Growth Interface Management LLC purchased a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 81,000 shares of the company’s stock, valued at approximately $8,338,000. TAKE-TWO INTERACTIVE SOFTWARE accounts for approximately 8.4% of Growth Interface Management LLC’s investment portfolio, making the stock its 8th biggest holding.
Other institutional investors have also modified their holdings of the company. Advisors Asset Management Inc. lifted its position in TAKE-TWO INTERACTIVE SOFTWARE by 43.7% during the second quarter. Advisors Asset Management Inc. now owns 5,290 shares of the company’s stock valued at $626,000 after buying an additional 1,608 shares during the period. Atria Investments LLC purchased a new position in TAKE-TWO INTERACTIVE SOFTWARE during the third quarter valued at $374,000. We Are One Seven LLC bought a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE during the third quarter valued at $283,000. DNB Asset Management AS increased its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 4.7% during the third quarter. DNB Asset Management AS now owns 11,200 shares of the company’s stock valued at $1,545,000 after acquiring an additional 500 shares in the last quarter. Finally, MAI Capital Management bought a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE during the third quarter valued at $794,000. 92.80% of the stock is currently owned by institutional investors.
Several equities analysts have recently weighed in on the company. Barclays set a $144.00 price target on TAKE-TWO INTERACTIVE SOFTWARE and gave the company a “buy” rating in a report on Thursday, November 8th. MKM Partners reduced their price target on TAKE-TWO INTERACTIVE SOFTWARE to $115.00 and set a “buy” rating for the company in a report on Thursday. Buckingham Research restated a “buy” rating and set a $130.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Tuesday, December 18th. Stephens assumed coverage on TAKE-TWO INTERACTIVE SOFTWARE in a report on Thursday, January 10th. They set an “overweight” rating and a $138.00 price target for the company. Finally, Benchmark raised their price target on TAKE-TWO INTERACTIVE SOFTWARE from $124.00 to $156.00 and gave the company a “buy” rating in a report on Thursday. Four analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $136.90.
NASDAQ TTWO opened at $97.14 on Monday. TAKE-TWO INTERACTIVE SOFTWARE, INC has a one year low of $91.49 and a one year high of $139.91. The stock has a market capitalization of $10.99 billion, a P/E ratio of 55.51, a price-to-earnings-growth ratio of 1.65 and a beta of 1.07.
TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last announced its earnings results on Wednesday, February 6th. The company reported $3.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.02 by $1.17. The business had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.50 billion. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 28.92% and a net margin of 14.26%. The business’s revenue for the quarter was up 139.9% on a year-over-year basis. During the same period last year, the firm posted $1.12 earnings per share. On average, analysts predict that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.37 earnings per share for the current fiscal year.
TAKE-TWO INTERACTIVE SOFTWARE 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; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.
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