Orange Investment Advisors Inc. Purchases 2,254 Shares of Take-Two Interactive Software, Inc. $TTWO

Orange Investment Advisors Inc. raised its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 11.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 22,828 shares of the company’s stock after buying an additional 2,254 shares during the period. Orange Investment Advisors Inc.’s holdings in Take-Two Interactive Software were worth $5,898,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of TTWO. KRS Capital Management LLC purchased a new stake in Take-Two Interactive Software during the third quarter valued at approximately $209,000. Blue Trust Inc. increased its position in shares of Take-Two Interactive Software by 42.9% during the third quarter. Blue Trust Inc. now owns 150 shares of the company’s stock worth $39,000 after purchasing an additional 45 shares in the last quarter. Avanza Fonder AB increased its position in shares of Take-Two Interactive Software by 24.9% during the third quarter. Avanza Fonder AB now owns 12,415 shares of the company’s stock worth $3,208,000 after purchasing an additional 2,474 shares in the last quarter. CWM LLC boosted its position in shares of Take-Two Interactive Software by 75.6% in the 3rd quarter. CWM LLC now owns 6,904 shares of the company’s stock worth $1,784,000 after purchasing an additional 2,973 shares in the last quarter. Finally, Pacer Advisors Inc. grew its stake in Take-Two Interactive Software by 1.1% during the 3rd quarter. Pacer Advisors Inc. now owns 27,237 shares of the company’s stock worth $7,037,000 after buying an additional 292 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Ellen F. Siminoff sold 414 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $235.95, for a total value of $97,683.30. Following the completion of the transaction, the director owned 2,716 shares of the company’s stock, valued at $640,840.20. The trade was a 13.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Michael Sheresky sold 182 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $235.11, for a total value of $42,790.02. Following the completion of the sale, the director owned 65,781 shares in the company, valued at $15,465,770.91. The trade was a 0.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,007 shares of company stock worth $247,095. 1.34% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have commented on TTWO. Wall Street Zen cut Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research note on Sunday, November 2nd. UBS Group downgraded shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating in a report on Tuesday, November 25th. Cowen reiterated a “buy” rating on shares of Take-Two Interactive Software in a research note on Tuesday, November 25th. Jefferies Financial Group upped their price target on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Finally, B. Riley started coverage on shares of Take-Two Interactive Software in a report on Wednesday, December 10th. They issued a “buy” rating and a $300.00 price target for the company. Twenty research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and an average target price of $266.33.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO opened at $256.09 on Friday. Take-Two Interactive Software, Inc. has a twelve month low of $177.35 and a twelve month high of $264.79. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.73. The company has a market cap of $47.32 billion, a PE ratio of -11.34, a price-to-earnings-growth ratio of 4.02 and a beta of 0.96. The company’s 50 day moving average is $246.62 and its 200 day moving average is $242.23.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Thursday, November 6th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.91 by $0.13. The business had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.71 billion. Take-Two Interactive Software had a negative net margin of 64.26% and a positive return on equity of 12.49%. The business’s revenue for the quarter was up 33.3% on a year-over-year basis. During the same period in the prior year, the firm earned ($2.08) EPS. On average, sell-side analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.