FSM Wealth Advisors LLC Makes New $236,000 Investment in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

FSM Wealth Advisors LLC bought a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 1,565 shares of the company’s stock, valued at approximately $236,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its position in Take-Two Interactive Software by 1.0% during the first quarter. Vanguard Group Inc. now owns 12,458,920 shares of the company’s stock worth $1,915,435,000 after purchasing an additional 118,028 shares in the last quarter. BlackRock Inc. increased its holdings in Take-Two Interactive Software by 1.5% during the 1st quarter. BlackRock Inc. now owns 12,311,580 shares of the company’s stock valued at $1,468,771,000 after acquiring an additional 182,016 shares in the last quarter. State Street Corp raised its position in Take-Two Interactive Software by 2.8% during the first quarter. State Street Corp now owns 7,016,407 shares of the company’s stock worth $836,988,000 after acquiring an additional 192,805 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Take-Two Interactive Software by 2.8% in the first quarter. Geode Capital Management LLC now owns 3,433,813 shares of the company’s stock valued at $408,781,000 after purchasing an additional 94,906 shares in the last quarter. Finally, Capital World Investors acquired a new stake in shares of Take-Two Interactive Software in the first quarter valued at approximately $513,164,000. 89.95% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $141.33 on Tuesday. The firm’s fifty day simple moving average is $144.68 and its 200 day simple moving average is $134.06. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.82 and a current ratio of 0.82. Take-Two Interactive Software, Inc. has a twelve month low of $90.00 and a twelve month high of $153.84.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings data on Tuesday, August 8th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.05. Take-Two Interactive Software had a positive return on equity of 3.04% and a negative net margin of 22.17%. The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.20 billion. As a group, research analysts expect that Take-Two Interactive Software, Inc. will post 1.66 earnings per share for the current year.

Wall Street Analyst Weigh In

TTWO has been the subject of several research reports. Truist Financial restated a “buy” rating and set a $158.00 price objective on shares of Take-Two Interactive Software in a research report on Wednesday, August 16th. HSBC started coverage on Take-Two Interactive Software in a research report on Tuesday, July 25th. They issued a “buy” rating and a $170.00 price objective on the stock. Bank of America lifted their price objective on Take-Two Interactive Software from $146.00 to $170.00 and gave the stock a “buy” rating in a research report on Monday, July 17th. Oppenheimer restated an “outperform” rating and issued a $157.00 target price on shares of Take-Two Interactive Software in a report on Wednesday, August 9th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $167.00 price target on shares of Take-Two Interactive Software in a research note on Wednesday, September 13th. One analyst has rated the stock with a sell rating, four have given a hold rating and nineteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $147.76.

About Take-Two Interactive Software

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.