Drive Wealth Management LLC Grows Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Drive Wealth Management LLC grew its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) by 4.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,606 shares of the company’s stock after purchasing an additional 69 shares during the period. Drive Wealth Management LLC’s holdings in Take-Two Interactive Software were worth $258,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Take-Two Interactive Software by 6.7% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,443 shares of the company’s stock valued at $2,374,000 after acquiring an additional 971 shares in the last quarter. Yousif Capital Management LLC increased 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 valued at $2,585,000 after acquiring an additional 300 shares in the last quarter. Raymond James Trust N.A. bought a new stake in shares of Take-Two Interactive Software during the first quarter valued at approximately $206,000. Dimensional Fund Advisors LP increased its position in shares of Take-Two Interactive Software by 1.1% during the first quarter. Dimensional Fund Advisors LP now owns 512,184 shares of the company’s stock valued at $78,757,000 after acquiring an additional 5,382 shares in the last quarter. Finally, Blair William & Co. IL increased its position in shares of Take-Two Interactive Software by 3.2% during the first quarter. Blair William & Co. IL now owns 41,602 shares of the company’s stock valued at $6,396,000 after acquiring an additional 1,289 shares in the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TTWO has been the subject of a number of research analyst reports. BMO Capital Markets initiated coverage on shares of Take-Two Interactive Software in a research report on Tuesday, January 9th. They issued an “outperform” rating and a $200.00 target price for the company. Wells Fargo & Company lifted their target price on shares of Take-Two Interactive Software from $170.00 to $193.00 and gave the stock an “overweight” rating in a research report on Thursday, February 1st. The Goldman Sachs Group lifted 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. Moffett Nathanson downgraded shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and cut their target price for the stock from $169.00 to $167.00 in a research report on Monday, February 5th. Finally, Bank of America downgraded shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and set a $170.00 target price for the company. in a research report on Thursday, December 7th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seventeen have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $172.91.

Get Our Latest Analysis on TTWO

Insiders Place Their Bets

In other Take-Two Interactive Software news, Director Michael Sheresky sold 260 shares of the business’s stock in a transaction 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 owns 63,645 shares in the company, valued at approximately $9,910,799.40. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Stock Down 0.3 %

TTWO opened at $149.57 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.82 and a current ratio of 0.82. Take-Two Interactive Software, Inc. has a fifty-two week low of $117.35 and a fifty-two week high of $171.59. The firm’s fifty day moving average is $153.24 and its 200 day moving average is $151.45. The stock has a market cap of $25.52 billion, a price-to-earnings ratio of -17.43, a price-to-earnings-growth ratio of 1.28 and a beta of 0.74.

Take-Two Interactive Software (NASDAQ:TTWOGet Free Report) last released its 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 firm had revenue of $1.34 billion for the quarter, compared to analysts’ expectations 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, sell-side analysts forecast that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current fiscal year.

About Take-Two Interactive Software

(Free Report)

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.

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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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