Everpar Advisors LLC Invests $284,000 in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Everpar Advisors LLC acquired a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,765 shares of the company’s stock, valued at approximately $284,000.

Other hedge funds also recently bought and sold shares of the company. Tectonic Advisors LLC increased its position in shares of Take-Two Interactive Software by 4.2% during the 4th quarter. Tectonic Advisors LLC now owns 1,712 shares of the company’s stock valued at $276,000 after purchasing an additional 69 shares during the last quarter. Drive Wealth Management LLC increased its holdings in Take-Two Interactive Software by 4.5% during the fourth quarter. Drive Wealth Management LLC now owns 1,606 shares of the company’s stock valued at $258,000 after buying an additional 69 shares during the last quarter. Belpointe Asset Management LLC boosted its stake in shares of Take-Two Interactive Software by 3.7% during the 3rd quarter. Belpointe Asset Management LLC now owns 1,986 shares of the company’s stock worth $279,000 after acquiring an additional 70 shares during the last quarter. Massmutual Trust Co. FSB ADV grew its position in shares of Take-Two Interactive Software by 14.8% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 543 shares of the company’s stock valued at $87,000 after acquiring an additional 70 shares during the period. Finally, Lincoln National Corp increased its stake in shares of Take-Two Interactive Software by 1.6% in the 4th quarter. Lincoln National Corp now owns 5,215 shares of the company’s stock worth $839,000 after purchasing an additional 81 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO traded down $2.36 during mid-day trading on Wednesday, hitting $145.97. 1,230,636 shares of the company’s stock traded hands, compared to its average volume of 1,609,852. The company has a market capitalization of $24.90 billion, a P/E ratio of -17.29, a PEG ratio of 1.21 and a beta of 0.75. Take-Two Interactive Software, Inc. has a 1 year low of $121.72 and a 1 year high of $171.59. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.82 and a quick ratio of 0.82. The company’s 50-day moving average is $146.48 and its two-hundred day moving average is $152.39.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). The company had revenue of $1.34 billion for the quarter, compared to analysts’ expectations 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 analysts anticipate that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current fiscal year.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TTWO. JPMorgan Chase & Co. lowered their target price on Take-Two Interactive Software from $188.00 to $180.00 and set an “overweight” rating on the stock in a research report on Friday, February 9th. Wells Fargo & Company increased their target price on shares of Take-Two Interactive Software from $170.00 to $193.00 and gave the stock an “overweight” rating in a report on Thursday, February 1st. Oppenheimer reaffirmed an “outperform” rating and set a $185.00 price target on shares of Take-Two Interactive Software in a report on Tuesday, April 23rd. The Goldman Sachs Group upped their target price on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, January 19th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $175.00 price target on shares of Take-Two Interactive Software in a report on Monday, April 1st. One research analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $177.61.

Take-Two Interactive Software Company 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.