Stanley Laman Group Ltd. Has $4.98 Million Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Stanley Laman Group Ltd. decreased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.2% during the 4th quarter, HoldingsChannel reports. The fund owned 30,953 shares of the company’s stock after selling 1,032 shares during the period. Stanley Laman Group Ltd.’s holdings in Take-Two Interactive Software were worth $4,982,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Ameriprise Financial Inc. grew its holdings in shares of Take-Two Interactive Software by 1.8% during the third quarter. Ameriprise Financial Inc. now owns 4,720,699 shares of the company’s stock worth $662,690,000 after purchasing an additional 84,633 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Take-Two Interactive Software by 8.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,170,470 shares of the company’s stock worth $585,492,000 after acquiring an additional 321,632 shares during the last quarter. Boston Partners grew its holdings in Take-Two Interactive Software by 10.5% during the 3rd quarter. Boston Partners now owns 2,893,303 shares of the company’s stock worth $405,792,000 after acquiring an additional 275,368 shares during the last quarter. Northern Trust Corp raised its stake in shares of Take-Two Interactive Software by 2.8% during the third quarter. Northern Trust Corp now owns 1,625,005 shares of the company’s stock valued at $228,134,000 after acquiring an additional 44,826 shares during the last quarter. Finally, Nordea Investment Management AB lifted its holdings in shares of Take-Two Interactive Software by 8.1% during the fourth quarter. Nordea Investment Management AB now owns 706,322 shares of the company’s stock worth $114,389,000 after purchasing an additional 52,976 shares during the period. Institutional investors own 95.46% of the company’s stock.

Insider Buying and Selling at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 260 shares of the business’s stock in a transaction dated 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 in the company, valued at $9,910,799.40. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Take-Two Interactive Software news, Director Michael Sheresky sold 260 shares of the company’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 transaction, the director now owns 63,645 shares in the company, valued at approximately $9,910,799.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Karl Slatoff sold 90,851 shares of Take-Two Interactive Software stock in a transaction on Friday, April 12th. The stock was sold at an average price of $148.54, for a total value of $13,495,007.54. Following the sale, the president now owns 87,286 shares in the company, valued at $12,965,462.44. The disclosure for this sale can be found here. Company insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Stock Up 0.4 %

TTWO traded up $0.60 during trading on Thursday, hitting $143.43. 1,108,864 shares of the company’s stock were exchanged, compared to its average volume of 1,650,003. The stock has a market cap of $24.47 billion, a P/E ratio of -16.72, a PEG ratio of 1.21 and a beta of 0.74. The business’s 50 day moving average is $147.50 and its two-hundred day moving average is $152.15. Take-Two Interactive Software, Inc. has a fifty-two week low of $119.57 and a fifty-two week high of $171.59. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.32.

Take-Two Interactive Software (NASDAQ:TTWO) last announced 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). The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.34 billion. Take-Two Interactive Software had a negative net margin of 26.90% and a positive return on equity of 3.03%. As a group, equities analysts expect that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on TTWO. Moffett Nathanson lowered Take-Two Interactive Software from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $169.00 to $167.00 in a research report on Monday, February 5th. Roth Mkm increased their target price on shares of Take-Two Interactive Software from $168.00 to $185.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Benchmark reaffirmed a “buy” rating and issued a $200.00 price objective on shares of Take-Two Interactive Software in a research note on Friday, April 19th. Oppenheimer reissued an “outperform” rating and set a $185.00 target price on shares of Take-Two Interactive Software in a research note on Tuesday. Finally, JPMorgan Chase & Co. cut their price target on shares of Take-Two Interactive Software from $188.00 to $180.00 and set an “overweight” rating on the stock in a research report on Friday, February 9th. One investment 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’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $177.61.

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.