Kestra Private Wealth Services LLC Grows Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Kestra Private Wealth Services LLC grew its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 12.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,228 shares of the company’s stock after buying an additional 243 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Take-Two Interactive Software were worth $359,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Tectonic Advisors LLC increased its holdings in Take-Two Interactive Software by 4.2% during the fourth quarter. Tectonic Advisors LLC now owns 1,712 shares of the company’s stock valued at $276,000 after buying an additional 69 shares during the period. Drive Wealth Management LLC raised its holdings 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 purchasing an additional 69 shares in the last quarter. Belpointe Asset Management LLC raised its holdings 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 purchasing an additional 70 shares in the last quarter. Massmutual Trust Co. FSB ADV boosted its holdings in shares of Take-Two Interactive Software by 14.8% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 543 shares of the company’s stock valued at $87,000 after buying an additional 70 shares in the last quarter. Finally, Parkside Financial Bank & Trust grew its position in shares of Take-Two Interactive Software by 34.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 340 shares of the company’s stock worth $55,000 after buying an additional 88 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on TTWO shares. Wells Fargo & Company raised their target price on shares of Take-Two Interactive Software from $170.00 to $193.00 and gave the company an “overweight” rating in a research note on Thursday, February 1st. Roth Mkm boosted their target price on Take-Two Interactive Software from $168.00 to $185.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. Oppenheimer reiterated an “outperform” rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a research note on Tuesday, April 23rd. Benchmark restated a “buy” rating and set a $200.00 price target on shares of Take-Two Interactive Software in a research note on Friday, April 19th. Finally, BMO Capital Markets began coverage on shares of Take-Two Interactive Software in a research report on Tuesday, January 9th. They set an “outperform” rating and a $200.00 target price on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $177.61.

Insider Activity

In related 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 transaction of $40,487.20. Following the completion of the transaction, the director now owns 63,645 shares in the company, 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 related news, President Karl Slatoff sold 90,851 shares of the business’s stock in a transaction that occurred 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 in the company, valued at $12,965,462.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael Sheresky sold 260 shares of the firm’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 completion of the transaction, the director now owns 63,645 shares in the company, valued at approximately $9,910,799.40. The disclosure for this sale can be found here. Company insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO opened at $148.33 on Wednesday. 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 52 week low of $121.72 and a 52 week high of $171.59. The stock’s 50-day moving average price is $146.48 and its 200-day moving average price is $152.39. The stock has a market capitalization of $25.30 billion, a PE ratio of -17.29, a price-to-earnings-growth ratio of 1.21 and a beta of 0.75.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data on Thursday, February 8th. The company reported $0.30 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 analysts’ expectations of $1.34 billion. As a group, equities analysts expect that Take-Two Interactive Software, Inc. will post 0.87 EPS 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.