GAMMA Investing LLC Purchases Shares of 1,017 Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

GAMMA Investing LLC purchased a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the fourth quarter, Holdings Channel reports. The firm purchased 1,017 shares of the company’s stock, valued at approximately $168,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Parkside Financial Bank & Trust grew its stake in shares of Take-Two Interactive Software by 34.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 340 shares of the company’s stock worth $55,000 after acquiring an additional 88 shares in the last quarter. National Wealth Management Group LLC bought a new stake in shares of Take-Two Interactive Software in the 4th quarter worth $453,000. Illinois Municipal Retirement Fund grew its stake in shares of Take-Two Interactive Software by 101.5% in the 4th quarter. Illinois Municipal Retirement Fund now owns 46,513 shares of the company’s stock worth $7,486,000 after acquiring an additional 23,433 shares in the last quarter. California Public Employees Retirement System grew its stake in shares of Take-Two Interactive Software by 1.0% in the 4th quarter. California Public Employees Retirement System now owns 304,294 shares of the company’s stock worth $48,976,000 after acquiring an additional 3,148 shares in the last quarter. Finally, MCF Advisors LLC grew its stake in shares of Take-Two Interactive Software by 1,677.8% in the 4th quarter. MCF Advisors LLC now owns 160 shares of the company’s stock worth $26,000 after acquiring an additional 151 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

NASDAQ TTWO opened at $144.47 on Friday. Take-Two Interactive Software, Inc. has a 52 week low of $119.57 and a 52 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. The firm’s 50-day simple moving average is $147.33 and its two-hundred day simple moving average is $152.16.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Thursday, February 8th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.02). Take-Two Interactive Software had a negative net margin of 26.90% and a positive return on equity of 3.03%. The business had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Research analysts predict that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current year.

Analysts Set New Price Targets

TTWO has been the subject of several recent analyst reports. Oppenheimer reiterated an “outperform” rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a research note on Tuesday. Benchmark reiterated a “buy” rating and issued a $200.00 target price on shares of Take-Two Interactive Software in a research note on Friday, April 19th. Wedbush reiterated an “outperform” rating and issued a $190.00 target price on shares of Take-Two Interactive Software in a research note on Wednesday, April 17th. Moffett Nathanson downgraded shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and cut their price target for the stock from $169.00 to $167.00 in a report on Monday, February 5th. Finally, Wells Fargo & Company boosted their price target on shares of Take-Two Interactive Software from $170.00 to $193.00 and gave the stock an “overweight” rating in a report on Thursday, February 1st. 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $177.61.

Insider Transactions at Take-Two Interactive Software

In other news, President Karl Slatoff sold 90,851 shares of the stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $148.54, for a total value of $13,495,007.54. Following the sale, the president now directly owns 87,286 shares of the company’s stock, valued at $12,965,462.44. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, President Karl Slatoff sold 90,851 shares of the stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $148.54, for a total value of $13,495,007.54. Following the sale, the president now directly owns 87,286 shares of the company’s stock, valued at $12,965,462.44. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Michael Sheresky sold 260 shares of the stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $155.72, for a total transaction of $40,487.20. Following the completion of the sale, the director now directly owns 63,645 shares in the company, valued at $9,910,799.40. The disclosure for this sale can be found here. Insiders own 1.37% of the company’s stock.

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.