BlueCrest Capital Management Ltd acquired a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 135,235 shares of the company’s stock, valued at approximately $9,924,000. BlueCrest Capital Management Ltd owned 0.13% of Take-Two Interactive Software at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TTWO. Renaissance Technologies LLC lifted its position in Take-Two Interactive Software by 1,045.2% in the second quarter. Renaissance Technologies LLC now owns 1,951,950 shares of the company’s stock valued at $143,234,000 after buying an additional 1,781,500 shares during the last quarter. Harbour Capital Advisors LLC lifted its position in Take-Two Interactive Software by 7,304.4% in the second quarter. Harbour Capital Advisors LLC now owns 1,637,475 shares of the company’s stock valued at $22,315,000 after buying an additional 1,615,360 shares during the last quarter. Jackson Square Partners LLC acquired a new position in Take-Two Interactive Software in the second quarter valued at about $107,799,000. State Street Corp lifted its position in Take-Two Interactive Software by 62.1% in the first quarter. State Street Corp now owns 3,116,177 shares of the company’s stock valued at $184,699,000 after buying an additional 1,193,381 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in Take-Two Interactive Software by 12.5% in the first quarter. Vanguard Group Inc. now owns 8,277,144 shares of the company’s stock valued at $490,586,000 after buying an additional 916,573 shares during the last quarter. 96.69% of the stock is currently owned by institutional investors.

Take-Two Interactive Software, Inc. (NASDAQ TTWO) traded up 1.99% during mid-day trading on Friday, hitting $106.55. 507,178 shares of the company were exchanged. The firm has a 50 day moving average price of $98.45 and a 200 day moving average price of $78.18. The stock has a market cap of $11.13 billion, a price-to-earnings ratio of 62.90 and a beta of 0.78. Take-Two Interactive Software, Inc. has a 12 month low of $41.70 and a 12 month high of $106.64.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Wednesday, August 2nd. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.19 by $0.25. The firm had revenue of $348.30 million for the quarter, compared to analyst estimates of $280.70 million. Take-Two Interactive Software had a return on equity of 28.89% and a net margin of 8.73%. Take-Two Interactive Software’s revenue for the quarter was up 27.8% on a year-over-year basis. During the same period in the previous year, the company posted ($0.21) EPS. Analysts anticipate that Take-Two Interactive Software, Inc. will post $2.21 EPS for the current fiscal year.

A number of research firms have commented on TTWO. Benchmark Co. reaffirmed a “buy” rating and issued a $100.00 target price (up previously from $85.00) on shares of Take-Two Interactive Software in a research report on Thursday, August 3rd. KeyCorp set a $104.00 target price on shares of Take-Two Interactive Software and gave the company a “buy” rating in a research report on Thursday, August 3rd. BidaskClub cut shares of Take-Two Interactive Software from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 13th. Piper Jaffray Companies reaffirmed an “overweight” rating and issued a $100.00 target price on shares of Take-Two Interactive Software in a research report on Thursday, August 3rd. Finally, Oppenheimer Holdings, Inc. upped their target price on shares of Take-Two Interactive Software from $85.00 to $93.00 and gave the company an “outperform” rating in a research report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $92.30.

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In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 50,000 shares of the company’s stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $87.81, for a total value of $4,390,500.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Lainie Goldstein sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $87.68, for a total value of $2,630,400.00. Following the completion of the transaction, the chief financial officer now directly owns 409,019 shares in the company, valued at $35,862,785.92. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 87,465 shares of company stock worth $7,677,331. 1.55% of the stock is currently owned by corporate insiders.

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.

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

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