Jennison Associates LLC boosted its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 24.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 325,117 shares of the company’s stock after buying an additional 64,539 shares during the period. Jennison Associates LLC owned about 0.29% of TAKE-TWO INTERACTIVE SOFTWARE worth $44,863,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Capital Advisors Ltd. LLC boosted its stake in TAKE-TWO INTERACTIVE SOFTWARE by 169.9% during the third quarter. Capital Advisors Ltd. LLC now owns 834 shares of the company’s stock worth $115,000 after buying an additional 525 shares in the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. acquired a new stake in TAKE-TWO INTERACTIVE SOFTWARE during the second quarter worth $130,000. Piedmont Investment Advisors LLC acquired a new stake in TAKE-TWO INTERACTIVE SOFTWARE during the second quarter worth $155,000. IFP Advisors Inc boosted its stake in TAKE-TWO INTERACTIVE SOFTWARE by 586.7% during the third quarter. IFP Advisors Inc now owns 1,339 shares of the company’s stock worth $185,000 after buying an additional 1,144 shares in the last quarter. Finally, Clear Perspective Advisors LLC boosted its stake in TAKE-TWO INTERACTIVE SOFTWARE by 86.7% during the second quarter. Clear Perspective Advisors LLC now owns 1,400 shares of the company’s stock worth $166,000 after buying an additional 650 shares in the last quarter. Hedge funds and other institutional investors own 92.76% of the company’s stock.

TTWO has been the topic of a number of recent research reports. Piper Jaffray Companies reiterated an “overweight” rating and set a $145.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research note on Wednesday, July 25th. Zacks Investment Research downgraded shares of TAKE-TWO INTERACTIVE SOFTWARE from a “hold” rating to a “sell” rating in a research note on Wednesday, July 25th. Wedbush set a $132.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE and gave the stock a “buy” rating in a research note on Thursday, July 26th. BidaskClub downgraded shares of TAKE-TWO INTERACTIVE SOFTWARE from a “buy” rating to a “hold” rating in a research note on Tuesday, July 31st. Finally, Barclays set a $138.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE and gave the stock a “buy” rating in a research note on Friday, August 3rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and sixteen have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $143.41.

Shares of NASDAQ:TTWO opened at $104.72 on Wednesday. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 52 week low of $92.81 and a 52 week high of $139.91. The firm has a market capitalization of $12.97 billion, a PE ratio of 59.84, a PEG ratio of 2.19 and a beta of 1.09.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last issued its earnings results on Wednesday, November 7th. The company reported $0.84 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.68 by $0.16. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 11.76% and a return on equity of 18.08%. The company had revenue of $583.42 million for the quarter, compared to the consensus estimate of $549.87 million. During the same quarter in the previous year, the company earned $1.09 EPS. The firm’s revenue for the quarter was up 1.1% compared to the same quarter last year. Sell-side analysts expect that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.05 earnings per share for the current fiscal year.

In related news, Director Paul E. Viera purchased 73,896 shares of TAKE-TWO INTERACTIVE SOFTWARE stock in a transaction that occurred on Friday, August 24th. The shares were acquired at an average price of $133.94 per share, for a total transaction of $9,897,630.24. Following the transaction, the director now directly owns 926 shares in the company, valued at $124,028.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Paul E. Viera purchased 75,000 shares of TAKE-TWO INTERACTIVE SOFTWARE stock in a transaction that occurred on Monday, August 27th. The shares were bought at an average price of $133.93 per share, for a total transaction of $10,044,750.00. Following the transaction, the director now owns 926 shares in the company, valued at $124,019.18. The disclosure for this purchase can be found here. 1.07% of the stock is currently owned by insiders.

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TAKE-TWO INTERACTIVE SOFTWARE Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.

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Institutional Ownership by Quarter for TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO)

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