Oregon Public Employees Retirement Fund Has $5.13 Million Stock Position in Take-Two Interactive Software, Inc. $TTWO

Oregon Public Employees Retirement Fund grew its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 35.9% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 19,838 shares of the company’s stock after buying an additional 5,236 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Take-Two Interactive Software were worth $5,125,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in TTWO. Private Trust Co. NA raised its holdings in Take-Two Interactive Software by 27.1% in the 3rd quarter. Private Trust Co. NA now owns 183 shares of the company’s stock valued at $47,000 after acquiring an additional 39 shares in the last quarter. Miracle Mile Advisors LLC increased its position in shares of Take-Two Interactive Software by 0.5% during the third quarter. Miracle Mile Advisors LLC now owns 7,727 shares of the company’s stock valued at $1,996,000 after purchasing an additional 39 shares during the period. Mather Group LLC. raised its stake in shares of Take-Two Interactive Software by 2.7% in the third quarter. Mather Group LLC. now owns 1,484 shares of the company’s stock valued at $383,000 after purchasing an additional 39 shares in the last quarter. Blue Trust Inc. lifted its position in Take-Two Interactive Software by 42.9% in the third quarter. Blue Trust Inc. now owns 150 shares of the company’s stock worth $39,000 after purchasing an additional 45 shares during the period. Finally, STF Management LP lifted its position in Take-Two Interactive Software by 1.8% in the second quarter. STF Management LP now owns 2,616 shares of the company’s stock worth $635,000 after purchasing an additional 46 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Trading Down 0.7%

TTWO stock opened at $250.71 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.73. Take-Two Interactive Software, Inc. has a twelve month low of $177.35 and a twelve month high of $264.79. The company has a market cap of $46.33 billion, a P/E ratio of -11.10, a PEG ratio of 4.00 and a beta of 0.92. The business has a fifty day moving average of $246.50 and a 200-day moving average of $243.49.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Thursday, November 6th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period in the prior year, the business posted ($2.08) earnings per share. Take-Two Interactive Software’s revenue was up 33.3% compared to the same quarter last year. As a group, equities research analysts expect that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. DA Davidson raised their price objective on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. CICC Research initiated coverage on shares of Take-Two Interactive Software in a research note on Tuesday, September 30th. They set an “outperform” rating and a $272.00 price target for the company. Wedbush lifted their price objective on Take-Two Interactive Software from $290.00 to $300.00 and gave the company an “outperform” rating in a report on Friday, November 7th. UBS Group cut Take-Two Interactive Software from a “buy” rating to a “hold” rating in a report on Tuesday, November 25th. Finally, Wall Street Zen lowered Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research note on Sunday, November 2nd. Twenty research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and an average price target of $266.86.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Ellen F. Siminoff sold 414 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $235.95, for a total value of $97,683.30. Following the completion of the transaction, the director directly owned 2,716 shares of the company’s stock, valued at approximately $640,840.20. The trade was a 13.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael Sheresky sold 182 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $235.11, for a total value of $42,790.02. Following the completion of the transaction, the director owned 65,781 shares of the company’s stock, valued at $15,465,770.91. This represents a 0.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,007 shares of company stock valued at $247,095 in the last three months. 1.34% of the stock is owned by company insiders.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.