Deroy & Devereaux Private Investment Counsel Inc. Purchases 205 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Deroy & Devereaux Private Investment Counsel Inc. increased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,569 shares of the company’s stock after acquiring an additional 205 shares during the period. Deroy & Devereaux Private Investment Counsel Inc.’s holdings in Take-Two Interactive Software were worth $4,852,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of TTWO. Wealth Enhancement Advisory Services LLC increased its position in shares of Take-Two Interactive Software by 6.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 15,834 shares of the company’s stock valued at $2,351,000 after purchasing an additional 960 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in Take-Two Interactive Software by 0.6% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 423,967 shares of the company’s stock worth $62,955,000 after buying an additional 2,482 shares during the last quarter. Commonwealth Equity Services LLC raised its position in Take-Two Interactive Software by 25.2% in the first quarter. Commonwealth Equity Services LLC now owns 7,837 shares of the company’s stock worth $1,164,000 after acquiring an additional 1,577 shares during the period. Norden Group LLC boosted its stake in Take-Two Interactive Software by 120.9% in the first quarter. Norden Group LLC now owns 5,044 shares of the company’s stock valued at $749,000 after acquiring an additional 2,761 shares during the last quarter. Finally, Retirement Systems of Alabama boosted its stake in Take-Two Interactive Software by 0.4% in the first quarter. Retirement Systems of Alabama now owns 34,999 shares of the company’s stock valued at $5,197,000 after acquiring an additional 141 shares during the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. lowered their price target on shares of Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating on the stock in a report on Tuesday, October 22nd. Benchmark boosted their target price on Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, August 21st. Stifel Nicolaus increased their price target on Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a “buy” rating in a research note on Thursday, September 5th. Morgan Stanley boosted their price objective on Take-Two Interactive Software from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Tuesday, July 23rd. Finally, Hsbc Global Res raised shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, August 12th. One equities research analyst has rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $187.21.

Take-Two Interactive Software Price Performance

TTWO stock opened at $161.72 on Friday. The company’s 50 day moving average is $155.70 and its 200 day moving average is $152.60. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.90 and a current ratio of 0.90. Take-Two Interactive Software, Inc. has a 1-year low of $132.17 and a 1-year high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.30) EPS for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.09. The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations 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%. Analysts expect that Take-Two Interactive Software, Inc. will post 1.01 EPS for the current fiscal year.

Insider Activity at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 191 shares of the company’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $149.83, for a total value 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 represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.45% of the stock is owned by insiders.

Take-Two Interactive Software Company 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.