Capital International Inc. CA Has $17.05 Million Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Capital International Inc. CA trimmed its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 17.9% during the first quarter, Holdings Channel reports. The firm owned 114,797 shares of the company’s stock after selling 25,057 shares during the quarter. Capital International Inc. CA’s holdings in Take-Two Interactive Software were worth $17,046,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CX Institutional acquired a new position in Take-Two Interactive Software during the 4th quarter worth approximately $179,000. HB Wealth Management LLC raised its stake in Take-Two Interactive Software by 23.3% during the 4th quarter. HB Wealth Management LLC now owns 2,233 shares of the company’s stock worth $359,000 after buying an additional 422 shares during the period. CVA Family Office LLC acquired a new position in Take-Two Interactive Software during the 4th quarter worth approximately $25,000. Pacer Advisors Inc. raised its stake in Take-Two Interactive Software by 30.6% during the 4th quarter. Pacer Advisors Inc. now owns 13,174 shares of the company’s stock worth $2,120,000 after buying an additional 3,087 shares during the period. Finally, Assenagon Asset Management S.A. raised its stake in Take-Two Interactive Software by 349.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 115,699 shares of the company’s stock worth $18,622,000 after buying an additional 89,931 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Michael Sheresky sold 218 shares of the stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $167.12, for a total value of $36,432.16. Following the sale, the director now owns 64,173 shares in the company, valued at $10,724,591.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Take-Two Interactive Software news, Director Jon J. Moses sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $151.25, for a total transaction of $378,125.00. Following the sale, the director now owns 21,981 shares in the company, valued at $3,324,626.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael Sheresky sold 218 shares of the firm’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $167.12, for a total value of $36,432.16. Following the sale, the director now owns 64,173 shares in the company, valued at approximately $10,724,591.76. The disclosure for this sale can be found here. 1.37% of the stock is currently owned by company insiders.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO traded up $0.44 on Friday, hitting $150.75. 1,358,940 shares of the stock traded hands, compared to its average volume of 1,649,677. The business’s fifty day moving average is $155.62 and its two-hundred day moving average is $153.08. Take-Two Interactive Software, Inc. has a 12 month low of $130.34 and a 12 month high of $171.59. The firm has a market capitalization of $25.83 billion, a price-to-earnings ratio of -6.86, a PEG ratio of 4.89 and a beta of 0.84. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.94 and a current ratio of 0.94.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings data on Thursday, May 16th. The company reported ($17.02) earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter last year, the business posted $0.47 EPS. The company’s quarterly revenue was down 3.2% on a year-over-year basis. As a group, equities analysts anticipate that Take-Two Interactive Software, Inc. will post 0.96 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently weighed in on TTWO shares. Benchmark reaffirmed a “buy” rating and set a $200.00 price target on shares of Take-Two Interactive Software in a research note on Friday, May 17th. Morgan Stanley upped their price target on Take-Two Interactive Software from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Tuesday. HSBC lowered Take-Two Interactive Software from a “buy” rating to a “hold” rating and set a $154.00 price objective for the company. in a report on Friday, May 17th. Oppenheimer reissued an “outperform” rating and set a $185.00 price objective on shares of Take-Two Interactive Software in a report on Tuesday, April 23rd. Finally, JPMorgan Chase & Co. boosted their price objective on Take-Two Interactive Software from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, June 6th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nineteen have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $178.96.

Take-Two Interactive Software Company 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.