Natixis Sells 38,663 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Natixis lessened its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 51.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 36,658 shares of the company’s stock after selling 38,663 shares during the period. Natixis’ holdings in Take-Two Interactive Software were worth $5,443,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Norges Bank acquired a new position in Take-Two Interactive Software in the 4th quarter valued at $350,811,000. Massachusetts Financial Services Co. MA grew its holdings in shares of Take-Two Interactive Software by 12.5% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,691,926 shares of the company’s stock worth $755,165,000 after purchasing an additional 521,456 shares in the last quarter. TD Asset Management Inc grew its holdings in shares of Take-Two Interactive Software by 269.8% during the 4th quarter. TD Asset Management Inc now owns 495,177 shares of the company’s stock worth $79,699,000 after purchasing an additional 361,273 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of Take-Two Interactive Software by 421.0% during the 4th quarter. Wellington Management Group LLP now owns 327,006 shares of the company’s stock worth $52,632,000 after purchasing an additional 264,244 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Take-Two Interactive Software by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 18,764,312 shares of the company’s stock worth $3,020,116,000 after purchasing an additional 259,149 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Insider Activity

In other news, Director Jon J. Moses sold 2,500 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the director now owns 21,981 shares in the company, valued at $3,324,626.25. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, Director Jon J. Moses sold 2,500 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the director now owns 21,981 shares in the company, valued at $3,324,626.25. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Michael Sheresky sold 218 shares of the business’s stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $167.12, for a total value of $36,432.16. Following the sale, the director now owns 64,173 shares of the company’s stock, valued at approximately $10,724,591.76. The disclosure for this sale can be found here. Corporate insiders own 1.37% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Stifel Nicolaus reissued a “buy” rating and set a $175.00 target price on shares of Take-Two Interactive Software in a report on Monday, April 1st. JPMorgan Chase & Co. increased their target price on Take-Two Interactive Software from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, June 6th. Oppenheimer reissued an “outperform” rating and set a $185.00 target price on shares of Take-Two Interactive Software in a report on Tuesday, April 23rd. Jefferies Financial Group raised their price objective on Take-Two Interactive Software from $175.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, July 11th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Friday, May 17th. One 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $178.96.

Take-Two Interactive Software Trading Up 0.0 %

Shares of TTWO stock opened at $150.33 on Friday. The company has a market cap of $25.76 billion, a P/E ratio of -6.84, a PEG ratio of 4.89 and a beta of 0.84. The stock has a 50 day simple moving average of $155.56 and a two-hundred day simple moving average of $153.14. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.94 and a current ratio of 0.94. Take-Two Interactive Software, Inc. has a fifty-two week low of $130.34 and a fifty-two week high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its 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 business had revenue of $1.35 billion during the quarter, compared to the consensus estimate 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 company’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.47 earnings per share. Research analysts forecast that Take-Two Interactive Software, Inc. will post 0.96 earnings per share 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.