Bank Julius Baer & Co. Ltd Zurich Sells 7,856 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Bank Julius Baer & Co. Ltd Zurich lowered its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 95.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 405 shares of the company’s stock after selling 7,856 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in Take-Two Interactive Software were worth $65,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. CVA Family Office LLC bought a new position in shares of Take-Two Interactive Software during the 4th quarter valued at approximately $25,000. MCF Advisors LLC increased its position in shares of Take-Two Interactive Software by 1,677.8% during the 4th quarter. MCF Advisors LLC now owns 160 shares of the company’s stock valued at $26,000 after purchasing an additional 151 shares during the last quarter. Wetzel Investment Advisors Inc. bought a new position in shares of Take-Two Interactive Software during the 4th quarter valued at approximately $26,000. Cary Street Partners Investment Advisory LLC increased its position in shares of Take-Two Interactive Software by 110.7% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 177 shares of the company’s stock valued at $25,000 after purchasing an additional 93 shares during the last quarter. Finally, NBC Securities Inc. bought a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at approximately $27,000. Institutional investors own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on TTWO. Wells Fargo & Company upped their price objective on Take-Two Interactive Software from $170.00 to $193.00 and gave the company an “overweight” rating in a research report on Thursday, February 1st. Moffett Nathanson downgraded Take-Two Interactive Software from a “buy” rating to a “neutral” rating and cut their price objective for the company from $169.00 to $167.00 in a research report on Monday, February 5th. BMO Capital Markets began coverage on Take-Two Interactive Software in a research report on Tuesday, January 9th. They issued an “outperform” rating and a $200.00 price objective on the stock. Wedbush reaffirmed an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a research report on Wednesday, April 17th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $185.00 price objective on shares of Take-Two Interactive Software in a research report on Tuesday, April 23rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eighteen have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $177.61.

Take-Two Interactive Software Trading Up 0.7 %

Shares of NASDAQ TTWO opened at $144.47 on Monday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.82 and a quick ratio of 0.82. The stock has a market capitalization of $24.65 billion, a P/E ratio of -16.84, a price-to-earnings-growth ratio of 1.20 and a beta of 0.74. Take-Two Interactive Software, Inc. has a 1-year low of $119.57 and a 1-year high of $171.59. The business has a fifty day moving average price of $147.33 and a 200 day moving average price of $152.26.

Take-Two Interactive Software (NASDAQ:TTWO) last issued 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). The company had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. Equities research analysts expect that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Michael Sheresky sold 260 shares of the company’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $155.72, for a total transaction of $40,487.20. Following the completion of the sale, the director now directly owns 63,645 shares in the company, valued at approximately $9,910,799.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Michael Sheresky sold 260 shares of the company’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $155.72, for a total transaction of $40,487.20. Following the transaction, the director now directly owns 63,645 shares of the company’s stock, valued at approximately $9,910,799.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, President Karl Slatoff sold 90,851 shares of the company’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $148.54, for a total value of $13,495,007.54. Following the transaction, the president now directly owns 87,286 shares in the company, valued at $12,965,462.44. The disclosure for this sale can be found here. 1.37% of the stock is currently owned by company 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.