Jackson Square Partners LLC bought a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 2nd quarter, according to its most recent filing with the SEC. The fund bought 1,469,058 shares of the company’s stock, valued at approximately $107,799,000. Jackson Square Partners LLC owned 1.39% of Take-Two Interactive Software at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Janney Montgomery Scott LLC lifted its stake in shares of Take-Two Interactive Software by 0.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 9,750 shares of the company’s stock valued at $715,000 after purchasing an additional 39 shares during the period. Cigna Investments Inc. New lifted its stake in shares of Take-Two Interactive Software by 1.3% in the 2nd quarter. Cigna Investments Inc. New now owns 3,971 shares of the company’s stock valued at $291,000 after purchasing an additional 52 shares during the period. Fifth Third Bancorp lifted its stake in shares of Take-Two Interactive Software by 6.4% in the 1st quarter. Fifth Third Bancorp now owns 1,685 shares of the company’s stock valued at $100,000 after purchasing an additional 101 shares during the period. First Citizens Bank & Trust Co. lifted its stake in shares of Take-Two Interactive Software by 1.8% in the 2nd quarter. First Citizens Bank & Trust Co. now owns 7,194 shares of the company’s stock valued at $528,000 after purchasing an additional 129 shares during the period. Finally, Neuberger Berman Group LLC lifted its stake in shares of Take-Two Interactive Software by 0.7% in the 1st quarter. Neuberger Berman Group LLC now owns 31,730 shares of the company’s stock valued at $1,881,000 after purchasing an additional 230 shares during the period. Hedge funds and other institutional investors own 96.68% of the company’s stock.

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In other news, CFO Lainie Goldstein sold 30,000 shares of Take-Two Interactive Software stock in a transaction on Friday, August 4th. The stock was sold at an average price of $87.68, for a total transaction of $2,630,400.00. Following the completion of the transaction, the chief financial officer now owns 409,019 shares of the company’s stock, valued at approximately $35,862,785.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Michael Sheresky sold 465 shares of Take-Two Interactive Software stock in a transaction on Monday, August 14th. The stock was sold at an average price of $89.96, for a total value of $41,831.40. Following the transaction, the director now directly owns 69,006 shares of the company’s stock, valued at approximately $6,207,779.76. The disclosure for this sale can be found here. Insiders have sold a total of 87,465 shares of company stock valued at $7,677,331 in the last ninety days. Corporate insiders own 1.55% of the company’s stock.

Several equities analysts recently issued reports on TTWO shares. Stifel Nicolaus reiterated a “buy” rating and issued a $105.00 target price (up from $96.00) on shares of Take-Two Interactive Software in a research note on Wednesday, September 6th. Zacks Investment Research raised shares of Take-Two Interactive Software from a “strong sell” rating to a “hold” rating in a report on Thursday, July 27th. Benchmark Co. reissued a “buy” rating and issued a $110.00 price target (up previously from $100.00) on shares of Take-Two Interactive Software in a report on Saturday, September 16th. Cowen and Company reissued a “buy” rating and issued a $83.00 price target on shares of Take-Two Interactive Software in a report on Friday, September 8th. Finally, Goldman Sachs Group, Inc. (The) began coverage on shares of Take-Two Interactive Software in a report on Friday, September 8th. They issued a “buy” rating and a $118.00 price target for the company. One investment analyst has rated the stock with a sell rating, four have given a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Take-Two Interactive Software has a consensus rating of “Buy” and a consensus price target of $90.50.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Wednesday, August 2nd. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.25. The business 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 business’s revenue was up 27.8% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.21) EPS.

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.

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

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