CenterBook Partners LP Sells 6,786 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

CenterBook Partners LP reduced its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) by 34.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,188 shares of the company’s stock after selling 6,786 shares during the period. CenterBook Partners LP’s holdings in Take-Two Interactive Software were worth $2,123,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in TTWO. NBC Securities Inc. acquired a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at about $27,000. Jump Financial LLC boosted its position in shares of Take-Two Interactive Software by 66.0% during the 3rd quarter. Jump Financial LLC now owns 2,825 shares of the company’s stock valued at $397,000 after acquiring an additional 1,123 shares in the last quarter. Kestra Private Wealth Services LLC acquired a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at about $279,000. Atria Wealth Solutions Inc. boosted its position in shares of Take-Two Interactive Software by 7.2% during the 3rd quarter. Atria Wealth Solutions Inc. now owns 2,064 shares of the company’s stock valued at $290,000 after acquiring an additional 138 shares in the last quarter. Finally, Gabelli Funds LLC boosted its position in shares of Take-Two Interactive Software by 3.9% during the 3rd quarter. Gabelli Funds LLC now owns 48,882 shares of the company’s stock valued at $6,863,000 after acquiring an additional 1,825 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have commented on TTWO. Roth Mkm reduced their price target on shares of Take-Two Interactive Software from $185.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, May 17th. Stifel Nicolaus restated a “buy” rating and issued a $175.00 price target on shares of Take-Two Interactive Software in a research report on Monday, April 1st. Wedbush restated an “outperform” rating and issued a $190.00 price target on shares of Take-Two Interactive Software in a research report on Friday, May 17th. Robert W. Baird reduced their price target on shares of Take-Two Interactive Software from $173.00 to $172.00 and set an “outperform” rating on the stock in a research report on Monday, May 20th. Finally, Oppenheimer restated an “outperform” rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a research report on Tuesday, April 23rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $178.09.

View Our Latest Report on TTWO

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $148.54, for a total value of $13,495,007.54. Following the completion of the sale, the president now owns 87,286 shares of the company’s stock, valued at $12,965,462.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $148.54, for a total value of $13,495,007.54. Following the completion of the sale, the president now owns 87,286 shares of the company’s stock, valued at $12,965,462.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jon J. Moses sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The shares were 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 directly owns 21,981 shares of the company’s stock, valued at approximately $3,324,626.25. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 93,569 shares of company stock valued at $13,909,565. Corporate insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Trading Down 0.5 %

Shares of TTWO traded down $0.90 on Friday, reaching $164.77. 1,460,680 shares of the company’s stock were exchanged, compared to its average volume of 1,685,137. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $28.24 billion, a P/E ratio of -7.50, a price-to-earnings-growth ratio of 7.84 and a beta of 0.84. The business has a 50 day moving average price of $149.69 and a two-hundred day moving average price of $154.03. 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:TTWOGet Free Report) last posted its quarterly earnings results on Thursday, May 16th. The company reported ($17.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($17.09). Take-Two Interactive Software had a positive return on equity of 2.19% and a negative net margin of 69.99%. The business had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period last year, the firm earned $0.47 earnings per share. The company’s quarterly revenue was down 3.2% on a year-over-year basis. Research analysts anticipate that Take-Two Interactive Software, Inc. will post 0.92 earnings per share for the current year.

Take-Two Interactive Software Company Profile

(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.

See Also

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

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