One Madison Group LLC Acquires 25,000 Shares of Take-Two Interactive Software, Inc. $TTWO

One Madison Group LLC increased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 8.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 330,000 shares of the company’s stock after acquiring an additional 25,000 shares during the quarter. Take-Two Interactive Software comprises about 8.4% of One Madison Group LLC’s investment portfolio, making the stock its largest holding. One Madison Group LLC’s holdings in Take-Two Interactive Software were worth $80,140,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. ORG Partners LLC increased its holdings in shares of Take-Two Interactive Software by 115.7% during the second quarter. ORG Partners LLC now owns 110 shares of the company’s stock worth $26,000 after purchasing an additional 59 shares during the period. Blue Trust Inc. grew its position in Take-Two Interactive Software by 101.9% during the second quarter. Blue Trust Inc. now owns 105 shares of the company’s stock worth $26,000 after buying an additional 53 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in Take-Two Interactive Software during the 2nd quarter worth $27,000. 1 North Wealth Services LLC bought a new position in Take-Two Interactive Software during the 1st quarter worth $29,000. Finally, Game Plan Financial Advisors LLC acquired a new position in Take-Two Interactive Software in the first quarter valued at about $31,000. Institutional investors own 95.46% of the company’s stock.

Insider Activity at Take-Two Interactive Software

In related news, Director Ellen F. Siminoff sold 414 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $235.95, for a total value of $97,683.30. Following the completion of the sale, the director directly owned 2,716 shares in the company, valued at $640,840.20. This represents a 13.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Michael Sheresky sold 182 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $235.11, for a total value of $42,790.02. Following the transaction, the director directly owned 65,781 shares of the company’s stock, valued at approximately $15,465,770.91. This represents a 0.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 1,421 shares of company stock valued at $349,042. Corporate insiders own 1.34% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TTWO. BMO Capital Markets upped their price objective on shares of Take-Two Interactive Software from $252.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Benchmark lifted their target price on Take-Two Interactive Software from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, October 16th. Arete Research raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 target price for the company in a research note on Monday, December 1st. B. Riley assumed coverage on shares of Take-Two Interactive Software in a report on Wednesday. They issued a “buy” rating and a $300.00 target price for the company. Finally, UBS Group lowered shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating in a report on Tuesday, November 25th. Twenty investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $266.33.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $242.41 on Friday. The firm has a market capitalization of $44.79 billion, a price-to-earnings ratio of -10.73, a PEG ratio of 3.93 and a beta of 0.96. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.73. The business’s 50-day moving average price is $248.94 and its 200-day moving average price is $240.78. Take-Two Interactive Software, Inc. has a 12 month low of $177.35 and a 12 month high of $264.79.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Thursday, November 6th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.13. Take-Two Interactive Software had a positive return on equity of 12.49% and a negative net margin of 64.26%.The company had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the prior year, the firm posted ($2.08) earnings per share. The firm’s revenue was up 33.3% compared to the same quarter last year. Equities research analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Take-Two Interactive Software Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.