Take-Two Interactive Software, Inc. $TTWO Shares Bought by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. grew its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 46.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,749 shares of the company’s stock after purchasing an additional 7,503 shares during the period. Landscape Capital Management L.L.C.’s holdings in Take-Two Interactive Software were worth $6,080,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TTWO. MCF Advisors LLC acquired a new position in Take-Two Interactive Software during the 4th quarter worth approximately $25,000. GHP Investment Advisors Inc. acquired a new position in Take-Two Interactive Software during the 4th quarter worth approximately $28,000. Rachor Investment Advisory Services LLC acquired a new position in Take-Two Interactive Software during the 4th quarter worth approximately $34,000. True Wealth Design LLC increased its position in Take-Two Interactive Software by 91.9% during the 4th quarter. True Wealth Design LLC now owns 142 shares of the company’s stock worth $36,000 after purchasing an additional 68 shares during the period. Finally, AlphaQuest LLC acquired a new position in Take-Two Interactive Software during the 3rd quarter worth approximately $41,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 21,102 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $219.61, for a total transaction of $4,634,210.22. Following the transaction, the insider owned 131,668 shares of the company’s stock, valued at $28,915,609.48. This represents a 13.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Strauss Zelnick sold 208,969 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $227.34, for a total value of $47,507,012.46. Following the transaction, the chief executive officer directly owned 1,006,021 shares in the company, valued at approximately $228,708,814.14. This represents a 17.20% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 560,588 shares of company stock worth $126,322,522. Company insiders own 1.34% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on TTWO shares. Wedbush reiterated an “outperform” rating and set a $300.00 target price on shares of Take-Two Interactive Software in a research report on Tuesday, March 3rd. Wells Fargo & Company lowered their price target on Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating on the stock in a report on Friday, May 22nd. Piper Sandler restated a “neutral” rating on shares of Take-Two Interactive Software in a report on Tuesday. Benchmark restated a “buy” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. Finally, BMO Capital Markets restated an “outperform” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $287.06.

Take-Two Interactive Software Trading Down 0.2%

Shares of Take-Two Interactive Software stock opened at $211.75 on Friday. Take-Two Interactive Software, Inc. has a fifty-two week low of $187.63 and a fifty-two week high of $264.79. The firm has a market cap of $39.32 billion, a PE ratio of -130.71, a P/E/G ratio of 4.19 and a beta of 0.98. The business’s fifty day moving average is $217.25 and its two-hundred day moving average is $223.39. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.71.

About Take-Two Interactive Software

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.