HB Wealth Management LLC Boosts Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

HB Wealth Management LLC increased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 23.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,233 shares of the company’s stock after acquiring an additional 422 shares during the quarter. HB Wealth Management LLC’s holdings in Take-Two Interactive Software were worth $359,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings 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 worth $2,374,000 after buying an additional 971 shares during the period. Yousif Capital Management LLC grew its position in shares of Take-Two Interactive Software by 1.8% during the first 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 in the last quarter. Raymond James Trust N.A. bought a new stake in Take-Two Interactive Software during the 1st quarter valued at approximately $206,000. Dimensional Fund Advisors LP lifted its holdings in Take-Two Interactive Software by 1.1% in 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 in the last quarter. Finally, Blair William & Co. IL boosted its stake in Take-Two Interactive Software by 3.2% in 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 period. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $148.49 on Friday. Take-Two Interactive Software, Inc. has a 12 month low of $115.30 and a 12 month high of $171.59. The stock has a fifty day moving average price of $154.13 and a 200-day moving average price of $151.24. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.32. The firm has a market cap of $25.33 billion, a PE ratio of -17.31, a P/E/G ratio of 6.83 and a beta of 0.75.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings results on Thursday, February 8th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.02). Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.34 billion. Equities research analysts predict that Take-Two Interactive Software, Inc. will post 0.8 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on TTWO shares. Wolfe Research began coverage on shares of Take-Two Interactive Software in a report on Tuesday, December 12th. They issued an “outperform” rating and a $186.00 target price on the stock. Benchmark raised their target price on shares of Take-Two Interactive Software from $164.00 to $200.00 and gave the company a “buy” rating in a report on Monday, January 22nd. BMO Capital Markets assumed coverage on shares of Take-Two Interactive Software in a research note on Tuesday, January 9th. They set an “outperform” rating and a $200.00 price target on the stock. The Goldman Sachs Group boosted their target price on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, January 19th. Finally, Wedbush reiterated an “outperform” rating and issued a $190.00 price target on shares of Take-Two Interactive Software in a research report on Friday, February 9th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and sixteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $172.50.

Insiders Place Their Bets

In other news, Director Michael Sheresky sold 260 shares of Take-Two Interactive Software stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $155.72, for a total transaction of $40,487.20. Following the completion of the sale, the director now directly owns 63,645 shares in the company, valued at $9,910,799.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 1.37% of the stock is owned by insiders.

Take-Two Interactive Software Profile

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.