Natixis lowered its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Get Rating) by 41.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,407 shares of the company’s stock after selling 33,694 shares during the period. Natixis’ holdings in Take-Two Interactive Software were worth $4,920,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Take-Two Interactive Software by 6.7% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,443 shares of the company’s stock worth $2,374,000 after buying an additional 971 shares in the last quarter. Yousif Capital Management LLC lifted its stake in shares of Take-Two Interactive Software by 1.8% in the 1st quarter. Yousif Capital Management LLC now owns 16,817 shares of the company’s stock valued at $2,585,000 after purchasing an additional 300 shares during the period. Raymond James Trust N.A. bought a new stake in shares of Take-Two Interactive Software during the first quarter valued at approximately $206,000. Dimensional Fund Advisors LP grew its stake in Take-Two Interactive Software by 1.1% in the first quarter. Dimensional Fund Advisors LP now owns 512,184 shares of the company’s stock worth $78,757,000 after purchasing an additional 5,382 shares during the period. Finally, Blair William & Co. IL raised its holdings in Take-Two Interactive Software by 3.2% in the first quarter. Blair William & Co. IL now owns 41,602 shares of the company’s stock worth $6,396,000 after purchasing an additional 1,289 shares in the last quarter. 87.72% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 6,251 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $137.88, for a total transaction of $861,887.88. Following the transaction, the insider now owns 132,296 shares of the company’s stock, valued at $18,240,972.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Daniel P. Emerson sold 6,251 shares of the stock in a transaction dated Monday, June 5th. The stock was sold at an average price of $137.88, for a total transaction of $861,887.88. Following the completion of the sale, the insider now owns 132,296 shares in the company, valued at $18,240,972.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Karl Slatoff sold 68,351 shares of the business’s stock in a transaction that occurred on Thursday, April 13th. The stock was sold at an average price of $122.12, for a total value of $8,347,024.12. Following the completion of the transaction, the president now directly owns 262,678 shares in the company, valued at $32,078,237.36. The disclosure for this sale can be found here. In the last ninety days, insiders sold 84,386 shares of company stock valued at $10,555,749. 1.13% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
Take-Two Interactive Software Stock Up 0.7 %
TTWO opened at $134.03 on Friday. The firm’s 50 day simple moving average is $127.77 and its two-hundred day simple moving average is $115.16. Take-Two Interactive Software, Inc. has a 1-year low of $90.00 and a 1-year high of $141.96. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19.
Take-Two Interactive Software (NASDAQ:TTWO – Get Rating) last announced its earnings results on Wednesday, May 17th. The company reported ($3.62) EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($4.30). The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.34 billion. Take-Two Interactive Software had a positive return on equity of 3.52% and a negative net margin of 21.02%. Take-Two Interactive Software’s revenue for the quarter was up 64.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.87 earnings per share. As a group, equities research analysts expect that Take-Two Interactive Software, Inc. will post 2.81 EPS for the current year.
Take-Two Interactive Software Profile
Take-Two Interactive Software, Inc engages in the development, publishing, and marketing of interactive software games. Its products are designed for console systems, handheld gaming systems, and personal computers, including smart phones and tablets, and are delivered through physical retail, digital download, online platforms, and cloud streaming services.
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