Everpar Advisors LLC Invests $284,000 in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Everpar Advisors LLC purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,765 shares of the company’s stock, valued at approximately $284,000.

Other hedge funds have also made changes to their positions in the company. Cary Street Partners Investment Advisory LLC increased its stake in shares of Take-Two Interactive Software by 110.7% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 177 shares of the company’s stock worth $25,000 after buying an additional 93 shares during the period. CVA Family Office LLC purchased a new stake in shares of Take-Two Interactive Software during the fourth quarter worth approximately $25,000. MCF Advisors LLC increased its stake in shares of Take-Two Interactive Software by 1,677.8% during the fourth quarter. MCF Advisors LLC now owns 160 shares of the company’s stock worth $26,000 after buying an additional 151 shares during the period. Wetzel Investment Advisors Inc. purchased a new stake in shares of Take-Two Interactive Software during the fourth quarter worth approximately $26,000. Finally, NBC Securities Inc. purchased a new stake in shares of Take-Two Interactive Software during the third quarter worth approximately $27,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on TTWO shares. Citigroup upgraded 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. Wedbush reiterated an “outperform” rating and issued a $190.00 price target on shares of Take-Two Interactive Software in a research note on Thursday, May 2nd. Stifel Nicolaus reiterated a “buy” rating and issued a $175.00 price target on shares of Take-Two Interactive Software in a research note on Monday, April 1st. Jefferies Financial Group initiated coverage on shares of Take-Two Interactive Software in a research note on Monday, April 1st. They issued a “buy” rating and a $195.00 price target on the stock. Finally, BMO Capital Markets initiated coverage on shares of Take-Two Interactive Software in a research note on Tuesday, January 9th. They issued an “outperform” rating and a $200.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $177.61.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO traded down $2.36 during mid-day trading on Wednesday, hitting $145.97. 1,230,636 shares of the company were exchanged, compared to its average volume of 1,609,852. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.32. The stock has a 50 day simple moving average of $146.48 and a 200-day simple moving average of $152.39. Take-Two Interactive Software, Inc. has a 1-year low of $121.72 and a 1-year high of $171.59. The firm has a market cap of $24.90 billion, a price-to-earnings ratio of -17.29, a price-to-earnings-growth ratio of 1.21 and a beta of 0.75.

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

Insider Buying and Selling

In related news, President Karl Slatoff sold 90,851 shares of the stock in a transaction on Friday, April 12th. The stock was sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the completion of the sale, 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 filing with the SEC, which is available through the SEC website. In other Take-Two Interactive Software news, Director Michael Sheresky sold 260 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $155.72, for a total value of $40,487.20. Following the completion of the sale, the director now owns 63,645 shares of the company’s stock, valued at $9,910,799.40. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, President Karl Slatoff sold 90,851 shares of the firm’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of $148.54, for a total value of $13,495,007.54. Following the completion of the sale, the president now directly owns 87,286 shares of the company’s stock, valued at approximately $12,965,462.44. The disclosure for this sale can be found here. Corporate insiders own 1.37% of the company’s stock.

Take-Two Interactive Software 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.