Institutional investors now hold around $12.19 billion or 93.8% in TTWO stock.
Several analysts have released their opinion on Take-Two Interactive Software, Inc. Louisiana State Employees Retirement System now owns 28,900 shares of the company's stock valued at $3,173,000 after purchasing an additional 500 shares in the last quarter. Similar statistics are true for the second largest owner, Price T Rowe Associates Inc /Md/, which owns 8,271,313 shares of the stock are valued at $938.55 million. Bfsg LLC boosted its holdings in Take-Two Interactive by 26.4% in the fourth quarter. For the next fiscal year, analysts anticipate that the company will report earnings of $5.06 per share, with EPS estimates ranging from $4.13 to $5.96. Finally, Bank of Montreal Can increased its stake in Take-Two Interactive by 0.7% during the 4th quarter. Huntington National Bank now owns 1,419 shares of the company's stock worth $156,000 after purchasing an additional 608 shares during the last quarter. More interesting news about Take-Two Interactive Software, Inc.
Take-Two Interactive Software Inc. shares were halted at the bell and then fell more than 6% after hours when trading resumed Wednesday. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.90% with $112.88 Million sitting short, betting on future declines. Currently, this public company's quick ratio is 1.20, its debt-to-equity ratio is 0.01, and its current ratio is 1.20.
Media stories about Take-Two Interactive (NASDAQ:TTWO) have trended somewhat positive recently, according to Accern Sentiment. The firm has a market capitalization of $12.61 billion, a price-to-earnings ratio of 58.27, a PEG ratio of 1.73 and a beta of 1.06. Hilliard Lyons, for example, Upgrade Take-Two Interactive Software, Inc. from Underperform to Neutral in a report that was made public on Friday, February 9th, 2018.
A number of research analysts have issued reports on TTWO shares. Take-Two Interactive had a net margin of 9.43% and a return on equity of 27.78%.
Net revenue was $450.3 million, as compared to $571.6 million in last year's fiscal fourth quarter. The company reported the earnings of $1.12/Share in the last quarter where the estimated EPS by analysts was $0.98/share. The company is expected to announce its next earnings report after the market closes on Wednesday, May 16th. To measure price-variation, we found TTWO's volatility during a week at 2.09% and during a month it has been found around 3.45%. Lastly, a Overweight rating on shares of Take-Two Interactive Software, Inc. was Initiated by Morgan Stanley, which also set a $150 price target on the company's stock. In a transaction dated February 16, 2018, the shares were put up for sale at an average price of $108.11, raking in a sum of $46,271. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Strauss Zelnick sold 252,197 shares of Take-Two Interactive stock in a transaction that occurred on Wednesday, April 4th. The stock was sold at an average price of $93.95, for a total transaction of $1,152,108.85. Corporate insiders own 1.55% of the company's stock.
For Take-Two Interactive Software, Inc., specifically, the RSI metric has reached 64.00. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and Social Point labels.