Software

Take-Two Interactive Software program, Inc. (NASDAQ:TTWO) Place Elevated by Horizon Investments LLC

Take-Two Interactive Software logoHorizon Investments LLC lifted its stake in shares of Take-Two Interactive Software program, Inc. (NASDAQ:TTWO – Get Score) by 23.6% within the 1st quarter, based on the corporate in its most up-to-date 13F submitting with the Securities & Alternate Fee. The institutional investor owned 6,920 shares of the corporate’s inventory after buying an extra 1,320 shares through the quarter. Horizon Investments LLC’s holdings in Take-Two Interactive Software program had been value $1,064,000 on the finish of the latest reporting interval.

Different hedge funds have additionally modified their holdings of the corporate. Kestra Advisory Providers LLC raised its holdings in shares of Take-Two Interactive Software program by 10.3% through the first quarter. Kestra Advisory Providers LLC now owns 3,907 shares of the corporate’s inventory valued at $601,000 after buying an extra 366 shares through the interval. LPL Monetary LLC boosted its place in Take-Two Interactive Software program by 5.7% through the 4th quarter. LPL Monetary LLC now owns 23,857 shares of the corporate’s inventory value $4,240,000 after buying an extra 1,293 shares through the interval. Banque Cantonale Vaudoise grew its stake in Take-Two Interactive Software program by 383.4% through the 1st quarter. Banque Cantonale Vaudoise now owns 16,671 shares of the corporate’s inventory valued at $2,564,000 after buying an extra 13,222 shares within the final quarter. Forsta AP Fonden elevated its holdings in shares of Take-Two Interactive Software program by 4.4% within the 1st quarter. Forsta AP Fonden now owns 23,700 shares of the corporate’s inventory valued at $3,644,000 after buying an extra 1,000 shares through the interval. Lastly, AlphaCrest Capital Administration LLC lifted its place in shares of Take-Two Interactive Software program by 51.2% within the first quarter. AlphaCrest Capital Administration LLC now owns 17,663 shares of the corporate’s inventory value $2,716,000 after buying an extra 5,978 shares within the final quarter. 95.43% of the inventory is owned by hedge funds and different institutional traders.

Wall Road Analysts Forecast Progress

A variety of brokerages not too long ago commented on TTWO. Wedbush boosted their worth goal on shares of Take-Two Interactive Software program from $145.00 to $162.00 and gave the corporate an “outperform” ranking in a analysis report on Wednesday, June eighth. Ascendiant Capital Markets units a $160.00 worth goal on Take-Two Interactive Software program in a report on Monday, June twentieth. BMO Capital Markets dropped their goal worth on Take-Two Interactive Software program from $182.00 to $155.00 in a analysis report on Thursday, September 1st. Cowen dropped their worth goal on Take-Two Interactive Software program from $229.00 to $185.00 in a report on Tuesday, Might seventeenth. Lastly, Deutsche Financial institution Aktiengesellschaft downgraded shares of Take-Two Interactive Software program from a “purchase” ranking to a “maintain” ranking and decreased their goal worth for the inventory from $200.00 to $160.00 in a analysis report on Wednesday, August seventeenth. One analysis analyst has rated the inventory with a promote ranking, seven have given a maintain ranking and twelve have issued a purchase ranking to the corporate. Based mostly on information from MarketBeat, Take-Two Interactive Software program at the moment has a median ranking of “Average Purchase” and a consensus worth goal of $167.12.

Take-Two Interactive Software program Inventory Efficiency

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TTWO opened at $127.78 on Monday. The corporate has a market capitalization of $14.80 billion, a price-to-earnings ratio of 84.07, a P/E/G ratio of two.15 and a beta of 0.77. The enterprise’s 50-day shifting common worth is $125.78 and its two-hundred day shifting common worth is $131.77. Take-Two Interactive Software program, Inc. has a 1 12 months low of $101.85 and a 1 12 months excessive of $195.82. The corporate has a debt-to-equity ratio of 0.30, a present ratio of 0.92 and a fast ratio of 0.92.

Take-Two Interactive Software program (NASDAQ:TTWO – Get Score) final posted its quarterly earnings information on Monday, August eighth. The corporate reported ($0.76) EPS for the quarter, lacking analysts’ consensus estimates of $0.84 by ($1.60). The enterprise had income of $1,000.00 million for the quarter, in comparison with analyst estimates of $1.11 billion. Take-Two Interactive Software program had a return on fairness of 8.21% and a internet margin of 4.26%. The corporate’s quarterly income was up 40.6% on a year-over-year foundation. Throughout the identical quarter within the prior 12 months, the corporate earned $0.70 earnings per share. Equities analysts anticipate that Take-Two Interactive Software program, Inc. will submit 3.27 EPS for the present fiscal 12 months.

Insiders Place Their Bets

In different information, insider Daniel P. Emerson offered 3,381 shares of Take-Two Interactive Software program inventory in a transaction that occurred on Wednesday, June fifteenth. The inventory was offered at a median worth of $124.23, for a complete transaction of $420,021.63. Following the completion of the transaction, the insider now straight owns 92.191 shares within the firm, valued at roughly $11,452,887.93. The sale was disclosed in a submitting with the Securities & Alternate Fee, which is accessible by way of this hyperlink. Insiders personal 1.13% of the corporate’s inventory.

Take-Two Interactive Software program Firm Profile

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Take-Two Interactive Software program, Inc. develops, publishes, and markets interactive leisure options for customers worldwide. The corporate gives its merchandise beneath the Rockstar Video games, 2K, Personal Division, and T2 Cell Video games names. It develops and publishes motion/journey merchandise beneath the Grand Theft Auto, Max Payne, Midnight Membership, and Pink Lifeless Redemption names; and gives episodes and content material, in addition to creating manufacturers in different genres, together with the LA Noire, Bully, and Manhunt franchises.

Beneficial Tales

Need to see what different hedge funds are holding TTWO? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Take-Two Interactive Software program, Inc. (NASDAQ:TTWO – Get Score).

Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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