Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Stake Boosted by Fulton Bank N.A.

Fulton Bank N.A. increased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 29.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,928 shares of the company’s stock after purchasing an additional 904 shares during the quarter. Fulton Bank N.A.’s holdings in Take-Two Interactive Software were worth $611,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. ORG Partners LLC increased its stake in Take-Two Interactive Software by 5,533.3% in the 1st quarter. ORG Partners LLC now owns 169 shares of the company’s stock worth $25,000 after purchasing an additional 166 shares in the last quarter. MCF Advisors LLC grew its stake in Take-Two Interactive Software by 1,677.8% during the 4th quarter. MCF Advisors LLC now owns 160 shares of the company’s stock valued at $26,000 after acquiring an additional 151 shares in the last quarter. Wetzel Investment Advisors Inc. purchased a new position in Take-Two Interactive Software during the 4th quarter valued at about $26,000. Pin Oak Investment Advisors Inc. grew its stake in Take-Two Interactive Software by 485.7% during the 4th quarter. Pin Oak Investment Advisors Inc. now owns 164 shares of the company’s stock valued at $26,000 after acquiring an additional 136 shares in the last quarter. Finally, Connectus Wealth LLC grew its stake in Take-Two Interactive Software by 903.8% during the 4th quarter. Connectus Wealth LLC now owns 192,484 shares of the company’s stock valued at $31,000 after acquiring an additional 173,308 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on TTWO. HSBC cut Take-Two Interactive Software from a “buy” rating to a “hold” rating and set a $154.00 target price on the stock. in a research note on Friday, May 17th. Jefferies Financial Group boosted their price target on Take-Two Interactive Software from $175.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, July 11th. JPMorgan Chase & Co. boosted their price target on Take-Two Interactive Software from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, June 6th. Oppenheimer reissued an “outperform” rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a research note on Tuesday, April 23rd. Finally, Robert W. Baird lowered their price target on Take-Two Interactive Software from $173.00 to $172.00 and set an “outperform” rating for the company in a research note on Monday, May 20th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nineteen have given a buy rating to the company. Based on data from MarketBeat.com, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and a consensus price target of $178.30.

Take-Two Interactive Software Trading Down 2.3 %

Shares of TTWO traded down $3.18 during trading hours on Wednesday, hitting $136.93. 1,143,881 shares of the stock traded hands, compared to its average volume of 1,644,653. 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 1-year low of $130.34 and a 1-year high of $171.59. The firm has a market capitalization of $23.47 billion, a PE ratio of -6.37, a price-to-earnings-growth ratio of 4.20 and a beta of 0.84. The business has a fifty day moving average of $154.60 and a 200-day moving average of $152.22.

Take-Two Interactive Software (NASDAQ:TTWO) last released 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 company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period in the previous year, the company posted $0.47 EPS. The company’s quarterly revenue was down 3.2% compared to the same quarter last year. Analysts expect that Take-Two Interactive Software, Inc. will post 1.05 EPS for the current year.

Insider Buying and Selling at Take-Two Interactive Software

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

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.