Dupont Capital Management Corp Acquires Shares of 1,000 Take-Two Interactive Software, Inc. (TTWO)

Dupont Capital Management Corp bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,000 shares of the company’s stock, valued at approximately $102,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in Take-Two Interactive Software by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 8,392,574 shares of the company’s stock worth $615,847,000 after acquiring an additional 115,430 shares during the period. JPMorgan Chase & Co. grew its stake in Take-Two Interactive Software by 1.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,158,753 shares of the company’s stock worth $305,169,000 after acquiring an additional 78,006 shares during the period. Renaissance Technologies LLC grew its stake in Take-Two Interactive Software by 1,045.2% in the 2nd quarter. Renaissance Technologies LLC now owns 1,951,950 shares of the company’s stock worth $143,234,000 after acquiring an additional 1,781,500 shares during the period. Harbour Capital Advisors LLC grew its stake in Take-Two Interactive Software by 7,304.4% in the 2nd quarter. Harbour Capital Advisors LLC now owns 1,637,475 shares of the company’s stock worth $22,315,000 after acquiring an additional 1,615,360 shares during the period. Finally, Jackson Square Partners LLC purchased a new stake in Take-Two Interactive Software in the 2nd quarter worth approximately $107,799,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

Several research firms have commented on TTWO. Jefferies Group LLC reaffirmed a “buy” rating and issued a $140.00 target price (up from $3.00) on shares of Take-Two Interactive Software in a research note on Wednesday, November 8th. Bank of America Corporation lifted their target price on shares of Take-Two Interactive Software from $106.00 to $127.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Wedbush reaffirmed a “neutral” rating and issued a $95.00 target price (up from $66.00) on shares of Take-Two Interactive Software in a research note on Wednesday, November 8th. Benchmark Co. lifted their target price on shares of Take-Two Interactive Software from $110.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Finally, MKM Partners reaffirmed a “buy” rating and issued a $97.00 target price (up from $86.00) on shares of Take-Two Interactive Software in a research note on Wednesday, August 9th. One analyst has rated the stock with a sell rating, four have issued a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $110.65.

In other Take-Two Interactive Software news, CFO Lainie Goldstein sold 30,000 shares of the business’s stock in a transaction on 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 owns 351,019 shares in the company, valued at approximately $40,556,735.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Strauss Zelnick sold 31,004 shares of the business’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $116.49, for a total transaction of $3,611,655.96. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.

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Take-Two Interactive Software, Inc. (TTWO) opened at $118.26 on Tuesday. The company has a current ratio of 1.33, a quick ratio of 1.31 and a debt-to-equity ratio of 0.04. The firm has a market cap of $13,193.66, a price-to-earnings ratio of 45.19, a P/E/G ratio of 3.35 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 1-year low of $46.05 and a 1-year high of $120.62.

Take-Two Interactive Software 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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