Amalgamated Bank has sold its interest in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) fell 0.5% during the third quarter, according to its latest disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,537 shares of the company, after selling 161 shares during the period. Amalgamated Bank’s stake in Take-Two Interactive Software was worth $5,001,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other major investors have also increased or decreased their stakes in TTWO. ORG Partners LLC increased its position in shares of Take-Two Interactive Software by 5,533.3% in the first quarter. ORG Partners LLC now owns 169 shares of the company’s stock worth $25,000 after purchasing an additional 166 shares in the last quarter. Crewe Advisors LLC grew its holdings in Take-Two Interactive Software by 297.9% in the second quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock worth $30,000 after purchasing an additional 143 shares in the last quarter. UMB Bank increased its position in shares of Take-Two Interactive Software by 155.1% during the second quarter. UMB Bank now owns 199 shares of the company’s stock worth $31,000, after purchasing an additional 121 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Take-Two Interactive Software by 410.6% during the second quarter. Blue Trust Inc. now owns 240 shares of the company, valued at $36,000, after purchasing an additional 193 shares in the last quarter. Finally, HHM Wealth Advisors LLC acquired a new stake in shares of Take-Two Interactive Software during the second quarter valued at $37,000. 95.46% of the shares are currently held by institutional investors.
Analyst upgrades and downgrades
A number of equity research analysts have commented on the company. Jefferies Financial Group raised their price target on Take-Two Interactive Software from $175.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, July 11. Morgan Stanley raised its price target on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday. TD Cowen raised their price target on shares of Take-Two Interactive Software from $173.00 to $176.00 and gave the stock a “buy” rating in a research report on Thursday. Redburn Atlantic assumed coverage on shares of Take-Two Interactive Software in a report on Thursday, August 29. They gave a Buy rating and a $194.00 price target for the company. Finally, Hsbc Global Res upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, August 12th. Two analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and a consensus target price of $188.05.
Read our latest stock analysis on Take-Two Interactive Software
Take-Two interactive software stock performance
Shares of NASDAQ TTWO opened at $179.17 on Friday. The company has a market cap of $31.40 billion, a price-to-earnings ratio of -8.04, a price-to-earnings-growth ratio of 4.98 and a beta of 0.85. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.90 and a current ratio of 0.90. The company’s fifty-day moving average price is $156.43 and its 200-day moving average price is $153.44. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $180.53.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last posted its earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.39) by $0.09. Take-Two Interactive Software had a negative net margin of 70.33% and a positive return on equity of 1.74%. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.24 billion. On average, research analysts predict that Take-Two Interactive Software, Inc. will post earnings per share of 1.01 for the current year.
Insiders place their bets
In other news, Director Michael Sheresky sold 191 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The stock sold at an average price of $149.83, for a total value of $28,617.53. Following the completion of the sale, the director now directly owns 64,378 shares in the company, valued at $9,645,755.74. The transaction represented a 0.00% decrease in their ownership of the shares. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.45% of the shares are currently owned by company insiders.
About Take-Two interactive software
(Free report)
Take-Two Interactive Software, Inc develops, publishes and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the names Grand Theft Auto, LA Noire, Max Payne, Midnight Club and Red Dead Redemption, as well as other franchises.
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