Livforsakringsbolaget Skandia Omsesidigt Has $63,000 Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Livforsakringsbolaget Skandia Omsesidigt boosted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 95.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 390 shares of the company’s stock after buying an additional 190 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Take-Two Interactive Software were worth $63,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of TTWO. Capital World Investors acquired a new stake in Take-Two Interactive Software during the 1st quarter worth about $513,164,000. Norges Bank acquired a new position in shares of Take-Two Interactive Software in the 4th quarter valued at about $205,528,000. Schonfeld Strategic Advisors LLC increased its holdings in shares of Take-Two Interactive Software by 461.4% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 974,880 shares of the company’s stock valued at $101,514,000 after purchasing an additional 801,214 shares during the period. Nordea Investment Management AB increased its holdings in shares of Take-Two Interactive Software by 130.8% in the 3rd quarter. Nordea Investment Management AB now owns 653,346 shares of the company’s stock valued at $92,122,000 after purchasing an additional 370,229 shares during the period. Finally, Mariner LLC increased its holdings in shares of Take-Two Interactive Software by 223.2% in the 3rd quarter. Mariner LLC now owns 497,060 shares of the company’s stock valued at $69,783,000 after purchasing an additional 343,277 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

TTWO opened at $140.60 on Friday. Take-Two Interactive Software, Inc. has a 1-year low of $119.57 and a 1-year high of $171.59. 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 business has a 50 day moving average of $148.57 and a 200-day moving average of $152.08.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its earnings results on Thursday, February 8th. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.34 billion. Take-Two Interactive Software had a negative net margin of 26.90% and a positive return on equity of 3.03%. On average, equities analysts expect that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current fiscal year.

Insider Activity at Take-Two Interactive Software

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Stifel Nicolaus reiterated a “buy” rating and issued a $175.00 target price on shares of Take-Two Interactive Software in a report on Monday, April 1st. The Goldman Sachs Group upped their target price on Take-Two Interactive Software from $165.00 to $200.00 and gave the company a “buy” rating in a report on Friday, January 19th. Benchmark reissued a “buy” rating and issued a $200.00 price target on shares of Take-Two Interactive Software in a research note on Friday. Citigroup raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price target for the company from $170.00 to $200.00 in a research note on Monday, April 8th. Finally, Roth Mkm boosted their price target on Take-Two Interactive Software from $168.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, February 9th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $176.39.

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.