Epoch Investment Partners Inc. Has $29.58 Million Stock Position in Take-Two Interactive Software, Inc. $TTWO

Epoch Investment Partners Inc. decreased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 10.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 115,536 shares of the company’s stock after selling 13,702 shares during the period. Epoch Investment Partners Inc.’s holdings in Take-Two Interactive Software were worth $29,581,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. MCF Advisors LLC acquired a new position in Take-Two Interactive Software in the 4th quarter valued at approximately $25,000. GHP Investment Advisors Inc. acquired a new position in Take-Two Interactive Software in the 4th quarter valued at approximately $28,000. Rachor Investment Advisory Services LLC acquired a new position in Take-Two Interactive Software in the 4th quarter valued at approximately $34,000. True Wealth Design LLC raised its holdings in Take-Two Interactive Software by 91.9% in the 4th quarter. True Wealth Design LLC now owns 142 shares of the company’s stock valued at $36,000 after acquiring an additional 68 shares in the last quarter. Finally, AlphaQuest LLC acquired a new position in Take-Two Interactive Software in the 3rd quarter valued at approximately $41,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TTWO. Wells Fargo & Company dropped their target price on Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating for the company in a report on Friday, May 22nd. Wedbush reissued an “outperform” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a report on Tuesday, March 3rd. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. Finally, Piper Sandler reissued a “neutral” rating on shares of Take-Two Interactive Software in a report on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $287.06.

Insider Buying and Selling at Take-Two Interactive Software

In related news, CEO Strauss Zelnick sold 208,969 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $227.34, for a total transaction of $47,507,012.46. Following the sale, the chief executive officer directly owned 1,006,021 shares in the company, valued at $228,708,814.14. This represents a 17.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel P. Emerson sold 8,840 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $214.00, for a total value of $1,891,760.00. Following the sale, the insider owned 122,828 shares in the company, valued at approximately $26,285,192. This trade represents a 6.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 560,175 shares of company stock worth $126,236,057 over the last 90 days. Company insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $211.75 on Monday. Take-Two Interactive Software, Inc. has a 1 year low of $187.63 and a 1 year high of $264.79. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.71. The stock has a 50 day simple moving average of $217.25 and a 200-day simple moving average of $223.28. The stock has a market cap of $39.32 billion, a PE ratio of -130.71, a PEG ratio of 4.19 and a beta of 0.98.

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.