Moody Lynn & Lieberson LLC Boosts Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Moody Lynn & Lieberson LLC raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 20.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,815 shares of the company’s stock after buying an additional 827 shares during the period. Moody Lynn & Lieberson LLC’s holdings in Take-Two Interactive Software were worth $740,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. ORG Partners LLC raised its holdings in shares of Take-Two Interactive Software by 5,533.3% in the first quarter. ORG Partners LLC now owns 169 shares of the company’s stock valued at $25,000 after acquiring an additional 166 shares in the last quarter. Crewe Advisors LLC raised its holdings in shares of Take-Two Interactive Software by 297.9% in the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after purchasing an additional 143 shares in the last quarter. UMB Bank n.a. lifted its position in shares of Take-Two Interactive Software by 155.1% in the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company’s stock worth $31,000 after purchasing an additional 121 shares during the period. Blue Trust Inc. boosted its stake in shares of Take-Two Interactive Software by 410.6% during the second quarter. Blue Trust Inc. now owns 240 shares of the company’s stock valued at $36,000 after purchasing an additional 193 shares in the last quarter. Finally, HHM Wealth Advisors LLC purchased a new position in Take-Two Interactive Software during the second quarter valued at approximately $37,000. 95.46% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TTWO has been the topic of a number of analyst reports. Bank of America reiterated a “buy” rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. Hsbc Global Res upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, August 12th. HSBC upgraded shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price target on the stock in a report on Monday, August 12th. Wedbush reiterated an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Finally, BMO Capital Markets restated an “outperform” rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a research note on Tuesday, July 30th. One equities research analyst has rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $185.60.

Insider Transactions at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 191 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $149.83, for a total transaction of $28,617.53. Following the completion of the transaction, the director now directly owns 64,378 shares in the company, valued at approximately $9,645,755.74. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Stock Performance

TTWO opened at $161.26 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.51. Take-Two Interactive Software, Inc. has a 12-month low of $130.34 and a 12-month high of $171.59. The firm has a 50 day moving average of $154.99 and a two-hundred day moving average of $152.25. The firm has a market capitalization of $28.27 billion, a PE ratio of -7.24, a P/E/G ratio of 4.63 and a beta of 0.86.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.09. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.24 billion. Take-Two Interactive Software had a negative net margin of 70.33% and a positive return on equity of 1.74%. On average, analysts anticipate that Take-Two Interactive Software, Inc. will post 1.06 EPS for the current year.

Take-Two Interactive Software Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.