American Century Companies Inc. acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 23,273 shares of the company’s stock, valued at approximately $1,708,000.

Other large investors also recently bought and sold shares of the company. William Blair Investment Management LLC increased its stake in shares of Take-Two Interactive Software by 7.8% in the 1st quarter. William Blair Investment Management LLC now owns 1,784,714 shares of the company’s stock worth $105,780,000 after purchasing an additional 129,572 shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in shares of Take-Two Interactive Software by 70.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 39,335 shares of the company’s stock worth $2,886,000 after purchasing an additional 16,224 shares in the last quarter. Eqis Capital Management Inc. increased its stake in shares of Take-Two Interactive Software by 19.6% in the 2nd quarter. Eqis Capital Management Inc. now owns 5,837 shares of the company’s stock worth $428,000 after purchasing an additional 957 shares in the last quarter. UBS Group AG increased its stake in shares of Take-Two Interactive Software by 25.5% in the 1st quarter. UBS Group AG now owns 87,761 shares of the company’s stock worth $5,201,000 after purchasing an additional 17,809 shares in the last quarter. Finally, Advantus Capital Management Inc purchased a new stake in shares of Take-Two Interactive Software in the 1st quarter worth $770,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Several equities research analysts have recently commented on TTWO shares. Cowen and Company upped their price objective on Take-Two Interactive Software from $60.00 to $79.00 and gave the stock an “outperform” rating in a research note on Thursday, May 25th. Zacks Investment Research upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating and set a $79.00 price target for the company in a research note on Saturday, May 20th. Credit Suisse Group reiterated a “hold” rating and issued a $71.00 price target on shares of Take-Two Interactive Software in a research note on Thursday, May 25th. BMO Capital Markets increased their price target on Take-Two Interactive Software from $64.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, May 25th. Finally, Piper Jaffray Companies increased their price target on Take-Two Interactive Software from $80.00 to $83.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 7th. One analyst has rated the stock with a sell rating, four have issued a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $87.42.

COPYRIGHT VIOLATION NOTICE: “American Century Companies Inc. Invests $1.71 Million in Take-Two Interactive Software, Inc. (TTWO)” was first reported by Daily Political and is the sole property of of Daily Political. If you are viewing this report on another site, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The legal version of this report can be read at https://www.dailypolitical.com/2017/09/15/american-century-companies-inc-invests-1-71-million-in-take-two-interactive-software-inc-ttwo.html.

In related news, CFO Lainie Goldstein sold 30,000 shares of the company’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $87.68, for a total transaction of $2,630,400.00. Following the completion of the sale, the chief financial officer now owns 409,019 shares of the company’s stock, valued at approximately $35,862,785.92. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Michael Sheresky sold 465 shares of the company’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $89.96, for a total transaction of $41,831.40. Following the sale, the director now directly owns 69,006 shares of the company’s stock, valued at approximately $6,207,779.76. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 87,465 shares of company stock valued at $7,677,331. 1.55% of the stock is owned by corporate insiders.

Take-Two Interactive Software, Inc. (TTWO) opened at 99.36 on Friday. The company has a market cap of $10.38 billion, a P/E ratio of 58.65 and a beta of 0.77. The company has a 50 day moving average of $92.20 and a 200-day moving average of $73.61. Take-Two Interactive Software, Inc. has a one year low of $41.70 and a one year high of $101.40.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.25. Take-Two Interactive Software had a net margin of 8.73% and a return on equity of 28.89%. The company had revenue of $348.30 million during the quarter, compared to analysts’ expectations of $280.70 million. During the same quarter in the prior year, the company earned ($0.21) EPS. Take-Two Interactive Software’s revenue was up 27.8% compared to the same quarter last year. On average, equities analysts expect that Take-Two Interactive Software, Inc. will post $2.19 earnings per share for the current fiscal year.

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.

Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Take-Two Interactive Software, Inc. (NASDAQ:TTWO).

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

Receive News & Ratings for Take-Two Interactive Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software Inc. and related companies with MarketBeat.com's FREE daily email newsletter.