Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Bought by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust lifted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 34.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 340 shares of the company’s stock after acquiring an additional 88 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Take-Two Interactive Software were worth $55,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in TTWO. Cary Street Partners Investment Advisory LLC increased its stake in shares of Take-Two Interactive Software by 110.7% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 177 shares of the company’s stock worth $25,000 after acquiring an additional 93 shares during the period. CVA Family Office LLC acquired a new position in shares of Take-Two Interactive Software during the fourth quarter worth about $25,000. MCF Advisors LLC increased its stake in shares of Take-Two Interactive Software by 1,677.8% during the fourth quarter. MCF Advisors LLC now owns 160 shares of the company’s stock worth $26,000 after acquiring an additional 151 shares during the period. Wetzel Investment Advisors Inc. acquired a new position in Take-Two Interactive Software during the fourth quarter worth about $26,000. Finally, NBC Securities Inc. acquired a new position in Take-Two Interactive Software during the third quarter worth about $27,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of the 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 of the company’s stock, valued at $12,965,462.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Take-Two Interactive Software news, Director Michael Sheresky sold 260 shares of the stock in a transaction that occurred 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 transaction, the director now owns 63,645 shares of the company’s stock, valued at $9,910,799.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, President Karl Slatoff sold 90,851 shares of the stock in a transaction 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 directly owns 87,286 shares of the company’s stock, valued at approximately $12,965,462.44. The disclosure for this sale can be found here. 1.37% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Stifel Nicolaus restated a “buy” rating and set a $175.00 target price on shares of Take-Two Interactive Software in a research report on Monday, April 1st. Roth Mkm upped their target price on shares of Take-Two Interactive Software from $168.00 to $185.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. Oppenheimer restated an “outperform” rating and set a $185.00 target price on shares of Take-Two Interactive Software in a research report on Tuesday. Moffett Nathanson lowered shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $169.00 to $167.00 in a research report on Monday, February 5th. Finally, The Goldman Sachs Group upped 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 research report on Friday, January 19th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have issued a buy rating to the stock. According to MarketBeat.com, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus price target of $177.61.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $144.47 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.82 and a quick ratio of 0.82. The company’s 50 day simple moving average is $147.33 and its 200 day simple moving average is $152.16. Take-Two Interactive Software, Inc. has a 1 year low of $119.57 and a 1 year high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results 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 analysts’ expectations of $1.34 billion. Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. As a group, research analysts forecast that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current year.

Take-Two Interactive Software Company 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.