FinTrust Capital Advisors LLC Boosts Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

FinTrust Capital Advisors LLC grew its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 33.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 400 shares of the company’s stock after purchasing an additional 100 shares during the period. FinTrust Capital Advisors LLC’s holdings in Take-Two Interactive Software were worth $66,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TTWO. Morgan Stanley lifted its holdings in Take-Two Interactive Software by 297.7% in the first quarter. Morgan Stanley now owns 1,454,161 shares of the company’s stock valued at $172,478,000 after acquiring an additional 1,088,556 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in Take-Two Interactive Software by 30.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 23,930 shares of the company’s stock valued at $3,340,000 after acquiring an additional 5,561 shares during the last quarter. Vident Investment Advisory LLC acquired a new position in Take-Two Interactive Software in the second quarter valued at approximately $680,000. New York State Teachers Retirement System lifted its holdings in Take-Two Interactive Software by 0.5% in the second quarter. New York State Teachers Retirement System now owns 168,414 shares of the company’s stock valued at $23,506,000 after acquiring an additional 847 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its stake in Take-Two Interactive Software by 126.2% during the second quarter. Oregon Public Employees Retirement Fund now owns 23,857 shares of the company’s stock worth $3,330,000 after purchasing an additional 13,308 shares in the last quarter. Hedge funds and other institutional investors own 93.08% of the company’s stock.

Shares of TTWO stock opened at $170.05 on Friday. The stock’s 50-day moving average is $163.56 and its two-hundred day moving average is $154.41. The firm has a market cap of $19.56 billion, a price-to-earnings ratio of 43.60, a PEG ratio of 4.06 and a beta of 0.57. Take-Two Interactive Software, Inc. has a 1 year low of $100.00 and a 1 year high of $180.61.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings data on Thursday, November 5th. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $1.03. Take-Two Interactive Software had a return on equity of 28.26% and a net margin of 13.22%. The company had revenue of $957.50 million for the quarter, compared to analyst estimates of $884.68 million. During the same quarter last year, the company posted $0.63 earnings per share. The business’s quarterly revenue was up .7% compared to the same quarter last year. On average, research analysts forecast that Take-Two Interactive Software, Inc. will post 3.45 EPS for the current fiscal year.

In related news, Director Michael Sheresky sold 227 shares of the firm’s stock in a transaction dated Monday, November 16th. The stock was sold at an average price of $161.35, for a total transaction of $36,626.45. Following the transaction, the director now owns 61,158 shares of the company’s stock, valued at $9,867,843.30. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.09% of the company’s stock.

A number of research analysts have commented on the company. Morgan Stanley upped their price target on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, November 6th. The Goldman Sachs Group upped their price target on Take-Two Interactive Software from $178.00 to $199.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Truist upped their price target on Take-Two Interactive Software from $170.00 to $175.00 in a research note on Wednesday, November 11th. Deutsche Bank Aktiengesellschaft upped their price target on Take-Two Interactive Software from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Tuesday, October 13th. Finally, BidaskClub upgraded Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research note on Tuesday, October 20th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and nineteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $167.72.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead Redemption names; and offers episodes, content, and virtual currency.

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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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