Crossmark Global Holdings Inc. Has $2.43 Million Holdings in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO)

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Crossmark Global Holdings Inc. lessened its stake in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 1.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 19,417 shares of the company’s stock after selling 368 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $2,434,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TTWO. Cornerstone Advisors Inc. boosted its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 121.0% in the 2nd quarter. Cornerstone Advisors Inc. now owns 221 shares of the company’s stock valued at $25,000 after buying an additional 121 shares during the last quarter. North Star Investment Management Corp. acquired a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE in the 3rd quarter valued at approximately $25,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE in the 2nd quarter valued at approximately $28,000. Phocas Financial Corp. acquired a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE in the 2nd quarter valued at approximately $28,000. Finally, Commonwealth Bank of Australia lifted its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 36.6% during the 2nd quarter. Commonwealth Bank of Australia now owns 325 shares of the company’s stock valued at $35,000 after purchasing an additional 87 shares during the last quarter. 92.06% of the stock is owned by institutional investors.

TTWO stock opened at $122.42 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.45 and a quick ratio of 1.44. The stock has a market capitalization of $13.86 billion, a price-to-earnings ratio of 31.55, a PEG ratio of 4.45 and a beta of 0.75. The business’s fifty day moving average price is $127.48 and its two-hundred day moving average price is $113.64. TAKE-TWO INTERACTIVE SOFTWARE, INC has a fifty-two week low of $84.41 and a fifty-two week high of $135.70.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last posted its quarterly earnings data on Monday, August 5th. The company reported ($0.13) earnings per share for the quarter, topping the consensus estimate of ($0.27) by $0.14. The firm had revenue of $422.24 million for the quarter, compared to analysts’ expectations of $356.65 million. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 23.95% and a net margin of 10.93%. The company’s quarterly revenue was up 46.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.12 EPS. Research analysts expect that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.16 EPS for the current year.

Several brokerages have issued reports on TTWO. Wedbush reaffirmed a “buy” rating and set a $144.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Tuesday, August 6th. KeyCorp raised their price target on TAKE-TWO INTERACTIVE SOFTWARE from $145.00 to $150.00 and gave the company an “overweight” rating in a report on Tuesday, August 6th. BidaskClub raised TAKE-TWO INTERACTIVE SOFTWARE from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July 2nd. MKM Partners raised their price target on TAKE-TWO INTERACTIVE SOFTWARE from $136.00 to $142.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. Finally, Bank of America reaffirmed 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. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $131.04.

In other TAKE-TWO INTERACTIVE SOFTWARE news, insider Daniel P. Emerson sold 4,500 shares of the stock in a transaction on Friday, August 16th. The stock was sold at an average price of $126.77, for a total transaction of $570,465.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Strauss Zelnick sold 20,000 shares of the stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $130.18, for a total value of $2,603,600.00. The disclosure for this sale can be found here. Insiders have sold a total of 24,726 shares of company stock worth $3,202,742 in the last quarter. Company insiders own 1.20% of the company’s stock.

About TAKE-TWO INTERACTIVE SOFTWARE

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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