Lincoln National Corp Has $839,000 Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Lincoln National Corp lifted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,215 shares of the company’s stock after purchasing an additional 81 shares during the quarter. Lincoln National Corp’s holdings in Take-Two Interactive Software were worth $839,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Nordea Investment Management AB grew its stake in shares of Take-Two Interactive Software by 130.8% during the third quarter. Nordea Investment Management AB now owns 653,346 shares of the company’s stock worth $92,122,000 after purchasing an additional 370,229 shares during the period. Mariner LLC raised its stake in Take-Two Interactive Software by 223.2% in the third quarter. Mariner LLC now owns 497,060 shares of the company’s stock valued at $69,783,000 after buying an additional 343,277 shares during the period. Massachusetts Financial Services Co. MA grew its position in shares of Take-Two Interactive Software by 8.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,170,470 shares of the company’s stock valued at $585,492,000 after purchasing an additional 321,632 shares during the last quarter. Schroder Investment Management Group grew its position in Take-Two Interactive Software by 117.1% during the third quarter. Schroder Investment Management Group now owns 530,403 shares of the company’s stock worth $74,463,000 after buying an additional 286,076 shares in the last quarter. Finally, Boston Partners grew its position in Take-Two Interactive Software by 10.5% during the third quarter. Boston Partners now owns 2,893,303 shares of the company’s stock worth $405,792,000 after buying an additional 275,368 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Transactions at Take-Two Interactive Software

In other news, President Karl Slatoff sold 90,851 shares of the company’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the completion of the sale, the president now directly owns 87,286 shares in the company, valued at approximately $12,965,462.44. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, Director Michael Sheresky sold 260 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $155.72, for a total value of $40,487.20. Following the completion of the sale, the director now directly owns 63,645 shares in the company, valued at approximately $9,910,799.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, President Karl Slatoff sold 90,851 shares of the stock in a transaction on Friday, April 12th. The shares were sold at an average price of $148.54, for a total value of $13,495,007.54. Following the completion of the sale, the president now owns 87,286 shares of the company’s stock, valued at $12,965,462.44. The disclosure for this sale can be found here. Insiders own 1.37% of the company’s stock.

Wall Street Analyst Weigh In

TTWO has been the subject of a number of research reports. JPMorgan Chase & Co. dropped their price target on Take-Two Interactive Software from $188.00 to $180.00 and set an “overweight” rating for the company in a research note on Friday, February 9th. The Goldman Sachs Group lifted their price target on Take-Two Interactive Software from $165.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, January 19th. Oppenheimer reissued an “outperform” rating and set a $185.00 target price on shares of Take-Two Interactive Software in a research report on Tuesday, April 23rd. Jefferies Financial Group initiated coverage on Take-Two Interactive Software in a research report on Monday, April 1st. They issued a “buy” rating and a $195.00 target price for the company. Finally, Stifel Nicolaus restated a “buy” rating and set a $175.00 target price on shares of Take-Two Interactive Software in a research report on Monday, April 1st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $177.61.

Take-Two Interactive Software Trading Down 0.2 %

Shares of Take-Two Interactive Software stock opened at $145.68 on Friday. Take-Two Interactive Software, Inc. has a fifty-two week low of $121.72 and a fifty-two week high of $171.59. The firm has a market cap of $24.85 billion, a PE ratio of -16.98, a P/E/G ratio of 1.21 and a beta of 0.75. The business’s fifty day moving average is $146.43 and its two-hundred day moving average is $152.30. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.32.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings results on Thursday, February 8th. The company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. The business had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Analysts anticipate that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current year.

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, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.