Take-Two Interactive Software, Inc. (TTWO) Stake Held by Yorktown Management & Research Co Inc

Yorktown Management & Research Co Inc continued to hold its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,200 shares of the company’s stock at the end of the 2nd quarter. Yorktown Management & Research Co Inc’s holdings in Take-Two Interactive Software were worth $382,000 at the end of the most recent quarter.

A number of other hedge funds have 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 second quarter. Janney Montgomery Scott LLC now owns 9,750 shares of the company’s stock worth $715,000 after purchasing an additional 39 shares during the last quarter. Cigna Investments Inc. New lifted its stake in Take-Two Interactive Software by 1.3% during the second quarter. Cigna Investments Inc. New now owns 3,971 shares of the company’s stock worth $291,000 after purchasing an additional 52 shares during the last quarter. Fifth Third Bancorp lifted its stake 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 during the last quarter. First Citizens Bank & Trust Co. lifted its stake in Take-Two Interactive Software by 1.8% during the second quarter. First Citizens Bank & Trust Co. now owns 7,194 shares of the company’s stock worth $528,000 after purchasing an additional 129 shares during the last quarter. Finally, Neuberger Berman Group LLC lifted its stake in Take-Two Interactive Software by 0.7% during the first quarter. Neuberger Berman Group LLC now owns 31,730 shares of the company’s stock worth $1,881,000 after purchasing an additional 230 shares during the last quarter. 96.20% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) traded up 0.45% during trading on Friday, hitting $99.84. The stock had a trading volume of 429,935 shares. The firm has a 50 day moving average of $92.20 and a 200-day moving average of $73.61. The stock has a market cap of $10.43 billion, a price-to-earnings ratio of 58.94 and a beta of 0.77. Take-Two Interactive Software, Inc. has a 12 month low of $41.70 and a 12 month high of $101.40.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.25. The firm had revenue of $348.30 million for the quarter, compared to analyst estimates of $280.70 million. Take-Two Interactive Software had a net margin of 8.73% and a return on equity of 28.89%. The business’s quarterly revenue was up 27.8% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.21) earnings per share. Equities analysts predict that Take-Two Interactive Software, Inc. will post $2.19 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: This news story was posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this news story on another website, it was stolen and republished in violation of US and international trademark & copyright legislation. The legal version of this news story can be viewed at https://www.chaffeybreeze.com/2017/09/15/take-two-interactive-software-inc-ttwo-stake-held-by-yorktown-management-research-co-inc.html.

Several equities research analysts have issued reports on TTWO shares. Stifel Nicolaus reaffirmed a “buy” rating and set a $74.00 price target (up previously from $64.00) on shares of Take-Two Interactive Software in a research note on Thursday, May 18th. Zacks Investment Research raised Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating and set a $79.00 target price for the company in a research note on Saturday, May 20th. MKM Partners reissued a “buy” rating and issued a $80.00 target price (up previously from $63.00) on shares of Take-Two Interactive Software in a research note on Tuesday, May 23rd. Jefferies Group LLC reissued a “buy” rating and issued a $65.00 target price on shares of Take-Two Interactive Software in a research note on Tuesday, May 23rd. Finally, Benchmark Co. reissued a “buy” rating and issued a $85.00 target price (up previously from $77.00) on shares of Take-Two Interactive Software in a research note on Wednesday, May 24th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $87.42.

In other Take-Two Interactive Software news, CFO Lainie Goldstein sold 30,000 shares of the company’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $87.68, for a total value of $2,630,400.00. Following the completion of the transaction, the chief financial officer now owns 409,019 shares in the company, valued at $35,862,785.92. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Michael Sheresky sold 465 shares of the company’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $89.96, for a total transaction of $41,831.40. Following the completion of the transaction, the director now 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 87,465 shares of company stock valued at $7,677,331 over the last 90 days. 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)

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

Latest News

Leave a Reply