Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Stock Position Lifted by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust boosted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 34.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 340 shares of the company’s stock after acquiring an additional 88 shares during the period. Parkside Financial Bank & Trust’s holdings in Take-Two Interactive Software were worth $55,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TTWO. Tectonic Advisors LLC grew its position in Take-Two Interactive Software by 4.2% in the fourth quarter. Tectonic Advisors LLC now owns 1,712 shares of the company’s stock worth $276,000 after acquiring an additional 69 shares in the last quarter. Drive Wealth Management LLC grew its position in Take-Two Interactive Software by 4.5% in the fourth quarter. Drive Wealth Management LLC now owns 1,606 shares of the company’s stock worth $258,000 after acquiring an additional 69 shares in the last quarter. Belpointe Asset Management LLC grew its position in Take-Two Interactive Software by 3.7% in the third quarter. Belpointe Asset Management LLC now owns 1,986 shares of the company’s stock worth $279,000 after acquiring an additional 70 shares in the last quarter. Massmutual Trust Co. FSB ADV grew its position in Take-Two Interactive Software by 14.8% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 543 shares of the company’s stock worth $87,000 after acquiring an additional 70 shares in the last quarter. Finally, Moody Lynn & Lieberson LLC grew its position in Take-Two Interactive Software by 2.7% in the fourth quarter. Moody Lynn & Lieberson LLC now owns 3,492 shares of the company’s stock worth $562,000 after acquiring an additional 91 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Michael Sheresky sold 260 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $9,910,799.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of the stock in a transaction dated 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 sale, the president now owns 87,286 shares of the company’s stock, valued at approximately $12,965,462.44. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Michael Sheresky sold 260 shares of the stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $155.72, for a total transaction of $40,487.20. Following the sale, the director now directly owns 63,645 shares in the company, valued at approximately $9,910,799.40. The disclosure for this sale can be found here. Corporate insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $144.47 on Friday. Take-Two Interactive Software, Inc. has a 52-week low of $119.57 and a 52-week high of $171.59. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a fifty day moving average of $147.33 and a 200-day moving average of $152.16.

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

Analysts Set New Price Targets

Several analysts have commented on the stock. Wells Fargo & Company boosted 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. Roth Mkm upped their price objective on shares of Take-Two Interactive Software from $168.00 to $185.00 and gave the stock a “buy” rating in a report on Friday, February 9th. BMO Capital Markets began coverage on shares of Take-Two Interactive Software in a report on Tuesday, January 9th. They set an “outperform” rating and a $200.00 price objective for the company. Benchmark reaffirmed a “buy” rating and set a $200.00 price objective on shares of Take-Two Interactive Software in a report on Friday, April 19th. Finally, The Goldman Sachs Group upped their price objective on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, January 19th. One analyst has rated the stock with a sell rating, four have issued a hold rating and eighteen have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $177.61.

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.