Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Purchased by Sumitomo Mitsui Trust Holdings Inc.

Sumitomo Mitsui Trust Holdings Inc. increased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 421,485 shares of the company’s stock after purchasing an additional 9,724 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc.’s holdings in Take-Two Interactive Software were worth $67,838,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Freedom Day Solutions LLC increased its position in shares of Take-Two Interactive Software by 8.8% during the 4th quarter. Freedom Day Solutions LLC now owns 14,643 shares of the company’s stock worth $2,357,000 after purchasing an additional 1,190 shares during the last quarter. Louisiana State Employees Retirement System acquired a new position in Take-Two Interactive Software in the 4th quarter valued at about $3,718,000. WCM Investment Management LLC acquired a new position in Take-Two Interactive Software in the 4th quarter valued at about $1,227,000. Simplicity Solutions LLC grew its position in Take-Two Interactive Software by 8.9% in the 4th quarter. Simplicity Solutions LLC now owns 6,706 shares of the company’s stock valued at $1,079,000 after acquiring an additional 550 shares in the last quarter. Finally, Highview Capital Management LLC DE acquired a new position in Take-Two Interactive Software in the 4th quarter valued at about $687,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on TTWO shares. Wedbush reaffirmed an “outperform” rating and issued a $190.00 target price on shares of Take-Two Interactive Software in a research report on Wednesday. Stifel Nicolaus reiterated a “buy” rating and issued a $175.00 price objective on shares of Take-Two Interactive Software in a research note on Monday, April 1st. JPMorgan Chase & Co. decreased their price objective on Take-Two Interactive Software from $188.00 to $180.00 and set an “overweight” rating for the company in a research note on Friday, February 9th. Wells Fargo & Company lifted their price objective on Take-Two Interactive Software from $170.00 to $193.00 and gave the company an “overweight” rating in a research note on Thursday, February 1st. Finally, Roth Mkm lifted their price objective 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 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 data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $176.39.

Take-Two Interactive Software Trading Down 1.6 %

Shares of NASDAQ TTWO opened at $143.16 on Thursday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.32. Take-Two Interactive Software, Inc. has a twelve month low of $119.57 and a twelve month high of $171.59. The stock has a 50 day moving average of $149.44 and a two-hundred day moving average of $152.15.

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). Take-Two Interactive Software had a negative net margin of 26.90% and a positive return on equity of 3.03%. The firm had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.34 billion. On average, research analysts expect that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current fiscal year.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 260 shares of the business’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 completion of the sale, the director now owns 63,645 shares in the company, valued at $9,910,799.40. The sale was disclosed in a document filed with the SEC, which is available through this link. 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 value of $13,495,007.54. Following the transaction, the president now owns 87,286 shares of the company’s stock, valued at $12,965,462.44. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Michael Sheresky sold 260 shares of the business’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 completion of the transaction, the director now directly owns 63,645 shares in the company, valued at approximately $9,910,799.40. The disclosure for this sale can be found here. 1.37% of the stock is owned by company insiders.

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.