Stevens Capital Management LP raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 213.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,598 shares of the company’s stock after acquiring an additional 11,992 shares during the quarter. Stevens Capital Management LP’s holdings in Take-Two Interactive Software were worth $1,291,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Fifth Third Bancorp raised its holdings in Take-Two Interactive Software by 6.4% during the first quarter. Fifth Third Bancorp now owns 1,685 shares of the company’s stock worth $100,000 after purchasing an additional 101 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in Take-Two Interactive Software during the first quarter worth approximately $114,000. Smithfield Trust Co. acquired a new stake in Take-Two Interactive Software during the second quarter worth approximately $125,000. Crow Point Partners LLC raised its holdings in Take-Two Interactive Software by 63.4% during the second quarter. Crow Point Partners LLC now owns 1,775 shares of the company’s stock worth $129,000 after purchasing an additional 689 shares in the last quarter. Finally, Fortaleza Asset Management Inc. acquired a new stake in Take-Two Interactive Software during the second quarter worth approximately $134,000. Institutional investors own 96.09% of the company’s stock.

A number of research firms have weighed in on TTWO. Buckingham Research began coverage on shares of Take-Two Interactive Software in a report on Wednesday. They set a “buy” rating and a $120.00 price objective on the stock. Benchmark Co. reissued a “buy” rating and set a $110.00 price objective (up previously from $100.00) on shares of Take-Two Interactive Software in a report on Saturday, September 16th. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a report on Tuesday, September 12th. Piper Jaffray Companies reissued a “buy” rating and set a $100.00 price objective on shares of Take-Two Interactive Software in a report on Sunday, September 10th. Finally, Goldman Sachs Group, Inc. (The) began coverage on shares of Take-Two Interactive Software in a report on Friday, September 8th. They set a “buy” rating and a $118.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. Take-Two Interactive Software presently has a consensus rating of “Buy” and an average price target of $89.55.

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 50,000 shares of the stock in a transaction on 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 document filed with the SEC, which is available through this link. Also, CFO Lainie Goldstein sold 30,000 shares of the stock in a transaction on 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 directly owns 409,019 shares in the company, valued at $35,862,785.92. The disclosure for this sale can be found here. Insiders have sold 87,465 shares of company stock worth $7,677,331 over the last 90 days. 1.55% of the stock is currently owned by company insiders.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) opened at 102.84 on Friday. The firm has a 50-day moving average of $94.03 and a 200 day moving average of $74.78. Take-Two Interactive Software, Inc. has a 52 week low of $41.70 and a 52 week high of $103.04. The firm has a market capitalization of $10.74 billion, a PE ratio of 60.71 and a beta of 0.77.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.44 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.25. Take-Two Interactive Software had a return on equity of 28.89% and a net margin of 8.73%. The firm had revenue of $348.30 million for the quarter, compared to analysts’ expectations of $280.70 million. During the same period last year, the business posted ($0.21) earnings per share. The firm’s revenue for the quarter was up 27.8% on a year-over-year basis. Analysts predict that Take-Two Interactive Software, Inc. will post $2.20 earnings per share for the current year.

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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.

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

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