California Public Employees Retirement System Grows Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

California Public Employees Retirement System grew its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 304,294 shares of the company’s stock after buying an additional 3,148 shares during the quarter. California Public Employees Retirement System owned 0.18% of Take-Two Interactive Software worth $48,976,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC lifted its position in shares of Take-Two Interactive Software by 110.7% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 177 shares of the company’s stock worth $25,000 after purchasing an additional 93 shares in the last quarter. CVA Family Office LLC acquired a new position in shares of Take-Two Interactive Software during the fourth quarter worth $25,000. MCF Advisors LLC lifted its position in shares of Take-Two Interactive Software by 1,677.8% during the fourth quarter. MCF Advisors LLC now owns 160 shares of the company’s stock worth $26,000 after purchasing an additional 151 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new position in shares of Take-Two Interactive Software during the fourth quarter worth $26,000. Finally, NBC Securities Inc. acquired a new position in shares of Take-Two Interactive Software during the third quarter worth $27,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Up 0.4 %

Take-Two Interactive Software stock opened at $143.43 on Friday. The company has a 50-day simple moving average of $147.50 and a 200-day simple moving average of $152.15. The firm has a market capitalization of $24.47 billion, a P/E ratio of -16.72, a P/E/G ratio of 1.19 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. Take-Two Interactive Software, Inc. has a one year low of $119.57 and a one year high of $171.59.

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

Insider Transactions at Take-Two Interactive Software

In other news, President Karl Slatoff sold 90,851 shares of the company’s stock in a transaction dated Friday, April 12th. The shares were 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 owns 87,286 shares in the company, valued at $12,965,462.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Michael Sheresky sold 260 shares of the stock in a transaction dated 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 owns 63,645 shares in the company, valued at approximately $9,910,799.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, President Karl Slatoff sold 90,851 shares of the company’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the completion of the sale, the president now directly owns 87,286 shares of the company’s stock, valued at $12,965,462.44. The disclosure for this sale can be found here. Insiders own 1.37% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Citigroup raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $170.00 to $200.00 in a research report on Monday, April 8th. Jefferies Financial Group began coverage on shares of Take-Two Interactive Software in a research report on Monday, April 1st. They set a “buy” rating and a $195.00 target price on the stock. Wedbush reaffirmed an “outperform” rating and issued a $190.00 price target on shares of Take-Two Interactive Software in a report on Wednesday, April 17th. The Goldman Sachs Group upped their price target on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the company a “buy” rating in a report on Friday, January 19th. Finally, BMO Capital Markets began coverage on shares of Take-Two Interactive Software in a report on Tuesday, January 9th. They issued an “outperform” rating and a $200.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $177.61.

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.