D.A. Davidson & CO. Buys 1,231 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

D.A. Davidson & CO. grew its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) by 12.3% during the 3rd quarter, Holdings Channel reports. The firm owned 11,244 shares of the company’s stock after buying an additional 1,231 shares during the period. D.A. Davidson & CO.’s holdings in Take-Two Interactive Software were worth $1,579,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Gabelli Funds LLC increased its holdings in shares of Take-Two Interactive Software by 3.9% during the 3rd quarter. Gabelli Funds LLC now owns 48,882 shares of the company’s stock worth $6,863,000 after acquiring an additional 1,825 shares during the last quarter. Gamco Investors INC. ET AL increased its holdings in shares of Take-Two Interactive Software by 2.2% during the 3rd quarter. Gamco Investors INC. ET AL now owns 60,171 shares of the company’s stock worth $8,447,000 after acquiring an additional 1,271 shares during the last quarter. Atria Wealth Solutions Inc. increased its holdings in shares of Take-Two Interactive Software by 7.2% during the 3rd quarter. Atria Wealth Solutions Inc. now owns 2,064 shares of the company’s stock worth $290,000 after acquiring an additional 138 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Take-Two Interactive Software by 8.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,170,470 shares of the company’s stock worth $585,492,000 after acquiring an additional 321,632 shares during the last quarter. Finally, Amalgamated Bank increased its holdings in shares of Take-Two Interactive Software by 0.3% during the 3rd quarter. Amalgamated Bank now owns 41,465 shares of the company’s stock worth $5,821,000 after acquiring an additional 114 shares during the last quarter. Institutional investors and hedge funds own 89.95% of the company’s stock.

Insider Buying and Selling

In related news, Director Michael Sheresky sold 244 shares of the company’s stock in a transaction on 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 directly owns 63,905 shares in the company, valued at approximately $9,994,742. The sale was disclosed in a filing with the SEC, which is available through this link. In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 638 shares of the company’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $157.80, for a total value of $100,676.40. Following the completion of the transaction, the insider now owns 130,868 shares of the company’s stock, valued at approximately $20,650,970.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Michael Sheresky sold 244 shares of the company’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $156.40, for a total value of $38,161.60. Following the completion of the transaction, the director now directly owns 63,905 shares of the company’s stock, valued at approximately $9,994,742. The disclosure for this sale can be found here. Insiders sold a total of 31,488 shares of company stock worth $4,966,793 in the last ninety days. 1.37% of the stock is owned by insiders.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO opened at $154.91 on Friday. The stock has a fifty day moving average price of $161.51 and a 200-day moving average price of $149.90. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.32. Take-Two Interactive Software, Inc. has a fifty-two week low of $107.92 and a fifty-two week high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWOGet Free Report) last announced its quarterly earnings data on Wednesday, November 8th. The company reported ($3.20) earnings per share for the quarter, missing the consensus estimate of $1.02 by ($4.22). Take-Two Interactive Software had a positive return on equity of 3.00% and a negative net margin of 26.90%. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the prior year, the company earned $0.72 earnings per share. Take-Two Interactive Software’s quarterly revenue was down 4.0% compared to the same quarter last year. As a group, research analysts forecast that Take-Two Interactive Software, Inc. will post 1.54 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently weighed in on TTWO. Truist Financial decreased their target price on Take-Two Interactive Software from $158.00 to $155.00 and set a “buy” rating on the stock in a report on Tuesday, October 31st. Wells Fargo & Company upped their price objective on Take-Two Interactive Software from $170.00 to $193.00 and gave the company an “overweight” rating in a report on Thursday, February 1st. Morgan Stanley upped their price objective on Take-Two Interactive Software from $160.00 to $175.00 and gave the company an “overweight” rating in a report on Thursday, November 9th. Bank of America lowered Take-Two Interactive Software from a “buy” rating to a “neutral” rating and set a $170.00 price objective on the stock. in a report on Thursday, December 7th. Finally, JPMorgan Chase & Co. decreased their price objective on Take-Two Interactive Software from $188.00 to $180.00 and set an “overweight” rating on the stock in a report on Friday. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and sixteen have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $169.57.

Read Our Latest Stock Report on TTWO

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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