Smithfield Trust Co. acquired a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the second quarter, according to its most recent disclosure with the SEC. The firm acquired 1,710 shares of the company’s stock, valued at approximately $125,000.

A number of other institutional investors have also recently modified their holdings of the company. Glen Harbor Capital Management LLC boosted its position in shares of Take-Two Interactive Software by 23.2% in the first quarter. Glen Harbor Capital Management LLC now owns 4,092 shares of the company’s stock valued at $243,000 after buying an additional 770 shares in the last quarter. Northpointe Capital LLC purchased a new position in shares of Take-Two Interactive Software during the first quarter valued at about $2,812,000. ProShare Advisors LLC boosted its position in shares of Take-Two Interactive Software by 17.7% in the first quarter. ProShare Advisors LLC now owns 18,390 shares of the company’s stock valued at $1,090,000 after buying an additional 2,764 shares in the last quarter. Profund Advisors LLC boosted its position in shares of Take-Two Interactive Software by 0.3% in the first quarter. Profund Advisors LLC now owns 16,831 shares of the company’s stock valued at $998,000 after buying an additional 45 shares in the last quarter. Finally, Magee Thomson Investment Partners LLC bought a new position in Take-Two Interactive Software during the first quarter worth $5,304,000. 97.30% of the stock is owned by hedge funds and other institutional investors.

Shares of Take-Two Interactive Software, Inc. (TTWO) opened at 90.97 on Thursday. Take-Two Interactive Software, Inc. has a 12 month low of $40.63 and a 12 month high of $92.22. The stock has a market cap of $9.63 billion, a P/E ratio of 53.54 and a beta of 0.83. The stock has a 50 day moving average price of $78.17 and a 200-day moving average price of $66.68.

Take-Two Interactive Software (NASDAQ:TTWO) last released its earnings results on Wednesday, August 2nd. The company reported $0.44 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.25. The company had revenue of $348.30 million during the quarter, compared to analyst estimates of $280.70 million. Take-Two Interactive Software had a return on equity of 28.89% and a net margin of 8.73%. The company’s revenue for the quarter was up 27.8% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.21) earnings per share. On average, analysts forecast that Take-Two Interactive Software, Inc. will post $2.10 EPS for the current fiscal year.

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A number of equities analysts have recently weighed in on the company. Stifel Nicolaus reissued a “buy” rating and issued a $96.00 price target (up from $87.00) on shares of Take-Two Interactive Software in a report on Wednesday. Macquarie reissued an “outperform” rating and issued a $99.00 price target (up from $82.00) on shares of Take-Two Interactive Software in a report on Wednesday. MKM Partners reissued a “buy” rating and issued a $97.00 price target (up from $86.00) on shares of Take-Two Interactive Software in a report on Wednesday. Benchmark Co. reissued a “buy” rating and issued a $100.00 price target (up from $85.00) on shares of Take-Two Interactive Software in a report on Wednesday. Finally, Credit Suisse Group reissued a “neutral” rating and issued a $73.00 price target on shares of Take-Two Interactive Software in a report on Wednesday. One research analyst has rated the stock with a sell rating, four have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $85.22.

In other news, CEO Strauss Zelnick sold 50,000 shares of the company’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $87.81, for a total value of $4,390,500.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Michael Sheresky sold 516 shares of the company’s stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $76.68, for a total transaction of $39,566.88. Following the completion of the transaction, the director now directly owns 67,733 shares in the company, valued at $5,193,766.44. The disclosure for this sale can be found here. Insiders sold 146,840 shares of company stock valued at $12,280,114 in the last 90 days. Corporate insiders own 1.55% of the company’s stock.

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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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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