Take-Two Interactive Software Inc (TTWO) Shares Sold by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC decreased its position in shares of Take-Two Interactive Software Inc (NASDAQ:TTWO) by 38.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,954 shares of the company’s stock after selling 50,555 shares during the period. Take-Two Interactive Software accounts for 0.5% of Cubist Systematic Strategies LLC’s investment portfolio, making the stock its 14th biggest holding. Cubist Systematic Strategies LLC owned approximately 0.07% of Take-Two Interactive Software worth $8,174,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Dupont Capital Management Corp bought a new position in shares of Take-Two Interactive Software during the 3rd quarter worth about $102,000. Invictus RG increased its holdings in shares of Take-Two Interactive Software by 1,188.8% during the 3rd quarter. Invictus RG now owns 1,031 shares of the company’s stock worth $105,000 after purchasing an additional 951 shares during the period. Fortaleza Asset Management Inc. bought a new position in shares of Take-Two Interactive Software during the 2nd quarter worth about $134,000. Pittenger & Anderson Inc. increased its holdings in shares of Take-Two Interactive Software by 124.1% during the 3rd quarter. Pittenger & Anderson Inc. now owns 1,625 shares of the company’s stock worth $166,000 after purchasing an additional 900 shares during the period. Finally, Bronfman E.L. Rothschild L.P. increased its holdings in shares of Take-Two Interactive Software by 1,088.9% during the 3rd quarter. Bronfman E.L. Rothschild L.P. now owns 1,712 shares of the company’s stock worth $175,000 after purchasing an additional 1,568 shares during the period. 91.26% of the stock is owned by hedge funds and other institutional investors.

TTWO has been the topic of several research reports. Piper Jaffray Companies restated a “buy” rating and set a $125.00 price objective on shares of Take-Two Interactive Software in a report on Wednesday, November 8th. Credit Suisse Group restated a “hold” rating and set a $116.00 price objective on shares of Take-Two Interactive Software in a report on Thursday. Buckingham Research boosted their price objective on shares of Take-Two Interactive Software from $120.00 to $127.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. Cowen downgraded shares of Take-Two Interactive Software from an “outperform” rating to a “market perform” rating and set a $83.00 price objective on the stock. in a report on Monday, October 9th. Finally, Benchmark restated a “buy” rating and set a $110.00 price objective (up previously from $100.00) on shares of Take-Two Interactive Software in a report on Saturday, September 16th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $112.90.

In other Take-Two Interactive Software news, CFO Lainie Goldstein sold 30,000 shares of the business’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $115.54, for a total value of $3,466,200.00. Following the transaction, the chief financial officer now directly owns 351,019 shares in the company, valued at $40,556,735.26. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Michael Dornemann sold 5,500 shares of the business’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $118.50, for a total transaction of $651,750.00. Following the completion of the transaction, the director now owns 4,777 shares in the company, valued at $566,074.50. The disclosure for this sale can be found here. In the last three months, insiders sold 66,504 shares of company stock worth $7,729,606. 1.55% of the stock is currently owned by insiders.

Shares of Take-Two Interactive Software Inc (NASDAQ TTWO) opened at $106.81 on Monday. The firm has a market cap of $12,182.00, a PE ratio of 41.72, a P/E/G ratio of 3.10 and a beta of 0.81. Take-Two Interactive Software Inc has a 52 week low of $48.58 and a 52 week high of $120.62. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.33 and a quick ratio of 1.31.

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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.

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

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