Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Bought by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. lifted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 26,840.0% in the fourth quarter, Holdings Channel reports. The firm owned 1,347 shares of the company’s stock after purchasing an additional 1,342 shares during the period. SRS Capital Advisors Inc.’s holdings in Take-Two Interactive Software were worth $217,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Robeco Institutional Asset Management B.V. boosted its holdings in Take-Two Interactive Software by 29.6% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 27,205 shares of the company’s stock worth $3,819,000 after acquiring an additional 6,206 shares during the period. Xponance Inc. lifted its holdings in Take-Two Interactive Software by 3.8% in the 3rd quarter. Xponance Inc. now owns 21,127 shares of the company’s stock worth $2,966,000 after buying an additional 778 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in Take-Two Interactive Software by 5.3% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 21,589 shares of the company’s stock valued at $3,031,000 after buying an additional 1,095 shares during the last quarter. J.W. Cole Advisors Inc. purchased a new position in Take-Two Interactive Software in the third quarter valued at about $662,000. Finally, Forsta AP Fonden grew its stake in Take-Two Interactive Software by 0.6% during the 3rd quarter. Forsta AP Fonden now owns 33,300 shares of the company’s stock valued at $4,675,000 after purchasing an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

Take-Two Interactive Software stock traded up $2.81 during mid-day trading on Friday, hitting $145.88. 1,075,136 shares of the company’s stock traded hands, compared to its average volume of 1,457,726. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.32. Take-Two Interactive Software, Inc. has a one year low of $119.57 and a one year high of $171.59. The firm has a 50 day moving average price of $146.50 and a 200 day moving average price of $152.16. The company has a market cap of $24.89 billion, a PE ratio of -17.00, a price-to-earnings-growth ratio of 1.19 and a beta of 0.75.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.34 billion. Take-Two Interactive Software had a negative net margin of 26.90% and a positive return on equity of 3.03%. On average, equities analysts forecast that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current year.

Insider Transactions at Take-Two Interactive Software

In related news, President Karl Slatoff sold 90,851 shares of the firm’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the transaction, the president now owns 87,286 shares in the company, valued at $12,965,462.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Michael Sheresky sold 260 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $155.72, for a total value of $40,487.20. Following the sale, the director now directly owns 63,645 shares in the company, valued at approximately $9,910,799.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Karl Slatoff sold 90,851 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the completion of the sale, the president now owns 87,286 shares in the company, valued at $12,965,462.44. The disclosure for this sale can be found here. Company insiders own 1.37% of the company’s stock.

Wall Street Analyst Weigh In

TTWO has been the subject of several research analyst reports. Wells Fargo & Company increased their target price on Take-Two Interactive Software from $170.00 to $193.00 and gave the company an “overweight” rating in a research note on Thursday, February 1st. Citigroup raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $170.00 to $200.00 in a report on Monday, April 8th. Jefferies Financial Group assumed coverage on shares of Take-Two Interactive Software in a research note on Monday, April 1st. They issued a “buy” rating and a $195.00 target price on the stock. The Goldman Sachs Group lifted their price target on 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. Finally, BMO Capital Markets assumed coverage on Take-Two Interactive Software in a research note on Tuesday, January 9th. They set an “outperform” rating and a $200.00 price objective on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eighteen have assigned a buy rating to the company. According to MarketBeat.com, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and an average target price of $177.61.

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.