Gideon Capital Advisors Inc. Invests $322,000 in TAKE-TWO INTERACTIVE SOFTWARE, INC (TTWO)

Gideon Capital Advisors Inc. purchased a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 2,334 shares of the company’s stock, valued at approximately $322,000.

A number of other institutional investors and hedge funds have also bought and sold shares of TTWO. Capital Advisors Ltd. LLC grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 169.9% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 834 shares of the company’s stock worth $115,000 after acquiring an additional 525 shares during the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. bought a new stake in TAKE-TWO INTERACTIVE SOFTWARE during the 2nd quarter worth approximately $130,000. Girard Partners LTD. bought a new stake in TAKE-TWO INTERACTIVE SOFTWARE during the 3rd quarter worth approximately $137,000. Piedmont Investment Advisors LLC bought a new stake in TAKE-TWO INTERACTIVE SOFTWARE during the 2nd quarter worth approximately $155,000. Finally, Clear Perspective Advisors LLC grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 86.7% during the 2nd quarter. Clear Perspective Advisors LLC now owns 1,400 shares of the company’s stock worth $166,000 after acquiring an additional 650 shares during the last quarter. 92.76% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ:TTWO opened at $109.67 on Friday. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 52 week low of $92.81 and a 52 week high of $139.91. The firm has a market capitalization of $12.74 billion, a PE ratio of 62.67, a PEG ratio of 1.95 and a beta of 1.09.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last released its earnings results on Wednesday, November 7th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.16. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 11.76% and a return on equity of 18.08%. The company had revenue of $583.42 million for the quarter, compared to the consensus estimate of $549.87 million. During the same quarter in the previous year, the company earned $1.09 EPS. TAKE-TWO INTERACTIVE SOFTWARE’s quarterly revenue was up 1.1% compared to the same quarter last year. On average, sell-side analysts anticipate that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.37 earnings per share for the current year.

In related news, VP Daniel P. Emerson sold 13,268 shares of the business’s stock in a transaction on Wednesday, October 10th. The shares were sold at an average price of $123.63, for a total transaction of $1,640,322.84. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.07% of the stock is owned by insiders.

A number of research firms have weighed in on TTWO. Barclays set a $138.00 target price on shares of TAKE-TWO INTERACTIVE SOFTWARE and gave the stock a “buy” rating in a report on Friday, August 3rd. Zacks Investment Research raised shares of TAKE-TWO INTERACTIVE SOFTWARE from a “sell” rating to a “hold” rating in a research note on Monday, August 6th. Sanford C. Bernstein began coverage on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research note on Tuesday, October 9th. They issued an “outperform” rating and a $175.00 price objective on the stock. Morgan Stanley upped their price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE from $140.00 to $145.00 and gave the company an “overweight” rating in a research note on Friday, August 3rd. Finally, Stifel Nicolaus upped their price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE from $131.00 to $137.00 and gave the company a “buy” rating in a research note on Monday, August 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $144.53.

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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 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 names through developing sequels; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.

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Institutional Ownership by Quarter for TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO)

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