Arizona State Retirement System Acquires 164 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Arizona State Retirement System boosted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) by 0.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 46,197 shares of the company’s stock after purchasing an additional 164 shares during the period. Arizona State Retirement System’s holdings in Take-Two Interactive Software were worth $6,486,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of TTWO. NBC Securities Inc. acquired a new stake in Take-Two Interactive Software during the third quarter worth about $27,000. Webster Bank N. A. acquired a new stake in Take-Two Interactive Software during the third quarter worth about $28,000. Spotlight Asset Group Inc. acquired a new stake in Take-Two Interactive Software during the second quarter worth about $29,000. BluePath Capital Management LLC acquired a new stake in Take-Two Interactive Software during the third quarter worth about $30,000. Finally, Whittier Trust Co. acquired a new stake in Take-Two Interactive Software during the third quarter worth about $30,000. 89.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Lainie Goldstein sold 20,701 shares of Take-Two Interactive Software stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $158.01, for a total value of $3,270,965.01. Following the completion of the sale, the chief financial officer now owns 322,133 shares in the company, valued at approximately $50,900,235.33. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Michael Sheresky sold 244 shares of Take-Two Interactive Software stock in a transaction on Friday, November 24th. The shares were sold at an average price of $156.40, for a total value of $38,161.60. Following the completion of the sale, the director now owns 63,905 shares in the company, valued at approximately $9,994,742. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Lainie Goldstein sold 20,701 shares of Take-Two Interactive Software stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $158.01, for a total transaction of $3,270,965.01. Following the completion of the sale, the chief financial officer now owns 322,133 shares of the company’s stock, valued at approximately $50,900,235.33. The disclosure for this sale can be found here. Insiders sold 31,488 shares of company stock worth $4,966,793 in the last quarter. 1.37% of the stock is owned by corporate insiders.

Take-Two Interactive Software Stock Down 0.6 %

Take-Two Interactive Software stock opened at $166.94 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.85 and a current ratio of 0.85. Take-Two Interactive Software, Inc. has a 52-week low of $104.13 and a 52-week high of $169.56. The firm has a 50 day moving average price of $160.13 and a two-hundred day moving average price of $149.11. The firm has a market cap of $28.39 billion, a price-to-earnings ratio of -18.65, a PEG ratio of 4.85 and a beta of 0.75.

Take-Two Interactive Software (NASDAQ:TTWOGet Free Report) last released its quarterly earnings results on Wednesday, November 8th. The company reported ($3.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.02 by ($4.22). Take-Two Interactive Software had a positive return on equity of 3.32% and a negative net margin of 27.83%. The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the previous year, the business posted $0.72 EPS. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. Equities analysts predict that Take-Two Interactive Software, Inc. will post 1.54 EPS for the current year.

Analysts Set New Price Targets

TTWO has been the topic of a number of analyst reports. Wedbush reiterated an “outperform” rating and set a $165.00 price objective on shares of Take-Two Interactive Software in a research note on Thursday, November 9th. Bank of America downgraded shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and set a $170.00 price objective on the stock. in a research note on Thursday, December 7th. StockNews.com initiated coverage on shares of Take-Two Interactive Software in a research note on Thursday, October 5th. They issued a “sell” rating on the stock. Stifel Nicolaus raised their price target on shares of Take-Two Interactive Software from $175.00 to $188.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. Finally, Raymond James upgraded shares of Take-Two Interactive Software from a “market perform” rating to an “outperform” rating and set a $170.00 price target on the stock in a research note on Wednesday, October 11th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have given a buy rating to the stock. According to data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average target price of $162.79.

Get Our Latest Stock Analysis on Take-Two Interactive Software

Take-Two Interactive Software Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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