Mount Yale Investment Advisors LLC Sells 121 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Mount Yale Investment Advisors LLC trimmed its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,462 shares of the company’s stock after selling 121 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Take-Two Interactive Software were worth $1,108,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. United Asset Strategies Inc. purchased a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $1,527,000. TD Asset Management Inc raised its position in shares of Take-Two Interactive Software by 269.8% during the 4th quarter. TD Asset Management Inc now owns 495,177 shares of the company’s stock worth $79,699,000 after acquiring an additional 361,273 shares in the last quarter. Secured Retirement Advisors LLC purchased a new stake in Take-Two Interactive Software during the fourth quarter worth approximately $953,000. Nordea Investment Management AB increased its stake in Take-Two Interactive Software by 3.5% in the first quarter. Nordea Investment Management AB now owns 731,045 shares of the company’s stock valued at $109,182,000 after purchasing an additional 24,723 shares during the last quarter. Finally, QRG Capital Management Inc. raised its holdings in Take-Two Interactive Software by 169.7% during the first quarter. QRG Capital Management Inc. now owns 14,425 shares of the company’s stock worth $2,142,000 after purchasing an additional 9,076 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Insider Buying and Selling at Take-Two Interactive Software

In related news, Director Jon J. Moses sold 2,500 shares of Take-Two Interactive Software stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $151.25, for a total transaction of $378,125.00. Following the completion of the sale, the director now owns 21,981 shares in the company, valued at approximately $3,324,626.25. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, Director Michael Sheresky sold 218 shares of Take-Two Interactive Software stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $167.12, for a total value of $36,432.16. Following the completion of the sale, the director now owns 64,173 shares of the company’s stock, valued at $10,724,591.76. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jon J. Moses sold 2,500 shares of the stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $151.25, for a total value of $378,125.00. Following the transaction, the director now owns 21,981 shares in the company, valued at $3,324,626.25. The disclosure for this sale can be found here. 1.37% of the stock is owned by insiders.

Take-Two Interactive Software Price Performance

Shares of TTWO stock traded down $0.04 during mid-day trading on Monday, reaching $150.70. The stock had a trading volume of 1,278,578 shares, compared to its average volume of 1,647,102. The company has a market cap of $26.41 billion, a P/E ratio of -6.86, a price-to-earnings-growth ratio of 4.02 and a beta of 0.84. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a 12-month low of $130.34 and a 12-month high of $171.59. The business has a 50-day simple moving average of $155.62 and a 200 day simple moving average of $152.99.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its earnings results on Thursday, May 16th. The company reported ($17.02) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($17.09). Take-Two Interactive Software had a negative net margin of 69.99% and a positive return on equity of 2.19%. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter last year, the business posted $0.47 earnings per share. The business’s revenue was down 3.2% compared to the same quarter last year. On average, sell-side analysts anticipate that Take-Two Interactive Software, Inc. will post 1.15 earnings per share for the current year.

Analysts Set New Price Targets

TTWO has been the topic of several research reports. HSBC lowered Take-Two Interactive Software from a “buy” rating to a “hold” rating and set a $154.00 price objective on the stock. in a report on Friday, May 17th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $175.00 target price on shares of Take-Two Interactive Software in a report on Monday, April 1st. Morgan Stanley raised their price objective on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 23rd. Oppenheimer reaffirmed an “outperform” rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a report on Tuesday, April 23rd. Finally, Roth Mkm dropped their price target on Take-Two Interactive Software from $185.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, May 17th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $178.96.

Take-Two Interactive Software Profile

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.