MASTERINVEST Kapitalanlage GmbH Acquires Shares of 6,339 Take-Two Interactive Software, Inc. $TTWO

MASTERINVEST Kapitalanlage GmbH bought a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,339 shares of the company’s stock, valued at approximately $1,539,000.

Several other large investors have also added to or reduced their stakes in the business. ORG Partners LLC increased its holdings in Take-Two Interactive Software by 115.7% during the 2nd quarter. ORG Partners LLC now owns 110 shares of the company’s stock worth $26,000 after purchasing an additional 59 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Take-Two Interactive Software by 101.9% in the second quarter. Blue Trust Inc. now owns 105 shares of the company’s stock valued at $26,000 after purchasing an additional 53 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in shares of Take-Two Interactive Software in the second quarter valued at approximately $27,000. 1 North Wealth Services LLC purchased a new position in shares of Take-Two Interactive Software during the first quarter valued at approximately $29,000. Finally, Game Plan Financial Advisors LLC bought a new stake in Take-Two Interactive Software during the first quarter worth $31,000. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

TTWO opened at $241.47 on Monday. Take-Two Interactive Software, Inc. has a fifty-two week low of $177.35 and a fifty-two week high of $264.79. The firm has a 50-day moving average of $248.62 and a 200 day moving average of $241.09. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.15 and a current ratio of 1.15. The firm has a market cap of $44.62 billion, a P/E ratio of -10.69, a PEG ratio of 3.86 and a beta of 0.96.

Take-Two Interactive Software (NASDAQ:TTWO) last released its earnings results on Thursday, November 6th. The company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.13. Take-Two Interactive Software had a negative net margin of 64.26% and a positive return on equity of 12.49%. The firm had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same period in the previous year, the company earned ($2.08) earnings per share. The company’s quarterly revenue was up 33.3% on a year-over-year basis. On average, research analysts expect that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Analyst Ratings Changes

Several brokerages have weighed in on TTWO. Zacks Research cut Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 28th. Wall Street Zen downgraded shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating in a report on Sunday, November 2nd. Cowen reissued a “buy” rating on shares of Take-Two Interactive Software in a research report on Tuesday, November 25th. BMO Capital Markets boosted their price target on shares of Take-Two Interactive Software from $252.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Finally, Wells Fargo & Company upped their price objective on shares of Take-Two Interactive Software from $270.00 to $277.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 7th. Twenty analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus price target of $266.33.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Michael Sheresky sold 182 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $235.11, for a total value of $42,790.02. Following the completion of the sale, the director directly owned 65,781 shares of the company’s stock, valued at $15,465,770.91. This trade represents a 0.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Ellen F. Siminoff sold 414 shares of the business’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $235.95, for a total value of $97,683.30. Following the completion of the sale, the director owned 2,716 shares in the company, valued at approximately $640,840.20. The trade was a 13.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,007 shares of company stock worth $247,095 in the last ninety days. 1.34% of the stock is currently owned by insiders.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.