K2 Principal Fund L.P. acquired a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 16,903 shares of the company’s stock, valued at approximately $1,728,000.

A number of other large investors also recently modified their holdings of the business. Janney Montgomery Scott LLC lifted its stake in Take-Two Interactive Software by 0.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 9,750 shares of the company’s stock valued at $715,000 after acquiring an additional 39 shares in the last quarter. Cigna Investments Inc. New lifted its stake in Take-Two Interactive Software by 1.3% during the 2nd quarter. Cigna Investments Inc. New now owns 3,971 shares of the company’s stock valued at $291,000 after acquiring an additional 52 shares in the last quarter. J.P. Marvel Investment Advisors LLC lifted its stake in Take-Two Interactive Software by 0.3% during the 2nd quarter. J.P. Marvel Investment Advisors LLC now owns 21,158 shares of the company’s stock valued at $1,553,000 after acquiring an additional 63 shares in the last quarter. First Citizens Bank & Trust Co. lifted its stake in Take-Two Interactive Software by 1.8% during the 2nd quarter. First Citizens Bank & Trust Co. now owns 7,194 shares of the company’s stock valued at $528,000 after acquiring an additional 129 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Take-Two Interactive Software by 2.3% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,154 shares of the company’s stock valued at $1,112,000 after acquiring an additional 340 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) opened at $117.94 on Friday. Take-Two Interactive Software, Inc. has a twelve month low of $46.27 and a twelve month high of $120.62. The firm has a market capitalization of $13,451.42, a PE ratio of 46.07, a P/E/G ratio of 3.42 and a beta of 0.82. The company has a quick ratio of 1.31, a current ratio of 1.33 and a debt-to-equity ratio of 0.04.

Several equities analysts have weighed in on TTWO shares. Benchmark Co. restated a “buy” rating and set a $100.00 price objective (up from $85.00) on shares of Take-Two Interactive Software in a research note on Thursday, August 3rd. Piper Jaffray Companies reiterated a “buy” rating and set a $125.00 target price on shares of Take-Two Interactive Software in a research note on Wednesday, November 8th. Credit Suisse Group reiterated a “neutral” rating and set a $116.00 target price (up from $95.00) on shares of Take-Two Interactive Software in a research note on Wednesday, November 8th. Stifel Nicolaus reiterated a “buy” rating and set a $96.00 target price (up from $87.00) on shares of Take-Two Interactive Software in a research note on Thursday, August 3rd. Finally, Buckingham Research lifted their target price on Take-Two Interactive Software from $120.00 to $127.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $112.90.

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In related news, Director Michael Dornemann sold 5,500 shares of Take-Two Interactive Software stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $118.50, for a total value of $651,750.00. Following the completion of the sale, the director now owns 4,777 shares of the company’s stock, valued at approximately $566,074.50. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Strauss Zelnick sold 31,004 shares of Take-Two Interactive Software stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $116.49, for a total value of $3,611,655.96. The disclosure for this sale can be found here. In the last three months, insiders sold 66,504 shares of company stock valued at $7,729,606. 1.55% of the stock is currently owned by insiders.

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.

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

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