Oppenheimer & Co. Inc. Sells 1,491 Shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO)

Oppenheimer & Co. Inc. decreased its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 24.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,698 shares of the company’s stock after selling 1,491 shares during the period. Oppenheimer & Co. Inc.’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $589,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. We Are One Seven LLC increased its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 2.3% during the second quarter. We Are One Seven LLC now owns 3,869 shares of the company’s stock valued at $439,000 after purchasing an additional 86 shares in the last quarter. Commonwealth Bank of Australia increased its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 36.6% during the second quarter. Commonwealth Bank of Australia now owns 325 shares of the company’s stock valued at $35,000 after purchasing an additional 87 shares in the last quarter. Capital Investment Advisory Services LLC increased its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 27.0% during the third quarter. Capital Investment Advisory Services LLC now owns 447 shares of the company’s stock valued at $56,000 after purchasing an additional 95 shares in the last quarter. Farmers & Merchants Investments Inc. increased its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 45.9% during the third quarter. Farmers & Merchants Investments Inc. now owns 318 shares of the company’s stock valued at $40,000 after purchasing an additional 100 shares in the last quarter. Finally, Kistler Tiffany Companies LLC increased its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 22.8% during the second quarter. Kistler Tiffany Companies LLC now owns 571 shares of the company’s stock valued at $65,000 after purchasing an additional 106 shares in the last quarter. 92.43% of the stock is owned by institutional investors and hedge funds.

Shares of TTWO stock opened at $116.96 on Friday. The company has a current ratio of 1.45, a quick ratio of 1.44 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $13.27 billion, a P/E ratio of 30.14, a P/E/G ratio of 4.36 and a beta of 0.72. The firm’s 50 day moving average is $122.65 and its 200 day moving average is $117.44. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 12-month low of $84.41 and a 12-month high of $135.70.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last announced its quarterly earnings results on Thursday, November 7th. The company reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.78. The company had revenue of $950.50 million for the quarter, compared to the consensus estimate of $926.91 million. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 10.93% and a return on equity of 23.95%. TAKE-TWO INTERACTIVE SOFTWARE’s revenue for the quarter was up 62.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.05 EPS. As a group, equities analysts predict that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.16 earnings per share for the current year.

TTWO has been the subject of a number of analyst reports. Stifel Nicolaus set a $138.00 target price on shares of TAKE-TWO INTERACTIVE SOFTWARE and gave the company a “buy” rating in a research note on Wednesday, August 7th. Wedbush reiterated a “buy” rating and set a $144.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Tuesday, August 6th. Bank of America reiterated a “buy” rating and set a $144.00 price target (up previously from $133.00) on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Wednesday, August 21st. Barclays reiterated a “buy” rating and set a $142.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Tuesday, October 22nd. Finally, KeyCorp increased their price target on shares of TAKE-TWO INTERACTIVE SOFTWARE from $145.00 to $150.00 and gave the company an “overweight” rating in a report on Tuesday, August 6th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nineteen have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $132.22.

In other TAKE-TWO INTERACTIVE SOFTWARE news, insider Daniel P. Emerson sold 4,500 shares of TAKE-TWO INTERACTIVE SOFTWARE stock in a transaction on Friday, August 16th. The shares were sold at an average price of $126.77, for a total value of $570,465.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Michael Sheresky sold 226 shares of TAKE-TWO INTERACTIVE SOFTWARE stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $126.89, for a total transaction of $28,677.14. Following the completion of the sale, the director now owns 70,137 shares in the company, valued at $8,899,683.93. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

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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