worth $47,115,477 over the last ninety days. Corporate insiders own 1.55% of the company’s stock.

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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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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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