2,817 Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Acquired by National Wealth Management Group LLC

National Wealth Management Group LLC acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 2,817 shares of the company’s stock, valued at approximately $453,000.

Several other institutional investors have also recently bought and sold shares of TTWO. Tectonic Advisors LLC grew its holdings in shares of Take-Two Interactive Software by 4.2% in the 4th quarter. Tectonic Advisors LLC now owns 1,712 shares of the company’s stock valued at $276,000 after buying an additional 69 shares during the period. Drive Wealth Management LLC boosted its stake in Take-Two Interactive Software by 4.5% in the 4th quarter. Drive Wealth Management LLC now owns 1,606 shares of the company’s stock worth $258,000 after purchasing an additional 69 shares during the period. Belpointe Asset Management LLC boosted its stake in Take-Two Interactive Software by 3.7% in the 3rd quarter. Belpointe Asset Management LLC now owns 1,986 shares of the company’s stock worth $279,000 after purchasing an additional 70 shares during the period. Massmutual Trust Co. FSB ADV boosted its stake in Take-Two Interactive Software by 14.8% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 543 shares of the company’s stock worth $87,000 after purchasing an additional 70 shares during the period. Finally, Moody Lynn & Lieberson LLC boosted its stake in Take-Two Interactive Software by 2.7% in the 4th quarter. Moody Lynn & Lieberson LLC now owns 3,492 shares of the company’s stock worth $562,000 after purchasing an additional 91 shares during the period. Institutional investors own 95.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on TTWO shares. Citigroup raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and upped their target price for the stock from $170.00 to $200.00 in a research note on Monday, April 8th. The Goldman Sachs Group upped their target price on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, January 19th. Moffett Nathanson cut shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and cut their price target for the stock from $169.00 to $167.00 in a research report on Monday, February 5th. Benchmark reissued a “buy” rating and set a $200.00 price target on shares of Take-Two Interactive Software in a research report on Friday. Finally, Wedbush reissued an “outperform” rating and set a $190.00 price target on shares of Take-Two Interactive Software in a research report on Wednesday, April 17th. One analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have given 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 price target of $176.39.

Take-Two Interactive Software Stock Performance

TTWO stock traded down $0.64 during mid-day trading on Monday, hitting $139.96. 1,161,549 shares of the company were exchanged, compared to its average volume of 1,670,217. The business has a 50 day simple moving average of $148.27 and a 200-day simple moving average of $152.27. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $23.88 billion, a PE ratio of -16.31, a price-to-earnings-growth ratio of 1.20 and a beta of 0.74. Take-Two Interactive Software, Inc. has a 1-year low of $119.57 and a 1-year high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.02). The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.34 billion. Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. On average, equities analysts forecast that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Michael Sheresky sold 260 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $155.72, for a total transaction of $40,487.20. Following the transaction, the director now directly owns 63,645 shares of the company’s stock, valued at $9,910,799.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, President Karl Slatoff sold 90,851 shares of the firm’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 transaction of $13,495,007.54. Following the transaction, the president now directly 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 Michael Sheresky sold 260 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $155.72, for a total transaction of $40,487.20. Following the transaction, the director now directly owns 63,645 shares in the company, valued at $9,910,799.40. The disclosure for this sale can be found here. Company insiders own 1.37% of the company’s stock.

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.