Davidson Kempner Capital Management LP raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 11.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 700,000 shares of the company’s stock after acquiring an additional 72,387 shares during the period. Take-Two Interactive Software makes up 1.2% of Davidson Kempner Capital Management LP’s portfolio, making the stock its 13th biggest position. Davidson Kempner Capital Management LP owned approximately 0.67% of Take-Two Interactive Software worth $51,366,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC grew its stake in shares of Take-Two Interactive Software by 0.4% in 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 grew its stake in shares of Take-Two Interactive Software by 1.3% in 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. J.P. Marvel Investment Advisors LLC grew its stake in shares of Take-Two Interactive Software by 0.3% in the second quarter. J.P. Marvel Investment Advisors LLC now owns 21,158 shares of the company’s stock worth $1,553,000 after acquiring an additional 63 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of Take-Two Interactive Software by 6.4% in 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. Finally, First Citizens Bank & Trust Co. grew its stake in shares of Take-Two Interactive Software by 1.8% in 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. 96.70% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts recently commented on TTWO shares. Jefferies Group LLC reaffirmed a “buy” rating and set a $108.00 price objective (up from $91.00) on shares of Take-Two Interactive Software in a research report on Thursday, August 3rd. MKM Partners reaffirmed a “buy” rating and set a $97.00 price objective (up from $86.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Benchmark Co. reaffirmed a “buy” rating and set a $100.00 price objective (up from $85.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. KeyCorp reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research report on Tuesday. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $96.00 price objective (up from $87.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. One analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Take-Two Interactive Software has an average rating of “Buy” and an average price target of $94.20.

In other news, CEO Strauss Zelnick sold 50,000 shares of the company’s stock in a transaction dated 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 filing with the SEC, which is available at this hyperlink. Also, CFO Lainie Goldstein sold 30,000 shares of the company’s stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $87.68, for a total value of $2,630,400.00. Following the completion of the sale, the chief financial officer now owns 409,019 shares in the company, valued at approximately $35,862,785.92. The disclosure for this sale can be found here. In the last quarter, insiders have sold 87,465 shares of company stock worth $7,677,331. Company insiders own 1.55% of the company’s stock.

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Take-Two Interactive Software, Inc. (TTWO) traded up 0.35% on Friday, hitting $104.93. The stock had a trading volume of 693,466 shares. The company has a 50 day moving average price of $101.51 and a 200-day moving average price of $81.80. Take-Two Interactive Software, Inc. has a 52-week low of $42.65 and a 52-week high of $107.53. The company has a market cap of $10.96 billion, a price-to-earnings ratio of 61.94 and a beta of 0.78.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported $0.44 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.25. The business had revenue of $348.30 million for 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 quarterly revenue was up 27.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.21) EPS. On average, equities research analysts predict that Take-Two Interactive Software, Inc. will post $2.20 earnings per share for the current year.

About Take-Two Interactive Software

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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