Capital International Inc. CA Sells 25,057 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Capital International Inc. CA cut its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 17.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 114,797 shares of the company’s stock after selling 25,057 shares during the period. Capital International Inc. CA owned about 0.07% of Take-Two Interactive Software worth $17,046,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Advisors Asset Management Inc. boosted its position in Take-Two Interactive Software by 15.1% in the 1st quarter. Advisors Asset Management Inc. now owns 945 shares of the company’s stock valued at $140,000 after buying an additional 124 shares during the period. Meritage Group LP purchased a new stake in Take-Two Interactive Software in the 1st quarter valued at about $244,000. CANADA LIFE ASSURANCE Co boosted its position in Take-Two Interactive Software by 1.1% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 209,370 shares of the company’s stock valued at $31,129,000 after buying an additional 2,298 shares during the period. Bessemer Group Inc. lifted its position in shares of Take-Two Interactive Software by 14.5% in the 1st quarter. Bessemer Group Inc. now owns 2,003,052 shares of the company’s stock worth $297,434,000 after purchasing an additional 254,391 shares during the period. Finally, UniSuper Management Pty Ltd lifted its position in shares of Take-Two Interactive Software by 106.5% in the 1st quarter. UniSuper Management Pty Ltd now owns 90,960 shares of the company’s stock worth $13,507,000 after purchasing an additional 46,906 shares during the period. 95.46% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Michael Sheresky sold 218 shares of the firm’s stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $167.12, for a total transaction of $36,432.16. Following the transaction, the director now directly owns 64,173 shares in the company, valued at $10,724,591.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Jon J. Moses sold 2,500 shares of the firm’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $151.25, for a total transaction of $378,125.00. Following the transaction, the director now directly owns 21,981 shares in the company, valued at $3,324,626.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael Sheresky sold 218 shares of the firm’s stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $167.12, for a total value of $36,432.16. Following the transaction, the director now owns 64,173 shares in the company, valued at $10,724,591.76. The disclosure for this sale can be found here. Company insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Stock Up 0.3 %

NASDAQ TTWO traded up $0.44 on Friday, reaching $150.75. The company had a trading volume of 1,358,940 shares, compared to its average volume of 1,649,677. The firm has a market capitalization of $25.83 billion, a PE ratio of -6.86, a P/E/G ratio of 4.89 and a beta of 0.84. Take-Two Interactive Software, Inc. has a 1 year low of $130.34 and a 1 year high of $171.59. The firm has a 50-day moving average of $155.62 and a 200-day moving average of $153.08. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.94 and a quick ratio of 0.94.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Thursday, May 16th. The company reported ($17.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($17.09). The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Take-Two Interactive Software had a positive return on equity of 2.19% and a negative net margin of 69.99%. The firm’s revenue was down 3.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.47 EPS. On average, equities research analysts anticipate that Take-Two Interactive Software, Inc. will post 0.96 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Bank of America upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and upped their price target for the company from $160.00 to $185.00 in a research note on Thursday, May 23rd. Morgan Stanley upped their price target on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Tuesday. Robert W. Baird dropped their price objective on shares of Take-Two Interactive Software from $173.00 to $172.00 and set an “outperform” rating on the stock in a report on Monday, May 20th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $175.00 price objective on shares of Take-Two Interactive Software in a report on Monday, April 1st. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $185.00 price objective on shares of Take-Two Interactive Software in a report on Tuesday, April 23rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $178.96.

About Take-Two Interactive Software

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.