Bamco Inc. NY Boosts Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Bamco Inc. NY raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 86,767 shares of the company’s stock after purchasing an additional 670 shares during the quarter. Bamco Inc. NY owned 0.05% of Take-Two Interactive Software worth $12,884,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. CVA Family Office LLC acquired a new position in Take-Two Interactive Software in the 4th quarter valued at $25,000. ORG Partners LLC lifted its stake in shares of Take-Two Interactive Software by 5,533.3% in the 1st quarter. ORG Partners LLC now owns 169 shares of the company’s stock worth $25,000 after acquiring an additional 166 shares during the period. MCF Advisors LLC lifted its stake in shares of Take-Two Interactive Software by 1,677.8% in the 4th 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 stake in shares of Take-Two Interactive Software in the 4th quarter worth $26,000. Finally, Pin Oak Investment Advisors Inc. lifted its stake in shares of Take-Two Interactive Software by 485.7% in the 4th quarter. Pin Oak Investment Advisors Inc. now owns 164 shares of the company’s stock worth $26,000 after acquiring an additional 136 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Wall Street Analysts Forecast Growth

TTWO has been the subject of several recent analyst reports. Roth Mkm reduced their target price on shares of Take-Two Interactive Software from $185.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, May 17th. Benchmark restated a “buy” rating and issued a $200.00 target price on shares of Take-Two Interactive Software in a research note on Friday, May 17th. Stifel Nicolaus reiterated a “buy” rating and issued a $175.00 price target on shares of Take-Two Interactive Software in a report on Monday, April 1st. Oppenheimer reissued an “outperform” rating and set a $185.00 price objective on shares of Take-Two Interactive Software in a report on Tuesday, April 23rd. Finally, Citigroup upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and upped their target price for the stock from $170.00 to $200.00 in a research report on Monday, April 8th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $178.96.

Take-Two Interactive Software Trading Up 0.3 %

TTWO stock traded up $0.44 during midday trading on Friday, hitting $150.75. The stock had a trading volume of 1,359,025 shares, compared to its average volume of 1,378,057. The company’s 50-day moving average price is $155.62 and its 200 day moving average price is $152.99. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.94 and a quick ratio of 0.94. The firm has a market cap of $25.83 billion, a PE ratio of -6.86, a price-to-earnings-growth ratio of 4.82 and a beta of 0.84. Take-Two Interactive Software, Inc. has a 12-month low of $130.34 and a 12-month high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Thursday, May 16th. The company reported ($17.02) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($17.09). Take-Two Interactive Software had a negative net margin of 69.99% and a positive return on equity of 2.19%. The business had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the prior year, the firm earned $0.47 EPS. Take-Two Interactive Software’s revenue for the quarter was down 3.2% on a year-over-year basis. On average, equities research analysts predict that Take-Two Interactive Software, Inc. will post 1.15 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Jon J. Moses sold 2,500 shares of the business’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $151.25, for a total transaction of $378,125.00. Following the completion of the sale, the director now owns 21,981 shares of the company’s stock, valued at $3,324,626.25. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, Director Michael Sheresky sold 218 shares of the stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $167.12, for a total value of $36,432.16. Following the completion of the sale, the director now owns 64,173 shares in the company, valued at $10,724,591.76. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jon J. Moses sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $151.25, for a total value of $378,125.00. Following the transaction, the director now directly owns 21,981 shares in the company, valued at $3,324,626.25. The disclosure for this sale can be found here. Corporate insiders own 1.37% of the company’s stock.

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.