Retirement Systems of Alabama raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.2% during the second quarter, Holdings Channel reports. The fund owned 133,863 shares of the company’s stock after buying an additional 2,942 shares during the period. Retirement Systems of Alabama’s holdings in Take-Two Interactive Software were worth $9,823,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the company. William Blair Investment Management LLC increased its position in Take-Two Interactive Software by 7.8% in the first quarter. William Blair Investment Management LLC now owns 1,784,714 shares of the company’s stock worth $105,780,000 after buying an additional 129,572 shares during the last quarter. Eqis Capital Management Inc. increased its position in Take-Two Interactive Software by 19.6% in the second quarter. Eqis Capital Management Inc. now owns 5,837 shares of the company’s stock worth $428,000 after buying an additional 957 shares during the last quarter. UBS Group AG increased its position in Take-Two Interactive Software by 25.5% in the first quarter. UBS Group AG now owns 87,761 shares of the company’s stock worth $5,201,000 after buying an additional 17,809 shares during the last quarter. Advantus Capital Management Inc acquired a new position in Take-Two Interactive Software during the first quarter worth about $770,000. Finally, Clinton Group Inc. increased its position in Take-Two Interactive Software by 865.7% in the first quarter. Clinton Group Inc. now owns 98,198 shares of the company’s stock worth $5,820,000 after buying an additional 88,029 shares during the last quarter. 97.30% of the stock is currently owned by institutional investors.

Take-Two Interactive Software, Inc. (TTWO) opened at 89.30 on Friday. The stock has a 50 day moving average of $79.07 and a 200 day moving average of $67.10. The stock has a market cap of $9.33 billion, a P/E ratio of 52.72 and a beta of 0.83. Take-Two Interactive Software, Inc. has a 12-month low of $40.63 and a 12-month high of $92.22.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its earnings results on Wednesday, August 2nd. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.25. Take-Two Interactive Software had a return on equity of 28.89% and a net margin of 8.73%. The business had revenue of $348.30 million during the quarter, compared to the consensus estimate of $280.70 million. During the same period last year, the company earned ($0.21) EPS. The company’s revenue for the quarter was up 27.8% on a year-over-year basis. On average, equities research analysts anticipate that Take-Two Interactive Software, Inc. will post $2.16 earnings per share for the current fiscal year.

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TTWO has been the topic of a number of research reports. Piper Jaffray Companies raised their price objective on shares of Take-Two Interactive Software from $80.00 to $83.00 and gave the stock an “overweight” rating in a report on Wednesday, June 7th. Zacks Investment Research downgraded shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating in a report on Saturday, May 27th. Stifel Nicolaus reissued a “buy” rating and issued a $74.00 price objective (up previously from $64.00) on shares of Take-Two Interactive Software in a report on Thursday, May 18th. Benchmark Co. reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, April 24th. Finally, Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and set a $75.00 price target on shares of Take-Two Interactive Software in a report on Thursday, April 20th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Take-Two Interactive Software currently has a consensus rating of “Buy” and a consensus price target of $85.22.

In related news, Director Michael Sheresky sold 516 shares of the firm’s stock in a transaction dated 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 sale, the director now directly owns 67,733 shares of the company’s stock, valued at approximately $5,193,766.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Strauss Zelnick sold 35,000 shares of the firm’s stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $78.53, for a total value of $2,748,550.00. The disclosure for this sale can be found here. Insiders sold a total of 146,840 shares of company stock valued at $12,280,114 over the last ninety days. Corporate insiders own 1.55% of the company’s stock.

Take-Two Interactive Software Company Profile

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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