Lindbrook Capital LLC Has $372,000 Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Lindbrook Capital LLC lifted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) by 5.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,312 shares of the company’s stock after acquiring an additional 112 shares during the period. Lindbrook Capital LLC’s holdings in Take-Two Interactive Software were worth $372,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. abrdn plc increased its position in shares of Take-Two Interactive Software by 71.1% during the fourth quarter. abrdn plc now owns 68,601 shares of the company’s stock worth $11,041,000 after acquiring an additional 28,498 shares in the last quarter. Hunter Associates Investment Management LLC increased its position in shares of Take-Two Interactive Software by 1.6% during the fourth quarter. Hunter Associates Investment Management LLC now owns 9,749 shares of the company’s stock worth $1,571,000 after acquiring an additional 152 shares in the last quarter. Wetzel Investment Advisors Inc. bought a new stake in shares of Take-Two Interactive Software during the fourth quarter worth $26,000. Cornerstone Investment Partners LLC increased its position in shares of Take-Two Interactive Software by 5,801.5% during the fourth quarter. Cornerstone Investment Partners LLC now owns 199,765 shares of the company’s stock worth $32,152,000 after acquiring an additional 196,380 shares in the last quarter. Finally, Federated Hermes Inc. grew its position in Take-Two Interactive Software by 7.8% in the fourth quarter. Federated Hermes Inc. now owns 48,369 shares of the company’s stock valued at $7,785,000 after purchasing an additional 3,487 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Insider Activity

In other news, President Karl Slatoff sold 90,851 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $148.54, for a total value of $13,495,007.54. Following the completion of the transaction, the president now directly owns 87,286 shares in the company, valued at approximately $12,965,462.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Michael Sheresky sold 260 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $155.72, for a total transaction of $40,487.20. Following the sale, the director now directly owns 63,645 shares of the company’s stock, valued at approximately $9,910,799.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, President Karl Slatoff sold 90,851 shares of Take-Two Interactive Software stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the sale, the president now directly owns 87,286 shares in the company, valued at $12,965,462.44. The disclosure for this sale can be found here. Corporate insiders own 1.37% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO opened at $140.60 on Monday. The firm has a 50 day moving average of $148.57 and a 200-day moving average of $152.27. The stock has a market capitalization of $23.98 billion, a PE ratio of -16.39, a PEG ratio of 1.20 and a beta of 0.74. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.32. Take-Two Interactive Software, Inc. has a 12 month low of $119.57 and a 12 month high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWOGet Free Report) last issued its earnings results on Thursday, February 8th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.02). The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.34 billion. Take-Two Interactive Software had a negative net margin of 26.90% and a positive return on equity of 3.03%. On average, equities research analysts predict that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. The Goldman Sachs Group raised their target price on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, January 19th. Wells Fargo & Company raised their target price on shares of Take-Two Interactive Software from $170.00 to $193.00 and gave the company an “overweight” rating in a research report on Thursday, February 1st. Benchmark reaffirmed a “buy” rating and issued a $200.00 target price on shares of Take-Two Interactive Software in a research report on Friday. Jefferies Financial Group initiated coverage on shares of Take-Two Interactive Software in a research report on Monday, April 1st. They issued a “buy” rating and a $195.00 target price for the company. Finally, BMO Capital Markets initiated coverage on shares of Take-Two Interactive Software in a research report on Tuesday, January 9th. They issued an “outperform” rating and a $200.00 price objective for the company. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have issued a buy rating to the company. According to MarketBeat, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average price target of $176.39.

Check Out Our Latest Research Report on TTWO

About Take-Two Interactive Software

(Free Report)

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.

See Also

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

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