Roundview Capital LLC Takes Position in Take-Two Interactive Software, Inc. $TTWO

Roundview Capital LLC purchased a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, Holdings Channel reports. The fund purchased 4,890 shares of the company’s stock, valued at approximately $1,252,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. LBP AM SA lifted its holdings in Take-Two Interactive Software by 298.2% in the 4th quarter. LBP AM SA now owns 64,611 shares of the company’s stock worth $16,542,000 after purchasing an additional 48,384 shares during the last quarter. AGF Management Ltd. lifted its holdings in Take-Two Interactive Software by 33.1% in the 3rd quarter. AGF Management Ltd. now owns 72,828 shares of the company’s stock worth $18,816,000 after purchasing an additional 18,119 shares during the last quarter. Compass Wealth Management LLC acquired a new stake in Take-Two Interactive Software in the 3rd quarter worth approximately $3,419,000. M&G PLC acquired a new stake in Take-Two Interactive Software in the 3rd quarter worth approximately $12,465,000. Finally, Swedbank AB lifted its holdings in Take-Two Interactive Software by 7.6% in the 4th quarter. Swedbank AB now owns 134,638 shares of the company’s stock worth $34,471,000 after purchasing an additional 9,556 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.

Insider Activity at Take-Two Interactive Software

In other news, Director Michael Dornemann sold 1,390 shares of the firm’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $213.09, for a total value of $296,195.10. Following the sale, the director owned 21,525 shares in the company, valued at approximately $4,586,762.25. This trade represents a 6.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Strauss Zelnick sold 7,946 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $214.16, for a total transaction of $1,701,715.36. Following the completion of the sale, the chief executive officer owned 170,756 shares in the company, valued at approximately $36,569,104.96. The trade was a 4.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 63,026 shares of company stock worth $13,503,428. Insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Trading Down 1.0%

Shares of Take-Two Interactive Software stock opened at $218.46 on Thursday. The company’s fifty day simple moving average is $212.74 and its 200-day simple moving average is $225.01. The company has a market cap of $40.45 billion, a price-to-earnings ratio of -134.85, a PEG ratio of 3.37 and a beta of 0.97. The company has a current ratio of 1.24, a quick ratio of 1.14 and a debt-to-equity ratio of 0.71. Take-Two Interactive Software, Inc. has a 1 year low of $187.63 and a 1 year high of $264.79.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Wells Fargo & Company reduced their target price on Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating for the company in a report on Friday, May 22nd. Raymond James Financial upgraded Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 target price for the company in a report on Tuesday, February 10th. DA Davidson restated a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a report on Wednesday, February 4th. Benchmark restated a “buy” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. Finally, UBS Group upped their price target on shares of Take-Two Interactive Software from $292.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus price target of $287.53.

Take-Two Interactive Software Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.