Stanley Laman Group Ltd. Has $4.98 Million Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Stanley Laman Group Ltd. decreased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 30,953 shares of the company’s stock after selling 1,032 shares during the quarter. Stanley Laman Group Ltd.’s holdings in Take-Two Interactive Software were worth $4,982,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in TTWO. HB Wealth Management LLC raised its holdings in Take-Two Interactive Software by 28.8% in the 3rd quarter. HB Wealth Management LLC now owns 1,811 shares of the company’s stock valued at $254,000 after acquiring an additional 405 shares in the last quarter. Park Place Capital Corp lifted its position in Take-Two Interactive Software by 24.5% in the third quarter. Park Place Capital Corp now owns 777 shares of the company’s stock worth $109,000 after purchasing an additional 153 shares during the period. Caprock Group LLC boosted its stake in Take-Two Interactive Software by 19.2% during the third quarter. Caprock Group LLC now owns 3,040 shares of the company’s stock worth $427,000 after buying an additional 490 shares in the last quarter. Oak Thistle LLC increased its holdings in Take-Two Interactive Software by 119.9% in the 3rd quarter. Oak Thistle LLC now owns 4,861 shares of the company’s stock valued at $682,000 after buying an additional 2,650 shares during the period. Finally, Czech National Bank raised its stake in shares of Take-Two Interactive Software by 47.1% in the 3rd quarter. Czech National Bank now owns 27,605 shares of the company’s stock valued at $3,875,000 after buying an additional 8,838 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Activity at Take-Two Interactive Software

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

Analysts Set New Price Targets

Several brokerages have recently weighed in on TTWO. Citigroup upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their target price for the company from $170.00 to $200.00 in a research report on Monday, April 8th. Benchmark restated a “buy” rating and set a $200.00 target price on shares of Take-Two Interactive Software in a research report on Friday, April 19th. Roth Mkm boosted their price target on Take-Two Interactive Software from $168.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, February 9th. Wedbush reiterated an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, April 17th. Finally, BMO Capital Markets assumed coverage on Take-Two Interactive Software in a report on Tuesday, January 9th. They set an “outperform” rating and a $200.00 price objective for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eighteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $177.61.

Take-Two Interactive Software Trading Up 0.4 %

NASDAQ TTWO traded up $0.60 on Thursday, reaching $143.43. The company had a trading volume of 1,108,864 shares, compared to its average volume of 1,650,003. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.32. Take-Two Interactive Software, Inc. has a 52 week low of $119.57 and a 52 week high of $171.59. The stock has a market cap of $24.47 billion, a price-to-earnings ratio of -16.72, a PEG ratio of 1.21 and a beta of 0.74. The stock’s 50 day moving average is $147.50 and its 200-day moving average is $152.15.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings results on Thursday, February 8th. The company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). Take-Two Interactive Software had a negative net margin of 26.90% and a positive return on equity of 3.03%. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.34 billion. Equities analysts predict that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current year.

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.