Maverick Capital Ltd. increased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 10.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,780 shares of the company’s stock after buying an additional 5,000 shares during the period. Maverick Capital Ltd. owned about 0.05% of Take-Two Interactive Software worth $3,946,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in TTWO. Karp Capital Management Corp purchased a new position in shares of Take-Two Interactive Software during the 1st quarter valued at approximately $1,335,000. Blair William & Co. IL lifted its position in shares of Take-Two Interactive Software by 6.1% during the 1st quarter. Blair William & Co. IL now owns 9,923 shares of the company’s stock valued at $588,000 after buying an additional 567 shares in the last quarter. Neuberger Berman Group LLC lifted its position in shares of Take-Two Interactive Software by 0.7% during the 1st quarter. Neuberger Berman Group LLC now owns 31,730 shares of the company’s stock valued at $1,881,000 after buying an additional 230 shares in the last quarter. Municipal Employees Retirement System of Michigan lifted its position in shares of Take-Two Interactive Software by 20.1% during the 1st quarter. Municipal Employees Retirement System of Michigan now owns 23,110 shares of the company’s stock valued at $1,370,000 after buying an additional 3,870 shares in the last quarter. Finally, Credit Agricole S A purchased a new position in shares of Take-Two Interactive Software during the 1st quarter valued at approximately $843,000. Hedge funds and other institutional investors own 96.69% of the company’s stock.

A number of research analysts have recently issued reports on the company. Barclays PLC assumed coverage on Take-Two Interactive Software in a research report on Wednesday. They set an “overweight” rating and a $115.00 target price on the stock. Jefferies Group LLC reiterated a “buy” rating and set a $108.00 target price (up previously from $91.00) on shares of Take-Two Interactive Software in a research report on Thursday, August 3rd. MKM Partners reiterated a “buy” rating and set a $97.00 target price (up previously from $86.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Benchmark Co. reiterated a “buy” rating and set a $100.00 target price (up previously from $85.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $96.00 price objective (up previously from $87.00) on shares of Take-Two Interactive Software in a report on Wednesday, August 9th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $92.30.

Take-Two Interactive Software, Inc. (TTWO) traded up 1.766% during trading on Friday, reaching $106.315. The company’s stock had a trading volume of 437,444 shares. The company has a market capitalization of $11.11 billion, a P/E ratio of 62.760 and a beta of 0.78. Take-Two Interactive Software, Inc. has a 1-year low of $41.70 and a 1-year high of $106.35. The company’s 50-day moving average is $98.45 and its 200-day moving average is $78.18.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings results on Wednesday, August 2nd. The company reported $0.44 EPS for the quarter, topping the Thomson Reuters’ 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 firm’s revenue was up 27.8% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.21) earnings per share. Equities analysts anticipate that Take-Two Interactive Software, Inc. will post $2.21 EPS for the current year.

In other news, Director Michael Sheresky sold 465 shares of the stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $89.96, for a total value of $41,831.40. Following the completion of the sale, the director now owns 69,006 shares in the company, valued at $6,207,779.76. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Strauss Zelnick sold 50,000 shares of the firm’s stock in a transaction that occurred 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 quarter, insiders sold 87,465 shares of company stock valued at $7,677,331. 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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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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