Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust Takes Position in Take-Two Interactive Software, Inc. $TTWO

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust bought a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 35,111 shares of the company’s stock, valued at approximately $8,989,000. Take-Two Interactive Software makes up about 2.4% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s investment portfolio, making the stock its 18th largest holding.

Other large investors have also recently modified their holdings of the company. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at about $26,000. GHP Investment Advisors Inc. bought a new stake in Take-Two Interactive Software during the fourth quarter worth about $28,000. Rachor Investment Advisory Services LLC bought a new stake in Take-Two Interactive Software during the fourth quarter worth about $34,000. True Wealth Design LLC boosted its stake in Take-Two Interactive Software by 91.9% during the fourth quarter. True Wealth Design LLC now owns 142 shares of the company’s stock worth $36,000 after acquiring an additional 68 shares in the last quarter. Finally, AlphaQuest LLC bought a new stake in Take-Two Interactive Software during the third quarter worth about $41,000. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Down 1.0%

Shares of Take-Two Interactive Software stock opened at $218.46 on Thursday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.14 and a current ratio of 1.24. The stock has a market capitalization of $40.45 billion, a PE ratio of -134.85, a price-to-earnings-growth ratio of 3.37 and a beta of 0.97. Take-Two Interactive Software, Inc. has a 52-week low of $187.63 and a 52-week high of $264.79. The company has a 50-day simple moving average of $212.74 and a two-hundred day simple moving average of $225.01.

Insider Activity

In other Take-Two Interactive Software news, Director Michael Dornemann sold 1,390 shares of Take-Two Interactive Software stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $213.09, for a total value of $296,195.10. Following the completion of the transaction, the director directly owned 21,525 shares of the company’s stock, valued at approximately $4,586,762.25. The trade was a 6.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ellen F. Siminoff sold 413 shares of Take-Two Interactive Software stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $207.66, for a total transaction of $85,763.58. Following the completion of the transaction, the director directly owned 2,000 shares of the company’s stock, valued at $415,320. This trade represents a 17.12% 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 a total of 63,026 shares of company stock valued at $13,503,428 over the last ninety days. 1.34% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. DA Davidson reissued a “buy” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, February 4th. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Friday, May 22nd. Raymond James Financial raised shares of Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price objective on the stock in a research note on Tuesday, February 10th. Zacks Research lowered shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. Finally, Wedbush reissued an “outperform” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a research note on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $287.53.

Take-Two Interactive Software Company 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.