Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Purchased by Pin Oak Investment Advisors Inc.

Pin Oak Investment Advisors Inc. boosted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 485.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164 shares of the company’s stock after buying an additional 136 shares during the period. Pin Oak Investment Advisors Inc.’s holdings in Take-Two Interactive Software were worth $26,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. increased 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 valued at $662,690,000 after acquiring an additional 84,633 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Take-Two Interactive Software by 12.5% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,691,926 shares of the company’s stock worth $755,165,000 after buying an additional 521,456 shares during the last quarter. Norges Bank acquired a new stake in shares of Take-Two Interactive Software during the fourth quarter worth $350,811,000. Northern Trust Corp grew its holdings 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 buying an additional 44,826 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Take-Two Interactive Software by 3.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,213,990 shares of the company’s stock valued at $195,397,000 after acquiring an additional 42,860 shares during the period. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TTWO has been the topic of several research analyst reports. Oppenheimer reiterated an “outperform” rating and set a $185.00 price target on shares of Take-Two Interactive Software in a research note on Tuesday, April 23rd. JPMorgan Chase & Co. lifted their price objective on shares of Take-Two Interactive Software from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, June 6th. Jefferies Financial Group cut their price objective on shares of Take-Two Interactive Software from $195.00 to $175.00 and set a “buy” rating on the stock in a research note on Friday, May 17th. Wedbush restated an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software in a research report on Friday, May 17th. Finally, Roth Mkm cut their price target on Take-Two Interactive Software from $185.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, May 17th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nineteen have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $178.09.

Take-Two Interactive Software Price Performance

TTWO stock traded down $2.03 during midday trading on Tuesday, reaching $158.51. The stock had a trading volume of 1,831,584 shares, compared to its average volume of 1,690,553. Take-Two Interactive Software, Inc. has a 52-week low of $130.34 and a 52-week high of $171.59. The company has a market cap of $27.17 billion, a price-to-earnings ratio of -7.21, a price-to-earnings-growth ratio of 7.71 and a beta of 0.84. The company’s fifty day simple moving average is $150.23 and its 200 day simple moving average is $154.10. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.54.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Thursday, May 16th. The company reported ($17.02) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($17.09). The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.31 billion. Take-Two Interactive Software had a negative net margin of 69.99% and a positive return on equity of 2.19%. The firm’s revenue was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.47 EPS. As a group, sell-side analysts predict that Take-Two Interactive Software, Inc. will post 0.92 earnings per share for the current fiscal year.

Insider Activity

In related news, President Karl Slatoff sold 90,851 shares of the stock in a transaction that occurred 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 completion of the transaction, the president now directly owns 87,286 shares in the company, valued at $12,965,462.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Michael Sheresky sold 218 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $167.12, for a total value of $36,432.16. Following the completion of the transaction, the director now owns 64,173 shares of the company’s stock, valued at $10,724,591.76. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, President Karl Slatoff sold 90,851 shares of the stock in a transaction that occurred 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 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. In the last quarter, insiders have sold 93,569 shares of company stock valued at $13,909,565. 1.37% of the stock is currently owned by insiders.

About Take-Two Interactive Software

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.