Gofen & Glossberg LLC IL Boosts Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Gofen & Glossberg LLC IL increased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWOGet Rating) by 29.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,333 shares of the company’s stock after buying an additional 2,832 shares during the quarter. Gofen & Glossberg LLC IL’s holdings in Take-Two Interactive Software were worth $1,511,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC grew its stake in Take-Two Interactive Software by 10.3% in the 1st quarter. Kestra Advisory Services LLC now owns 3,907 shares of the company’s stock worth $601,000 after acquiring an additional 366 shares during the period. State of Alaska Department of Revenue raised its stake in shares of Take-Two Interactive Software by 37.1% in the 2nd quarter. State of Alaska Department of Revenue now owns 77,086 shares of the company’s stock valued at $9,445,000 after purchasing an additional 20,850 shares in the last quarter. LPL Financial LLC grew its position in shares of Take-Two Interactive Software by 5.7% during the 4th quarter. LPL Financial LLC now owns 23,857 shares of the company’s stock valued at $4,240,000 after buying an additional 1,293 shares during the last quarter. Banque Cantonale Vaudoise grew its position in shares of Take-Two Interactive Software by 383.4% during the 1st quarter. Banque Cantonale Vaudoise now owns 16,671 shares of the company’s stock valued at $2,564,000 after buying an additional 13,222 shares during the last quarter. Finally, Forsta AP Fonden grew its position in shares of Take-Two Interactive Software by 4.4% during the 1st quarter. Forsta AP Fonden now owns 23,700 shares of the company’s stock valued at $3,644,000 after buying an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 95.43% of the company’s stock.

Take-Two Interactive Software Trading Down 2.7 %

Shares of Take-Two Interactive Software stock opened at $114.74 on Friday. The stock has a market capitalization of $13.29 billion, a P/E ratio of 75.49, a price-to-earnings-growth ratio of 1.98 and a beta of 0.77. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.30. The company has a 50-day simple moving average of $125.76 and a 200 day simple moving average of $129.90. Take-Two Interactive Software, Inc. has a 12-month low of $101.85 and a 12-month high of $195.82.

Take-Two Interactive Software (NASDAQ:TTWOGet Rating) last announced its earnings results on Monday, August 8th. The company reported ($0.76) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($1.60). The firm had revenue of $1,000.00 million for the quarter, compared to analyst estimates of $1.11 billion. Take-Two Interactive Software had a return on equity of 8.21% and a net margin of 4.26%. The company’s revenue for the quarter was up 40.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.70 EPS. Research analysts expect that Take-Two Interactive Software, Inc. will post 3.27 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Barclays boosted their price objective on shares of Take-Two Interactive Software to $175.00 in a research report on Monday, August 15th. StockNews.com downgraded shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Wednesday, August 10th. Robert W. Baird dropped their price target on shares of Take-Two Interactive Software from $145.00 to $140.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 9th. UBS Group dropped their price target on shares of Take-Two Interactive Software from $185.00 to $143.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 29th. Finally, Ascendiant Capital Markets set a $160.00 price target on shares of Take-Two Interactive Software in a research note on Monday, June 20th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $167.12.

Take-Two Interactive Software Company Profile

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Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and T2 Mobile Games names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead Redemption names; and offers episodes and content, as well as develops brands in other genres, including the LA Noire, Bully, and Manhunt franchises.

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

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