Take-Two Interactive (TTWO) Shares Bought by Tredje AP fonden

Tredje AP fonden raised its position in shares of Take-Two Interactive (NASDAQ:TTWO) by 110.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,470 shares of the company’s stock after buying an additional 4,980 shares during the period. Tredje AP fonden’s holdings in Take-Two Interactive were worth $926,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TTWO. Carillon Tower Advisers Inc. acquired a new stake in shares of Take-Two Interactive in the fourth quarter valued at $67,703,000. Jackson Square Partners LLC raised its stake in shares of Take-Two Interactive by 11.6% in the fourth quarter. Jackson Square Partners LLC now owns 3,898,808 shares of the company’s stock valued at $428,011,000 after acquiring an additional 403,740 shares in the last quarter. Hunt Lane Capital LP acquired a new stake in shares of Take-Two Interactive in the fourth quarter valued at $32,824,000. First Trust Advisors LP raised its stake in shares of Take-Two Interactive by 124.1% in the fourth quarter. First Trust Advisors LP now owns 528,938 shares of the company’s stock valued at $58,067,000 after acquiring an additional 292,884 shares in the last quarter. Finally, Victory Capital Management Inc. raised its stake in shares of Take-Two Interactive by 75.8% in the fourth quarter. Victory Capital Management Inc. now owns 632,080 shares of the company’s stock valued at $69,389,000 after acquiring an additional 272,444 shares in the last quarter. Institutional investors and hedge funds own 94.53% of the company’s stock.

Take-Two Interactive opened at $112.60 on Thursday, Marketbeat reports. Take-Two Interactive has a 1-year low of $70.39 and a 1-year high of $129.25. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.39 and a current ratio of 1.40. The firm has a market capitalization of $12.95 billion, a price-to-earnings ratio of 64.34, a price-to-earnings-growth ratio of 2.93 and a beta of 1.06.

Take-Two Interactive (NASDAQ:TTWO) last posted its earnings results on Wednesday, May 16th. The company reported $0.77 EPS for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.14. Take-Two Interactive had a return on equity of 24.72% and a net margin of 9.68%. The business had revenue of $411.40 million for the quarter, compared to analysts’ expectations of $447.59 million. During the same quarter in the previous year, the firm earned $0.89 earnings per share. The business’s revenue was up 1.1% compared to the same quarter last year. analysts anticipate that Take-Two Interactive will post 2.59 earnings per share for the current fiscal year.

In other news, President Karl Slatoff sold 12,263 shares of Take-Two Interactive stock in a transaction dated Wednesday, April 4th. The stock was sold at an average price of $93.95, for a total transaction of $1,152,108.85. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Strauss Zelnick sold 40,000 shares of Take-Two Interactive stock in a transaction dated Friday, May 18th. The stock was sold at an average price of $113.29, for a total value of $4,531,600.00. The disclosure for this sale can be found here. Insiders have sold 532,131 shares of company stock worth $51,600,806 in the last quarter. Insiders own 1.55% of the company’s stock.

Several analysts have recently issued reports on the company. Zacks Investment Research upgraded Take-Two Interactive from a “sell” rating to a “hold” rating in a research note on Thursday, May 10th. Wedbush set a $126.00 price objective on Take-Two Interactive and gave the company a “hold” rating in a research note on Thursday, February 8th. BidaskClub upgraded Take-Two Interactive from a “hold” rating to a “buy” rating in a research note on Friday, May 11th. KeyCorp increased their price objective on Take-Two Interactive to $152.00 and gave the company an “overweight” rating in a research note on Thursday, May 17th. They noted that the move was a valuation call. Finally, TheStreet upgraded Take-Two Interactive from a “c+” rating to a “b” rating in a research note on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $128.45.

Take-Two Interactive Company 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; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets.

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

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