Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 14,929.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,388 shares of the company’s stock after acquiring an additional 45,086 shares during the period. International Assets Investment Management LLC’s holdings in Take-Two Interactive Software were worth $7,305,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of TTWO. Bleakley Financial Group LLC boosted its holdings in shares of Take-Two Interactive Software by 9.3% in the 4th quarter. Bleakley Financial Group LLC now owns 6,731 shares of the company’s stock valued at $1,083,000 after purchasing an additional 575 shares during the last quarter. Meeder Advisory Services Inc. acquired a new position in shares of Take-Two Interactive Software in the 4th quarter valued at about $223,000. Zweig DiMenna Associates LLC purchased a new stake in shares of Take-Two Interactive Software during the 4th quarter worth about $10,542,000. Nisa Investment Advisors LLC increased its position in Take-Two Interactive Software by 2.4% during the 4th quarter. Nisa Investment Advisors LLC now owns 40,886 shares of the company’s stock worth $6,581,000 after purchasing an additional 941 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in Take-Two Interactive Software by 31.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 593,335 shares of the company’s stock valued at $95,648,000 after buying an additional 142,659 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Take-Two Interactive Software

In other news, President Karl Slatoff sold 90,851 shares of the business’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 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, Director Michael Sheresky sold 260 shares of Take-Two Interactive Software 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 transaction, the director now directly owns 63,645 shares in the company, valued at approximately $9,910,799.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, President Karl Slatoff sold 90,851 shares of the business’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 sale, 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. 1.37% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. BMO Capital Markets started coverage on shares of Take-Two Interactive Software in a research report on Tuesday, January 9th. They issued an “outperform” rating and a $200.00 price objective for the company. Benchmark restated a “buy” rating and set a $200.00 price objective on shares of Take-Two Interactive Software in a research note on Friday, April 19th. Oppenheimer reaffirmed an “outperform” rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a research report on Tuesday, April 23rd. Wedbush reissued an “outperform” rating and set a $190.00 price target on shares of Take-Two Interactive Software in a research report on Thursday, May 2nd. Finally, Stifel Nicolaus restated a “buy” rating and issued a $175.00 price target on shares of Take-Two Interactive Software in a report on Monday, April 1st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $177.61.

Take-Two Interactive Software Trading Up 1.7 %

Shares of NASDAQ TTWO opened at $148.34 on Tuesday. Take-Two Interactive Software, Inc. has a 12-month low of $121.72 and a 12-month high of $171.59. The company has a market cap of $25.31 billion, a price-to-earnings ratio of -17.29, a price-to-earnings-growth ratio of 1.21 and a beta of 0.75. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.32. The stock’s 50 day simple moving average is $146.50 and its 200 day simple moving average is $152.28.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its earnings results on Thursday, February 8th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). The company 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%. Equities research analysts expect that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current year.

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.