NBC Securities Inc. Makes New Investment in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

NBC Securities Inc. acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 198 shares of the company’s stock, valued at approximately $27,000.

Other large investors also recently bought and sold shares of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Take-Two Interactive Software by 6.7% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,443 shares of the company’s stock valued at $2,374,000 after acquiring an additional 971 shares during the last quarter. Yousif Capital Management LLC boosted its stake in shares of Take-Two Interactive Software by 1.8% during the 1st quarter. Yousif Capital Management LLC now owns 16,817 shares of the company’s stock worth $2,585,000 after purchasing an additional 300 shares during the last quarter. Raymond James Trust N.A. acquired a new stake in shares of Take-Two Interactive Software during the 1st quarter worth about $206,000. Dimensional Fund Advisors LP boosted its stake in shares of Take-Two Interactive Software by 1.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 512,184 shares of the company’s stock worth $78,757,000 after purchasing an additional 5,382 shares during the last quarter. Finally, Blair William & Co. IL boosted its stake in shares of Take-Two Interactive Software by 3.2% during the 1st quarter. Blair William & Co. IL now owns 41,602 shares of the company’s stock worth $6,396,000 after purchasing an additional 1,289 shares during the last quarter. Hedge funds and other institutional investors own 89.95% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $169.60 on Friday. Take-Two Interactive Software, Inc. has a 1 year low of $107.92 and a 1 year high of $171.59. The company has a market cap of $28.84 billion, a price-to-earnings ratio of -18.95, a price-to-earnings-growth ratio of 4.81 and a beta of 0.76. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a fifty day moving average of $161.57 and a 200-day moving average of $149.88.

Take-Two Interactive Software (NASDAQ:TTWOGet Free Report) last announced 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 negative net margin of 27.83% and a positive return on equity of 3.32%. The firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same period last year, the firm posted $0.72 EPS. The business’s revenue was down 4.0% compared to the same quarter last year. As a group, equities analysts anticipate that Take-Two Interactive Software, Inc. will post 1.54 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. The Goldman Sachs Group raised their price target on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, January 19th. Benchmark raised their target price on shares of Take-Two Interactive Software from $164.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, January 22nd. Truist Financial decreased their target price on shares of Take-Two Interactive Software from $158.00 to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, October 31st. Deutsche Bank Aktiengesellschaft upgraded shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and raised their price target for the company from $155.00 to $175.00 in a report on Tuesday, November 14th. Finally, Bank of America lowered shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and set a $170.00 price target on the stock. in a report on Thursday, December 7th. One research analyst has rated the stock with a sell rating, six have given a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat.com, Take-Two Interactive Software has an average rating of “Moderate Buy” and a consensus target price of $167.09.

Check Out Our Latest Research Report on TTWO

Insider Activity at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 244 shares of Take-Two Interactive Software stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $156.40, for a total transaction of $38,161.60. Following the sale, the director now directly owns 63,905 shares in the company, valued at $9,994,742. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other Take-Two Interactive Software news, CFO Lainie Goldstein sold 20,701 shares of the business’s stock in a transaction dated 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 sale, the chief financial officer now directly owns 322,133 shares in the company, valued at $50,900,235.33. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Michael Sheresky sold 244 shares of the business’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $156.40, for a total transaction of $38,161.60. Following the completion of the sale, the director now owns 63,905 shares in the company, valued at $9,994,742. The disclosure for this sale can be found here. Insiders have sold a total of 31,488 shares of company stock worth $4,966,793 over the last ninety days. 1.37% of the stock is currently owned by corporate insiders.

Take-Two Interactive Software Company 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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