Symphony Asset Management LLC increased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,653 shares of the company’s stock after purchasing an additional 493 shares during the quarter. Symphony Asset Management LLC’s holdings in Take-Two Interactive Software were worth $929,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of TTWO. FMR LLC increased its position in shares of Take-Two Interactive Software by 73.1% during the first quarter. FMR LLC now owns 5,384,102 shares of the company’s stock worth $319,116,000 after purchasing an additional 2,273,553 shares in the last quarter. Harbour Capital Advisors LLC increased its position in shares of Take-Two Interactive Software by 7,304.4% during the second quarter. Harbour Capital Advisors LLC now owns 1,637,475 shares of the company’s stock worth $22,315,000 after purchasing an additional 1,615,360 shares in the last quarter. State Street Corp increased its position in shares of Take-Two Interactive Software by 62.1% during the first quarter. State Street Corp now owns 3,116,177 shares of the company’s stock worth $184,699,000 after purchasing an additional 1,193,381 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Take-Two Interactive Software by 12.5% during the first quarter. Vanguard Group Inc. now owns 8,277,144 shares of the company’s stock worth $490,586,000 after purchasing an additional 916,573 shares in the last quarter. Finally, Asturias Capital LLC purchased a new stake in shares of Take-Two Interactive Software during the first quarter worth approximately $29,956,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) traded down 0.55% during trading on Wednesday, hitting $99.40. The stock had a trading volume of 112,260 shares. The company has a market cap of $10.38 billion, a PE ratio of 58.68 and a beta of 0.77. Take-Two Interactive Software, Inc. has a 12-month low of $41.70 and a 12-month high of $101.40. The stock’s 50 day moving average is $90.59 and its 200-day moving average is $72.94.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.44 EPS for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.25. The business had revenue of $348.30 million during the quarter, compared to the consensus estimate of $280.70 million. Take-Two Interactive Software had a return on equity of 28.89% and a net margin of 8.73%. The business’s revenue for the quarter was up 27.8% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.21) earnings per share. Analysts forecast that Take-Two Interactive Software, Inc. will post $2.16 earnings per share for the current year.

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Several brokerages recently commented on TTWO. Benchmark Co. reiterated a “buy” rating and set a $100.00 price target (up from $85.00) on shares of Take-Two Interactive Software in a research report on Thursday, August 3rd. Robert W. Baird boosted their price target on Take-Two Interactive Software from $53.00 to $80.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 24th. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and set a $75.00 price target on shares of Take-Two Interactive Software in a research report on Thursday, May 25th. BidaskClub cut Take-Two Interactive Software from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 13th. Finally, Piper Jaffray Companies reiterated an “overweight” rating and set a $100.00 price target on shares of Take-Two Interactive Software in a research report on Thursday, August 3rd. One analyst has rated the stock with a sell rating, four have issued a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $87.42.

In related news, Director Michael Sheresky sold 465 shares of Take-Two Interactive Software stock in a transaction on Monday, August 14th. The stock was sold at an average price of $89.96, for a total value of $41,831.40. Following the transaction, the director now owns 69,006 shares in the company, valued at $6,207,779.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Strauss Zelnick sold 50,000 shares of Take-Two Interactive Software 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 disclosure for this sale can be found here. In the last ninety days, insiders sold 87,465 shares of company stock valued at $7,677,331. Company insiders own 1.55% of the company’s stock.

Take-Two Interactive Software 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.

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

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