AGF Management Ltd. Has $18.82 Million Stock Holdings in Take-Two Interactive Software, Inc. $TTWO

AGF Management Ltd. grew its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 33.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 72,828 shares of the company’s stock after buying an additional 18,119 shares during the period. AGF Management Ltd.’s holdings in Take-Two Interactive Software were worth $18,816,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Integrated Wealth Concepts LLC acquired a new stake in Take-Two Interactive Software in the first quarter worth about $425,000. Empowered Funds LLC boosted its stake in shares of Take-Two Interactive Software by 13.2% in the 1st quarter. Empowered Funds LLC now owns 3,322 shares of the company’s stock valued at $688,000 after purchasing an additional 388 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of Take-Two Interactive Software by 118.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 304 shares of the company’s stock worth $63,000 after buying an additional 165 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in shares of Take-Two Interactive Software during the second quarter worth approximately $232,000. Finally, Ameritas Advisory Services LLC bought a new stake in shares of Take-Two Interactive Software during the second quarter worth approximately $66,000. Institutional investors own 95.46% of the company’s stock.

Insider Buying and Selling at Take-Two Interactive Software

In related news, Director Ellen F. Siminoff sold 414 shares of the firm’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $245.48, for a total value of $101,628.72. Following the transaction, the director owned 2,429 shares in the company, valued at approximately $596,270.92. This trade represents a 14.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael Sheresky sold 182 shares of the stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $235.11, for a total transaction of $42,790.02. Following the sale, the director owned 65,781 shares in the company, valued at $15,465,770.91. The trade was a 0.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,010 shares of company stock worth $242,102. 1.34% of the stock is currently owned by insiders.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $221.81 on Tuesday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.73. The stock’s 50 day moving average is $246.30 and its 200-day moving average is $243.64. Take-Two Interactive Software, Inc. has a 12 month low of $181.86 and a 12 month high of $264.79. The company has a market capitalization of $40.99 billion, a price-to-earnings ratio of -9.82, a PEG ratio of 3.51 and a beta of 0.92.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its earnings results on Thursday, November 6th. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.13. Take-Two Interactive Software had a positive return on equity of 12.49% and a negative net margin of 64.26%.The company had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter last year, the firm earned ($2.08) earnings per share. The company’s revenue was up 33.3% on a year-over-year basis. Equities research analysts expect that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. UBS Group increased their price target on Take-Two Interactive Software from $292.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. DA Davidson increased their target price on Take-Two Interactive Software from $270.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Morgan Stanley increased their target price on Take-Two Interactive Software from $275.00 to $280.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Wells Fargo & Company upped their price target on Take-Two Interactive Software from $277.00 to $288.00 and gave the stock an “overweight” rating in a research report on Thursday, January 8th. Finally, Wall Street Zen downgraded shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research note on Sunday, November 2nd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Take-Two Interactive Software has an average rating of “Moderate Buy” and a consensus price target of $273.11.

Take-Two Interactive Software Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.