Davis R M Inc. Acquires 4,529 Shares of Take-Two Interactive Software, Inc. $TTWO

Davis R M Inc. boosted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 251,305 shares of the company’s stock after purchasing an additional 4,529 shares during the period. Take-Two Interactive Software comprises approximately 1.1% of Davis R M Inc.’s investment portfolio, making the stock its 23rd biggest position. Davis R M Inc.’s holdings in Take-Two Interactive Software were worth $64,927,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of TTWO. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Take-Two Interactive Software in the 3rd quarter valued at about $26,000. Pinnacle Bancorp Inc. acquired a new position in shares of Take-Two Interactive Software in the third quarter worth approximately $29,000. Twin Peaks Wealth Advisors LLC bought a new stake in Take-Two Interactive Software in the second quarter valued at approximately $27,000. Meeder Asset Management Inc. boosted its holdings in Take-Two Interactive Software by 216.3% in the third quarter. Meeder Asset Management Inc. now owns 136 shares of the company’s stock valued at $35,000 after acquiring an additional 93 shares during the last quarter. Finally, NewSquare Capital LLC increased its position in Take-Two Interactive Software by 55.3% during the 2nd quarter. NewSquare Capital LLC now owns 146 shares of the company’s stock valued at $35,000 after purchasing an additional 52 shares during the period. 95.46% of the stock is owned by institutional investors.

Insider Activity

In other Take-Two Interactive Software news, Director Michael Sheresky sold 155 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $194.73, for a total value of $30,183.15. Following the transaction, the director owned 65,626 shares in the company, valued at approximately $12,779,350.98. This represents a 0.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ellen F. Siminoff sold 413 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $200.00, for a total value of $82,600.00. Following the completion of the sale, the director directly owned 2,286 shares of the company’s stock, valued at $457,200. This trade represents a 15.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 982 shares of company stock valued at $214,412. 1.34% of the stock is currently owned by company insiders.

Take-Two Interactive Software Trading Down 0.8%

NASDAQ:TTWO opened at $211.48 on Monday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $39.16 billion, a price-to-earnings ratio of -9.45, a PEG ratio of 8.66 and a beta of 0.94. The firm has a fifty day simple moving average of $229.58 and a two-hundred day simple moving average of $240.26. Take-Two Interactive Software, Inc. has a 12 month low of $188.56 and a 12 month high of $264.79.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on TTWO shares. Wells Fargo & Company boosted their price target on shares of Take-Two Interactive Software from $288.00 to $301.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. Weiss Ratings reissued a “sell (d)” rating on shares of Take-Two Interactive Software in a research note on Wednesday, January 21st. Morgan Stanley upped their price target on shares of Take-Two Interactive Software from $275.00 to $280.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Benchmark reiterated a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, February 2nd. Finally, Wall Street Zen downgraded Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research note on Sunday, November 2nd. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $283.94.

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.