Mackenzie Financial Corp Has $4.25 Million Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Mackenzie Financial Corp reduced its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 7.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,376 shares of the company’s stock after selling 2,058 shares during the period. Mackenzie Financial Corp’s holdings in Take-Two Interactive Software were worth $4,245,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on TTWO. Roth Mkm increased their target price on shares of Take-Two Interactive Software from $168.00 to $185.00 and gave the stock a “buy” rating in a report on Friday, February 9th. Wedbush reiterated an “outperform” rating and issued a $190.00 target price on shares of Take-Two Interactive Software in a report on Wednesday, April 17th. Wells Fargo & Company increased their target price on shares of Take-Two Interactive Software from $170.00 to $193.00 and gave the stock an “overweight” rating in a report on Thursday, February 1st. The Goldman Sachs Group raised their price objective on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, January 19th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Take-Two Interactive Software from $188.00 to $180.00 and set an “overweight” rating on the stock in a report on Friday, February 9th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eighteen have issued a buy rating to the company. According to data from MarketBeat, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and an average target price of $176.39.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of the company’s stock in a transaction that occurred 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 sale, the president now 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 available through this link. In other news, Director Michael Sheresky sold 260 shares of the company’s stock in a transaction that occurred 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, President Karl Slatoff sold 90,851 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the president now directly owns 87,286 shares in the company, valued at approximately $12,965,462.44. The disclosure for this sale can be found here. Corporate insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Stock Performance

TTWO opened at $140.60 on Monday. Take-Two Interactive Software, Inc. has a 52-week low of $119.57 and a 52-week high of $171.59. The firm has a market capitalization of $23.98 billion, a PE ratio of -16.39, a PEG ratio of 1.20 and a beta of 0.74. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.82 and a current ratio of 0.82. The business’s 50-day simple moving average is $148.57 and its 200 day simple moving average is $152.27.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Thursday, February 8th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.02). The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate 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%. As a group, sell-side analysts expect that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current fiscal year.

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.