CLARET ASSET MANAGEMENT Corp Acquires 684 Shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (TTWO)

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CLARET ASSET MANAGEMENT Corp grew its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 24.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,539 shares of the company’s stock after buying an additional 684 shares during the quarter. CLARET ASSET MANAGEMENT Corp’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $488,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Commonwealth Equity Services LLC raised its position in TAKE-TWO INTERACTIVE SOFTWARE by 39.4% in the 1st quarter. Commonwealth Equity Services LLC now owns 4,490 shares of the company’s stock worth $439,000 after purchasing an additional 1,268 shares during the period. Ladenburg Thalmann Financial Services Inc. raised its position in TAKE-TWO INTERACTIVE SOFTWARE by 86.4% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,879 shares of the company’s stock worth $478,000 after purchasing an additional 2,261 shares during the period. LPL Financial LLC raised its position in TAKE-TWO INTERACTIVE SOFTWARE by 19.9% in the 1st quarter. LPL Financial LLC now owns 8,662 shares of the company’s stock worth $847,000 after purchasing an additional 1,436 shares during the period. Suntrust Banks Inc. purchased a new stake in TAKE-TWO INTERACTIVE SOFTWARE in the 1st quarter worth about $268,000. Finally, DnB Asset Management AS raised its position in TAKE-TWO INTERACTIVE SOFTWARE by 7.0% in the 2nd quarter. DnB Asset Management AS now owns 10,700 shares of the company’s stock worth $1,266,000 after purchasing an additional 700 shares during the period. Hedge funds and other institutional investors own 92.93% of the company’s stock.

Shares of NASDAQ TTWO traded up $11.15 during midday trading on Tuesday, reaching $122.87. 271,950 shares of the company’s stock traded hands, compared to its average volume of 2,123,855. TAKE-TWO INTERACTIVE SOFTWARE, INC has a one year low of $92.81 and a one year high of $139.91. The company has a market cap of $13.67 billion, a PE ratio of 70.19, a P/E/G ratio of 2.40 and a beta of 0.99.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last released its quarterly earnings data on Thursday, August 2nd. The company reported $0.02 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.05) by $0.07. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 10.49% and a return on equity of 18.54%. The firm had revenue of $288.33 million for the quarter, compared to the consensus estimate of $258.95 million. As a group, equities research analysts expect that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 2.98 earnings per share for the current year.

In other news, VP Daniel P. Emerson sold 13,268 shares of the stock in a transaction that occurred on Wednesday, October 10th. The shares were sold at an average price of $123.63, for a total transaction of $1,640,322.84. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Paul E. Viera acquired 75,000 shares of the company’s stock in a transaction dated Monday, August 27th. The shares were acquired at an average price of $133.93 per share, for a total transaction of $10,044,750.00. Following the completion of the purchase, the director now owns 926 shares of the company’s stock, valued at approximately $124,019.18. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 66,676 shares of company stock worth $8,594,500. Insiders own 1.07% of the company’s stock.

A number of analysts recently weighed in on TTWO shares. Zacks Investment Research raised shares of TAKE-TWO INTERACTIVE SOFTWARE from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 17th. BidaskClub upgraded shares of TAKE-TWO INTERACTIVE SOFTWARE from a “hold” rating to a “buy” rating in a research note on Friday, September 14th. Wedbush set a $132.00 target price on shares of TAKE-TWO INTERACTIVE SOFTWARE and gave the stock a “buy” rating in a research note on Thursday, July 26th. Stifel Nicolaus upped their target price on shares of TAKE-TWO INTERACTIVE SOFTWARE from $137.00 to $144.00 and gave the stock a “buy” rating in a research note on Tuesday, September 11th. Finally, ValuEngine downgraded shares of TAKE-TWO INTERACTIVE SOFTWARE from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 7th. Five research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the stock. TAKE-TWO INTERACTIVE SOFTWARE has a consensus rating of “Buy” and an average price target of $139.00.

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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