Bluestein R H & Co. decreased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 12.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,270 shares of the company’s stock after selling 750 shares during the quarter. Bluestein R H & Co.’s holdings in Take-Two Interactive Software were worth $387,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Janney Montgomery Scott LLC increased its stake in Take-Two Interactive Software by 0.4% during the second quarter. Janney Montgomery Scott LLC now owns 9,750 shares of the company’s stock worth $715,000 after acquiring an additional 39 shares during the last quarter. Cigna Investments Inc. New increased its stake in Take-Two Interactive Software by 1.3% during the second quarter. Cigna Investments Inc. New now owns 3,971 shares of the company’s stock worth $291,000 after acquiring an additional 52 shares during the last quarter. Fifth Third Bancorp increased its stake in Take-Two Interactive Software by 6.4% during the first quarter. Fifth Third Bancorp now owns 1,685 shares of the company’s stock worth $100,000 after acquiring an additional 101 shares during the last quarter. First Citizens Bank & Trust Co. increased its stake in Take-Two Interactive Software by 1.8% during the second quarter. First Citizens Bank & Trust Co. now owns 7,194 shares of the company’s stock worth $528,000 after acquiring an additional 129 shares during the last quarter. Finally, Neuberger Berman Group LLC increased its stake in Take-Two Interactive Software by 0.7% during the first quarter. Neuberger Berman Group LLC now owns 31,730 shares of the company’s stock worth $1,881,000 after acquiring an additional 230 shares during the last quarter. 96.68% of the stock is owned by institutional investors.

In other news, Director Michael Sheresky sold 465 shares of the firm’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $89.96, for a total transaction of $41,831.40. Following the completion of the sale, the director now directly owns 69,006 shares in the company, valued at $6,207,779.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael Dornemann sold 7,000 shares of the firm’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $87.80, for a total value of $614,600.00. Following the sale, the director now owns 9,394 shares of the company’s stock, valued at $824,793.20. The disclosure for this sale can be found here. Insiders have sold 87,465 shares of company stock valued at $7,677,331 over the last 90 days. Insiders own 1.55% of the company’s stock.

TTWO has been the subject of a number of research reports. Buckingham Research initiated coverage on Take-Two Interactive Software in a research note on Wednesday, September 20th. They issued a “buy” rating and a $120.00 price objective for the company. Benchmark Co. reaffirmed a “buy” rating and issued a $110.00 price objective (up from $100.00) on shares of Take-Two Interactive Software in a research note on Saturday, September 16th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Take-Two Interactive Software in a research note on Tuesday, September 12th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Take-Two Interactive Software in a research note on Sunday, September 10th. Finally, Goldman Sachs Group, Inc. (The) initiated coverage on Take-Two Interactive Software in a research note on Friday, September 8th. They issued a “buy” rating and a $118.00 price objective for the company. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $89.55.

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) opened at 102.84 on Monday. The stock has a market capitalization of $10.74 billion, a P/E ratio of 60.71 and a beta of 0.77. The firm’s 50-day moving average price is $94.03 and its 200-day moving average price is $74.78. Take-Two Interactive Software, Inc. has a one year low of $41.70 and a one year high of $103.28.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Wednesday, August 2nd. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.25. The company had revenue of $348.30 million during the quarter, compared to the consensus estimate of $280.70 million. Take-Two Interactive Software had a return on equity of 28.89% and a net margin of 8.73%. The company’s revenue was up 27.8% on a year-over-year basis. During the same period last year, the firm earned ($0.21) earnings per share. Equities research analysts anticipate that Take-Two Interactive Software, Inc. will post $2.20 EPS for the current fiscal year.

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Take-Two Interactive Software Company 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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