Motley Fool Asset Management LLC Sells 101 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Motley Fool Asset Management LLC cut its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,655 shares of the company’s stock after selling 101 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Take-Two Interactive Software were worth $394,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ORG Partners LLC increased its stake in shares of 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 increased its stake in shares of Take-Two Interactive Software by 1,677.8% during the 4th quarter. MCF Advisors LLC now owns 160 shares of the company’s stock worth $26,000 after purchasing an additional 151 shares during the last quarter. Wetzel Investment Advisors Inc. acquired a new position in shares of Take-Two Interactive Software during the 4th quarter worth about $26,000. Pin Oak Investment Advisors Inc. increased its stake in shares of Take-Two Interactive Software by 485.7% during the 4th quarter. Pin Oak Investment Advisors Inc. now owns 164 shares of the company’s stock worth $26,000 after purchasing an additional 136 shares during the last quarter. Finally, Connectus Wealth LLC increased its stake in shares of Take-Two Interactive Software by 903.8% during the 4th quarter. Connectus Wealth LLC now owns 192,484 shares of the company’s stock worth $31,000 after purchasing an additional 173,308 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on TTWO. JPMorgan Chase & Co. upped their price target on shares of Take-Two Interactive Software from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, June 6th. HSBC lowered shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating and set a $154.00 price target on the stock. in a research note on Friday, May 17th. BMO Capital Markets reiterated an “outperform” rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a research note on Tuesday. Benchmark reiterated a “buy” rating and issued a $200.00 price target on shares of Take-Two Interactive Software in a research note on Friday, May 17th. Finally, Robert W. Baird decreased their price target on shares of Take-Two Interactive Software from $173.00 to $172.00 and set an “outperform” rating on the stock in a research note on Monday, May 20th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nineteen have given a buy rating to the company. Based on data from MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and an average target price of $178.30.

Insider Activity at Take-Two Interactive Software

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

Take-Two Interactive Software Price Performance

NASDAQ:TTWO traded up $0.53 on Wednesday, hitting $150.53. The company had a trading volume of 1,590,366 shares, compared to its average volume of 1,644,985. The stock has a market capitalization of $26.38 billion, a price-to-earnings ratio of -6.85, a PEG ratio of 4.94 and a beta of 0.84. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.54. The firm has a 50 day moving average of $155.58 and a two-hundred day moving average of $152.82. Take-Two Interactive Software, Inc. has a 52 week low of $130.34 and a 52 week high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings data on Thursday, May 16th. The company reported ($17.02) EPS 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 the consensus estimate of $1.31 billion. Take-Two Interactive Software had a negative net margin of 69.99% and a positive return on equity of 2.19%. Take-Two Interactive Software’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.47 EPS. On average, research analysts anticipate that Take-Two Interactive Software, Inc. will post 0.94 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.