2 weeks Ago By ABMN Staff
Mark Asset Management LP grew its stake in shares of Take-Two Interactive Software, Inc. ( NASDAQ:TTWO – Free Report ) by 17.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission.
The firm owned 138,011 shares of the company’s stock after purchasing an additional 20,360 shares during the quarter. Take-Two Interactive Software makes up approximately 2.1% of Mark Asset Management LP’s investment portfolio, making the stock its 12th largest position.
Mark Asset Management LP owned approximately 0.08% of Take-Two Interactive Software worth $21,459,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds have also recently made changes to their positions in the stock.
TD Asset Management Inc boosted its stake in shares of Take-Two Interactive Software by 269.8% during the fourth quarter. TD Asset Management Inc now owns 495,177 shares of the company’s stock valued at $79,699,000 after purchasing an additional 361,273 shares in the last quarter.
Secured Retirement Advisors LLC purchased a new position in Take-Two Interactive Software in the fourth quarter valued at about $953,000. Nordea Investment Management AB lifted its position in shares of Take-Two Interactive Software by 3.5% during the first quarter.
Nordea Investment Management AB now owns 731,045 shares of the company’s stock valued at $109,182,000 after buying an additional 24,723 shares during the last quarter. QRG Capital Management Inc. boosted its holdings in shares of Take-Two Interactive Software by 169.
7% in the 1st quarter. QRG Capital Management Inc. now owns 14,425 shares of the company’s stock valued at $2,142,000 after buying an additional 9,076 shares in the last quarter.
Finally, Wellington Management Group LLP grew its position in shares of Take-Two Interactive Software by 421.0% in the 4th quarter. Wellington Management Group LLP now owns 327,006 shares of the company’s stock worth $52,632,000 after buying an additional 264,244 shares during the last quarter.
95.46% of the stock is currently owned by institutional investors. Take-Two Interactive Software Stock Performance NASDAQ TTWO opened at $151.
69 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.
90 and a quick ratio of 0.90. The company has a market cap of $26.
59 billion, a P/E ratio of -6.90, a P/E/G ratio of 4.39 and a beta of 0.
86. The stock has a 50-day moving average of $151.76 and a two-hundred day moving average of $151.
30. Take-Two Interactive Software, Inc. has a 1-year low of $130.
34 and a 1-year high of $171.59. Insider Activity In other news, Director Michael Sheresky sold 191 shares of the firm’s stock in a transaction on Monday, August 19th.
The shares were sold at an average price of $149.83, for a total value of $28,617.53.
Following the sale, the director now directly owns 64,378 shares in the company, valued at approximately $9,645,755.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website .
Company insiders own 1.37% of the company’s stock. Wall Street Analysts Forecast Growth A number of research firms have recently weighed in on TTWO.
Jefferies Financial Group raised their price objective on Take-Two Interactive Software from $175.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday, July 11th.
Wedbush restated an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Redburn Atlantic assumed coverage on Take-Two Interactive Software in a research report on Thursday, August 29th.
They issued a “buy” rating and a $194.00 target price on the stock. Stifel Nicolaus lifted their price objective on shares of Take-Two Interactive Software from $175.
00 to $191.00 and gave the company a “buy” rating in a research note on Thursday, September 5th. Finally, HSBC upgraded shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.
00 price objective on the stock in a research note on Monday, August 12th. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.
com, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and an average price target of $185.10. Check Out Our Latest Research Report on Take-Two Interactive Software Take-Two Interactive Software Profile ( Free Report ) Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide.
The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names. Featured Stories 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 – Free Report ). Receive News & Ratings for Take-Two Interactive Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software and related companies with MarketBeat.
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