Profund Advisors LLC increased its position in shares of Take-Two Interactive Software Inc (NASDAQ:TTWO) by 56.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,157 shares of the company’s stock after buying an additional 6,899 shares during the quarter. Profund Advisors LLC’s holdings in Take-Two Interactive Software were worth $2,103,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the stock. MANA Advisors LLC bought a new position in shares of Take-Two Interactive Software during the fourth quarter worth about $980,000. Invictus RG grew its holdings in shares of Take-Two Interactive Software by 137.8% during the fourth quarter. Invictus RG now owns 2,452 shares of the company’s stock worth $269,000 after buying an additional 1,421 shares in the last quarter. MML Investors Services LLC bought a new position in shares of Take-Two Interactive Software during the fourth quarter worth about $248,000. Amundi Pioneer Asset Management Inc. bought a new position in shares of Take-Two Interactive Software during the fourth quarter worth about $8,766,000. Finally, AXA bought a new position in shares of Take-Two Interactive Software during the fourth quarter worth about $1,546,000. Institutional investors and hedge funds own 90.50% of the company’s stock.
Several research analysts recently commented on the company. Morgan Stanley assumed coverage on Take-Two Interactive Software in a research report on Thursday, February 1st. They set an “overweight” rating and a $150.00 price target for the company. Wedbush set a $126.00 price target on Take-Two Interactive Software and gave the company a “hold” rating in a research report on Thursday, February 8th. ValuEngine cut Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. TheStreet raised Take-Two Interactive Software from a “c+” rating to a “b” rating in a research report on Wednesday, February 7th. Finally, Hilliard Lyons raised Take-Two Interactive Software from an “underperform” rating to a “neutral” rating in a research report on Friday, February 9th. Six analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $123.48.
Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Wednesday, February 7th. The company reported $1.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.84 by $0.34. Take-Two Interactive Software had a return on equity of 27.78% and a net margin of 9.43%. The company had revenue of $653.94 million during the quarter, compared to analysts’ expectations of $669.08 million. sell-side analysts anticipate that Take-Two Interactive Software Inc will post 2.45 EPS for the current year.
In related news, Director Michael Sheresky sold 428 shares of Take-Two Interactive Software stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $108.11, for a total transaction of $46,271.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.55% of the company’s stock.
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About Take-Two Interactive Software
Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.
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