Parallel Advisors LLC Sells 271 Shares of Take-Two Interactive Software program, Inc. (NASDAQ:TTWO)

Take-Two Interactive Software logoParallel Advisors LLC minimize its place in Take-Two Interactive Software program, Inc. (NASDAQ:TTWO – Get Ranking) by 30.2% within the first quarter, in line with its most up-to-date Kind 13F submitting with the SEC. The institutional investor owned 627 shares of the corporate’s inventory after promoting 271 shares through the quarter. Parallel Advisors LLC’s holdings in Take-Two Interactive Software program had been price $98,000 on the finish of the newest reporting interval.

Numerous different giant traders have additionally added to or diminished their stakes in TTWO. Harel Insurance coverage Investments & Monetary Providers Ltd. raised its holdings in Take-Two Interactive Software program by 140.5% within the fourth quarter. Harel Insurance coverage Investments & Monetary Providers Ltd. now owns 178 shares of the corporate’s inventory price $32,000 after buying an extra 104 shares within the final quarter. Huntington Nationwide Financial institution elevated its holdings in shares of Take-Two Interactive Software program by 62.3% through the fourth quarter. Huntington Nationwide Financial institution now owns 185 shares of the corporate’s inventory valued at $33,000 after buying an extra 71 shares within the final quarter. Industrial Alliance Funding Administration Inc. acquired a brand new place in shares of Take-Two Interactive Software program through the fourth quarter valued at about $37,000. Parkside Monetary Financial institution & Belief elevated its holdings in shares of Take-Two Interactive Software program by 40.2% through the fourth quarter. Parkside Monetary Financial institution & Belief now owns 230 shares of the corporate’s inventory valued at $41,000 after buying an extra 66 shares within the final quarter. Lastly, Sageworth Belief Co of South Dakota acquired a brand new place in shares of Take-Two Interactive Software program through the fourth quarter valued at about $44,000. 88.08% of the inventory is at the moment owned by institutional traders.

Analysts Set New Value Targets

A number of fairness analysts have lately issued studies on TTWO shares. Financial institution of America began protection on shares of Take-Two Interactive Software program in a report on Wednesday, April sixth. They set a “purchase” ranking on the inventory. Ascendiant Capital Markets set a $160.00 value goal on shares of Take-Two Interactive Software program in a report on Monday, June twentieth. Wells Fargo & Firm minimize their value goal on shares of Take-Two Interactive Software program to $185.00 and set a “na” ranking on the inventory in a report on Wednesday, Might 18th. Cowen dropped their goal value on Take-Two Interactive Software program from $229.00 to $185.00 in a analysis report on Tuesday, Might seventeenth. Lastly, UBS Group dropped their goal value on Take-Two Interactive Software program from $185.00 to $143.00 and set a “impartial” ranking on the inventory in a analysis report on Wednesday, June twenty ninth. 5 analysis analysts have rated the inventory with a maintain ranking and fourteen have issued a purchase ranking to the corporate’s inventory. Primarily based on information from MarketBeat, the inventory has a consensus ranking of “Average Purchase” and a consensus value goal of $178.70.

Insiders Place Their Bets

In different information, insider Daniel P. Emerson offered 3,381 shares of the enterprise’s inventory in a transaction on Wednesday, June fifteenth. The inventory was offered at a mean value of $124.23, for a complete worth of $420,021.63. Following the completion of the transaction, the insider now instantly owns 92.191 shares of the corporate’s inventory, valued at $11,452,887.93. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by means of this hyperlink. In associated information, insider Daniel P. Emerson offered 3,381 shares of the corporate’s inventory in a transaction on Wednesday, June fifteenth. The inventory was offered at a mean value of $124.23, for a complete worth of $420,021.63. Following the completion of the transaction, the insider now instantly owns 92.191 shares within the firm, valued at $11,452,887.93. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which is accessible by means of the SEC web site. Additionally, insider Daniel P. Emerson offered 3,125 shares of the corporate’s inventory in a transaction on Monday, June sixth. The shares had been offered at a mean value of $127.78, for a complete worth of $399,312.50. Following the completion of the transaction, the insider now owns 95,572 shares of the corporate’s inventory, valued at $12,212,190.16. The disclosure for this sale might be discovered right here. 0.90% of the inventory is owned by firm insiders.

Take-Two Interactive Software program Inventory Efficiency

Shares of NASDAQ TTWO opened at $132.27 on Friday. The agency has a market capitalization of $15.32 billion, a PE ratio of 36.95, a price-to-earnings-growth ratio of 1.67 and a beta of 0.74. Take-Two Interactive Software program, Inc. has a fifty-two week low of $101.85 and a fifty-two week excessive of $195.82. The inventory’s 50-day easy transferring common is $124.98 and its 200-day easy transferring common is $141.41.

Take-Two Interactive Software program (NASDAQ:TTWO – Get Ranking) final launched its earnings outcomes on Monday, Might sixteenth. The corporate reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $0.16. Take-Two Interactive Software program had a return on fairness of 12.63% and a web margin of 11.93%. The enterprise had income of $845.78 million for the quarter, in comparison with analyst estimates of $884.62 million. Throughout the identical quarter within the earlier yr, the corporate posted $1.66 earnings per share. The corporate’s income for the quarter was up 7.8% in comparison with the identical quarter final yr. On common, sell-side analysts forecast that Take-Two Interactive Software program, Inc. will publish 3.51 earnings per share for the present fiscal yr.

About Take-Two Interactive Software program

(Get Ranking)

Take-Two Interactive Software program, Inc. develops, publishes, and markets interactive leisure options for customers worldwide. The corporate presents its merchandise beneath the Rockstar Video games, 2K, Non-public Division, and T2 Cellular Video games names. It develops and publishes motion/journey merchandise beneath the Grand Theft Auto, Max Payne, Midnight Membership, and Crimson Lifeless Redemption names; and presents episodes and content material, in addition to growing manufacturers in different genres, together with the LA Noire, Bully, and Manhunt franchises.

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

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