Vontobel Holding Ltd. Has $9.04 Million Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Vontobel Holding Ltd. lifted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 9.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 56,151 shares of the company’s stock after buying an additional 5,054 shares during the period. Vontobel Holding Ltd.’s holdings in Take-Two Interactive Software were worth $9,038,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of TTWO. Capital World Investors acquired a new position in shares of Take-Two Interactive Software during the first quarter worth approximately $513,164,000. Norges Bank acquired a new position in shares of Take-Two Interactive Software during the fourth quarter worth approximately $205,528,000. Schonfeld Strategic Advisors LLC lifted its position in shares of Take-Two Interactive Software by 461.4% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 974,880 shares of the company’s stock worth $101,514,000 after purchasing an additional 801,214 shares in the last quarter. Nordea Investment Management AB lifted its position in shares of Take-Two Interactive Software by 130.8% during the third quarter. Nordea Investment Management AB now owns 653,346 shares of the company’s stock worth $92,122,000 after purchasing an additional 370,229 shares in the last quarter. Finally, Mariner LLC lifted its position in shares of Take-Two Interactive Software by 223.2% during the third quarter. Mariner LLC now owns 497,060 shares of the company’s stock worth $69,783,000 after purchasing an additional 343,277 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on TTWO shares. BMO Capital Markets started coverage on shares of Take-Two Interactive Software in a report on Tuesday, January 9th. They issued an “outperform” rating and a $200.00 price objective on the stock. JPMorgan Chase & Co. cut their price objective on shares of Take-Two Interactive Software from $188.00 to $180.00 and set an “overweight” rating on the stock in a report on Friday, February 9th. Moffett Nathanson lowered shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and cut their price objective for the company from $169.00 to $167.00 in a report on Monday, February 5th. Wedbush restated an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a report on Friday, February 9th. Finally, Roth Mkm increased their price objective on shares of Take-Two Interactive Software from $168.00 to $185.00 and gave the company a “buy” rating in a report on Friday, February 9th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $176.39.

Insider Transactions at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 260 shares of the stock in a transaction 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 completion of the sale, the director now owns 63,645 shares of the company’s stock, valued at $9,910,799.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.37% of the stock is owned by insiders.

Take-Two Interactive Software Stock Up 0.1 %

Shares of TTWO stock opened at $145.45 on Wednesday. The firm has a fifty day moving average of $149.97 and a 200-day moving average of $152.21. 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 12-month low of $119.57 and a 12-month high of $171.59. The company has a market capitalization of $24.81 billion, a price-to-earnings ratio of -16.95, a P/E/G ratio of 1.24 and a beta of 0.74.

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

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.