Affinity Investment Advisors LLC bought a new position in shares of Take Two Interactive Software Inc (NASDAQ:TTWO) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,052 shares of the company’s stock, valued at approximately $210,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Engineers Gate Manager LP boosted its position in Take Two Interactive Software by 1,063.4% during the second quarter. Engineers Gate Manager LP now owns 75,841 shares of the company’s stock worth $5,565,000 after purchasing an additional 69,322 shares in the last quarter. Nomura Holdings Inc. purchased a new stake in Take Two Interactive Software during the second quarter worth $385,000. BNP Paribas Arbitrage SA boosted its position in Take Two Interactive Software by 70.2% during the second quarter. BNP Paribas Arbitrage SA now owns 39,335 shares of the company’s stock worth $2,886,000 after purchasing an additional 16,224 shares in the last quarter. Utah Retirement Systems purchased a new stake in Take Two Interactive Software during the second quarter worth $1,332,000. Finally, Eqis Capital Management Inc. boosted its position in Take Two Interactive Software by 19.6% during the second quarter. Eqis Capital Management Inc. now owns 5,837 shares of the company’s stock worth $428,000 after purchasing an additional 957 shares in the last quarter. Institutional investors own 98.46% of the company’s stock.

Shares of Take Two Interactive Software Inc (NASDAQ TTWO) traded down $1.63 during trading hours on Friday, reaching $108.93. The company’s stock had a trading volume of 1,910,102 shares, compared to its average volume of 1,309,764. The firm has a market capitalization of $11.53 billion, a price-to-earnings ratio of 50.47, a PEG ratio of 5.07 and a beta of 0.82. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.44 and a quick ratio of 1.43. Take Two Interactive Software Inc has a 12 month low of $45.87 and a 12 month high of $111.11.

Take Two Interactive Software (NASDAQ:TTWO) last announced 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 during the quarter, compared to analysts’ expectations of $280.70 million. Take Two Interactive Software had a net margin of 8.73% and a return on equity of 28.89%. The firm’s revenue for the quarter was up 27.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.21) EPS. research analysts predict that Take Two Interactive Software Inc will post 1.53 EPS for the current year.

A number of analysts have commented on the company. Jefferies Group LLC reiterated a “buy” rating and set a $108.00 target price (up from $91.00) on shares of Take Two Interactive Software in a research report on Thursday, August 3rd. MKM Partners reiterated a “buy” rating and set a $97.00 target price (up from $86.00) on shares of Take Two Interactive Software in a research report on Wednesday, August 9th. Benchmark Co. reiterated a “buy” rating and set a $100.00 target price (up from $85.00) on shares of Take Two Interactive Software in a research report on Wednesday, August 9th. Stifel Nicolaus boosted their target price on Take Two Interactive Software from $105.00 to $122.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, KeyCorp set a $104.00 target price on Take Two Interactive Software and gave the stock a “buy” rating in a research report on Thursday, August 3rd. One analyst has rated the stock with a sell rating, five have issued a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $96.30.

In other Take Two Interactive Software news, Director Michael Sheresky sold 465 shares of the stock in a transaction on Monday, August 14th. The shares were 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 owns 69,006 shares of the company’s stock, valued at approximately $6,207,779.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.55% of the company’s stock.

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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.

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

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