Highland Capital Management LLC Purchases 362 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Highland Capital Management LLC raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,565 shares of the company’s stock after purchasing an additional 362 shares during the period. Highland Capital Management LLC’s holdings in Take-Two Interactive Software were worth $6,368,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Tectonic Advisors LLC boosted its holdings in Take-Two Interactive Software by 4.2% during the fourth quarter. Tectonic Advisors LLC now owns 1,712 shares of the company’s stock worth $276,000 after purchasing an additional 69 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of Take-Two Interactive Software by 349.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 115,699 shares of the company’s stock worth $18,622,000 after buying an additional 89,931 shares during the last quarter. Pacer Advisors Inc. raised its stake in Take-Two Interactive Software by 30.6% in the 4th quarter. Pacer Advisors Inc. now owns 13,174 shares of the company’s stock worth $2,120,000 after purchasing an additional 3,087 shares in the last quarter. FSC Wealth Advisors LLC acquired a new stake in Take-Two Interactive Software in the 4th quarter worth about $42,000. Finally, CVA Family Office LLC acquired a new stake in Take-Two Interactive Software in the 4th quarter worth about $25,000. Institutional investors own 95.46% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Bank of America cut shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and set a $170.00 target price for the company. in a research report on Thursday, December 7th. Wolfe Research started coverage on shares of Take-Two Interactive Software in a report on Tuesday, December 12th. They set an “outperform” rating and a $186.00 target price 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 note on Friday, February 9th. BMO Capital Markets began coverage on shares of Take-Two Interactive Software in a research note on Tuesday, January 9th. They issued an “outperform” rating and a $200.00 price objective on the stock. Finally, JPMorgan Chase & Co. dropped their target price on shares of 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. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and an average target price of $172.50.

Take-Two Interactive Software Price Performance

TTWO opened at $146.92 on Thursday. The firm has a market cap of $25.06 billion, a P/E ratio of -17.12, a PEG ratio of 6.83 and a beta of 0.75. The firm has a 50-day moving average of $154.36 and a 200 day moving average of $151.26. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.82 and a current ratio of 0.82. Take-Two Interactive Software, Inc. has a fifty-two week low of $114.84 and a fifty-two week high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its earnings results 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). Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. The business had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.34 billion. On average, research analysts expect that Take-Two Interactive Software, Inc. will post 0.8 EPS for the current year.

Insider Transactions at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 260 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $155.72, for a total value of $40,487.20. Following the sale, the director now directly owns 63,645 shares of the company’s stock, valued at $9,910,799.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Company 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.