Gamco Investors INC. ET AL Grows Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Gamco Investors INC. ET AL grew its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 60,564 shares of the company’s stock after purchasing an additional 806 shares during the period. Gamco Investors INC. ET AL’s holdings in Take-Two Interactive Software were worth $8,993,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in TTWO. CVA Family Office LLC acquired a new position in shares of Take-Two Interactive Software in the fourth quarter worth about $25,000. ORG Partners LLC increased its holdings in Take-Two Interactive Software by 5,533.3% during the 1st quarter. ORG Partners LLC now owns 169 shares of the company’s stock worth $25,000 after purchasing an additional 166 shares during the last quarter. MCF Advisors LLC raised its position in shares of Take-Two Interactive Software by 1,677.8% in the 4th quarter. MCF Advisors LLC now owns 160 shares of the company’s stock valued at $26,000 after purchasing an additional 151 shares in the last quarter. Wetzel Investment Advisors Inc. purchased a new position in shares of Take-Two Interactive Software during the 4th quarter valued at approximately $26,000. Finally, Pin Oak Investment Advisors Inc. grew its position in shares of Take-Two Interactive Software by 485.7% during the fourth quarter. Pin Oak Investment Advisors Inc. now owns 164 shares of the company’s stock worth $26,000 after buying an additional 136 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Michael Sheresky sold 218 shares of the business’s stock in a transaction that occurred 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 sale, the director now owns 64,173 shares of the company’s stock, valued at $10,724,591.76. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, Director Michael Sheresky sold 218 shares of the business’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 sale, the director now owns 64,173 shares of the company’s stock, valued at approximately $10,724,591.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jon J. Moses sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $151.25, for a total transaction of $378,125.00. Following the transaction, the director now owns 21,981 shares of the company’s stock, valued at approximately $3,324,626.25. The disclosure for this sale can be found here. Insiders own 1.37% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on TTWO shares. Bank of America upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and increased their price objective for the company from $160.00 to $185.00 in a research note on Thursday, May 23rd. Stifel Nicolaus reiterated a “buy” rating and issued a $175.00 price target on shares of Take-Two Interactive Software in a research note on Monday, April 1st. Wedbush restated an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Friday, May 17th. Jefferies Financial Group lifted their target price on Take-Two Interactive Software from $175.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday, July 11th. Finally, Benchmark reissued a “buy” rating and set a $200.00 price target on shares of Take-Two Interactive Software in a research report 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. According to data from MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and a consensus price target of $178.96.

Take-Two Interactive Software Stock Performance

TTWO stock traded up $0.44 during trading on Friday, reaching $150.75. 1,359,025 shares of the company’s stock were exchanged, compared to its average volume of 1,378,057. 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 market cap of $25.83 billion, a PE ratio of -6.86, a P/E/G ratio of 4.82 and a beta of 0.84. The company’s fifty day moving average price is $155.62 and its 200-day moving average price is $153.04. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.54.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data on Thursday, May 16th. The company reported ($17.02) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($17.09). The company had revenue of $1.35 billion during the quarter, compared to analyst estimates 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 business’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.47 EPS. On average, research analysts expect that Take-Two Interactive Software, Inc. will post 1.15 EPS for the current fiscal 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.