Brown Brothers Harriman & Co. Buys 30,416 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Brown Brothers Harriman & Co. increased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 21.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 171,093 shares of the company’s stock after buying an additional 30,416 shares during the period. Brown Brothers Harriman & Co. owned about 0.10% of Take-Two Interactive Software worth $26,603,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in TTWO. Pin Oak Investment Advisors Inc. boosted its position in 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 valued at $26,000 after purchasing an additional 136 shares in the last quarter. ORG Partners LLC grew its stake 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 buying an additional 166 shares during the last quarter. Crewe Advisors LLC raised its stake in Take-Two Interactive Software by 297.9% in the second quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after buying an additional 143 shares during the last quarter. UMB Bank n.a. increased its holdings in shares of Take-Two Interactive Software by 155.1% during the second quarter. UMB Bank n.a. now owns 199 shares of the company’s stock valued at $31,000 after acquiring an additional 121 shares in the last quarter. Finally, HHM Wealth Advisors LLC acquired a new stake in Take-Two Interactive Software in the 2nd quarter worth approximately $37,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 191 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $149.83, for a total transaction of $28,617.53. Following the transaction, the director now directly owns 64,378 shares in the company, valued at approximately $9,645,755.74. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.37% of the stock is owned by insiders.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $152.18 on Monday. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.90 and a quick ratio of 0.90. Take-Two Interactive Software, Inc. has a 1-year low of $130.34 and a 1-year high of $171.59. The company has a market cap of $26.08 billion, a PE ratio of -6.92, a price-to-earnings-growth ratio of 4.57 and a beta of 0.86. The stock’s 50 day simple moving average is $151.73 and its 200-day simple moving average is $151.01.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.09. The company had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.24 billion. Take-Two Interactive Software had a negative net margin of 70.33% and a positive return on equity of 1.74%. As a group, equities research analysts anticipate that Take-Two Interactive Software, Inc. will post 1.03 EPS for the current fiscal year.

Analyst Ratings Changes

TTWO has been the subject of several research reports. Wedbush reiterated an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Morgan Stanley lifted their price target on Take-Two Interactive Software from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 23rd. JPMorgan Chase & Co. increased their price objective on Take-Two Interactive Software from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, June 6th. Benchmark boosted their target price on shares of Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, August 21st. Finally, Redburn Atlantic assumed coverage on Take-Two Interactive Software in a report on Thursday, August 29th. They set a “buy” rating and a $194.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $183.55.

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.