Victory Capital Management Inc. lifted its holdings in shares of Take-Two Interactive Software Inc (NASDAQ:TTWO) by 75.8% in the fourth quarter, Holdings Channel reports. The fund owned 632,080 shares of the company’s stock after acquiring an additional 272,444 shares during the period. Victory Capital Management Inc.’s holdings in Take-Two Interactive Software were worth $69,389,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. J.P. Marvel Investment Advisors LLC increased its position in 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 buying an additional 63 shares during the last quarter. Louisiana State Employees Retirement System increased its position in Take-Two Interactive Software by 1.8% in the fourth quarter. Louisiana State Employees Retirement System now owns 28,900 shares of the company’s stock worth $3,173,000 after buying an additional 500 shares during the last quarter. Teacher Retirement System of Texas boosted its holdings in shares of Take-Two Interactive Software by 0.3% in the third quarter. Teacher Retirement System of Texas now owns 183,981 shares of the company’s stock worth $18,808,000 after acquiring an additional 562 shares during the period. Bfsg LLC boosted its holdings in shares of Take-Two Interactive Software by 26.4% in the fourth quarter. Bfsg LLC now owns 2,859 shares of the company’s stock worth $314,000 after acquiring an additional 598 shares during the period. Finally, Oakbrook Investments LLC boosted its holdings in shares of Take-Two Interactive Software by 7.0% in the fourth quarter. Oakbrook Investments LLC now owns 9,500 shares of the company’s stock worth $1,043,000 after acquiring an additional 625 shares during the period. 90.97% of the stock is owned by institutional investors.

In related news, CEO Strauss Zelnick sold 31,004 shares of the business’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $116.49, for a total transaction of $3,611,655.96. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Michael Dornemann sold 5,500 shares of the business’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $118.50, for a total value of $651,750.00. Following the transaction, the director now owns 4,777 shares in the company, valued at approximately $566,074.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 66,504 shares of company stock worth $7,729,606. Company insiders own 1.55% of the company’s stock.

TTWO has been the subject of a number of analyst reports. Benchmark raised their price target on Take-Two Interactive Software from $110.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. KeyCorp reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a report on Tuesday, October 17th. BMO Capital Markets reaffirmed a “buy” rating and issued a $100.00 price target on shares of Take-Two Interactive Software in a report on Friday, October 13th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $105.00 price target on shares of Take-Two Interactive Software in a report on Thursday, October 12th. Finally, MKM Partners raised their price target on Take-Two Interactive Software from $97.00 to $122.00 and gave the stock a “buy” rating in a report on Monday, October 30th. One research analyst has rated the stock with a sell rating, five have given a hold rating and twenty-one have given a buy rating to the company. Take-Two Interactive Software presently has a consensus rating of “Buy” and an average target price of $115.78.

Shares of Take-Two Interactive Software Inc (NASDAQ TTWO) opened at $121.67 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.31 and a current ratio of 1.33. Take-Two Interactive Software Inc has a 52 week low of $53.35 and a 52 week high of $129.25. The stock has a market capitalization of $13,876.84, a PE ratio of 47.53, a price-to-earnings-growth ratio of 3.53 and a beta of 0.85.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings results on Tuesday, November 7th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.22. The firm had revenue of $576.99 million during the quarter, compared to analyst estimates of $516.89 million. Take-Two Interactive Software had a return on equity of 27.10% and a net margin of 6.58%. sell-side analysts forecast that Take-Two Interactive Software Inc will post 2.24 EPS for the current year.

COPYRIGHT VIOLATION NOTICE: “Take-Two Interactive Software Inc (TTWO) Shares Bought by Victory Capital Management Inc.” was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this news story on another domain, it was illegally copied and reposted in violation of U.S. and international copyright law. The legal version of this news story can be accessed at https://www.thecerbatgem.com/2018/02/05/take-two-interactive-software-inc-ttwo-shares-bought-by-victory-capital-management-inc.html.

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.

Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Take-Two Interactive Software Inc (NASDAQ:TTWO).

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

Receive News & Ratings for Take-Two Interactive Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software and related companies with MarketBeat.com's FREE daily email newsletter.