Profund Advisors LLC Has $916,000 Position in TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO)

Profund Advisors LLC lowered its position in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (NASDAQ:TTWO) by 51.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,365 shares of the company’s stock after selling 9,792 shares during the period. Profund Advisors LLC’s holdings in TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock were worth $916,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Nomura Asset Management Co. Ltd. lifted its position in TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock by 21.9% in the first quarter. Nomura Asset Management Co. Ltd. now owns 16,981 shares of the company’s stock valued at $1,660,000 after acquiring an additional 3,049 shares during the last quarter. Old Mutual Global Investors UK Ltd. lifted its position in TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock by 843.9% in the first quarter. Old Mutual Global Investors UK Ltd. now owns 246,096 shares of the company’s stock valued at $24,063,000 after acquiring an additional 220,025 shares during the last quarter. Pier Capital LLC purchased a new stake in TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock in the first quarter valued at $387,000. Gideon Capital Advisors Inc. purchased a new stake in TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock in the first quarter valued at $221,000. Finally, Asset Management One Co. Ltd. lifted its position in TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock by 1.8% in the first quarter. Asset Management One Co. Ltd. now owns 163,647 shares of the company’s stock valued at $16,001,000 after acquiring an additional 2,885 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

A number of brokerages recently weighed in on TTWO. BidaskClub raised shares of TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock from a “hold” rating to a “buy” rating in a research report on Friday, May 11th. Zacks Investment Research raised shares of TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock from a “sell” rating to a “hold” rating in a research report on Thursday, May 10th. Wedbush set a $132.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock and gave the company a “buy” rating in a research report on Thursday, May 17th. BMO Capital Markets cut shares of TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock from an “outperform” rating to a “market perform” rating and boosted their price target for the company from $129.95 to $135.00 in a research report on Tuesday, June 5th. Finally, Barclays set a $126.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock and gave the company a “buy” rating in a research report on Thursday, May 17th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $128.45.

In related news, VP Daniel P. Emerson sold 13,271 shares of the stock in a transaction dated Monday, June 4th. The shares were sold at an average price of $113.82, for a total transaction of $1,510,505.22. Following the completion of the transaction, the vice president now directly owns 115,616 shares of the company’s stock, valued at $13,159,413.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Strauss Zelnick sold 252,197 shares of the stock in a transaction dated Wednesday, April 4th. The stock was sold at an average price of $95.63, for a total transaction of $24,117,599.11. The disclosure for this sale can be found here. Insiders sold 545,744 shares of company stock valued at $53,150,412 over the last ninety days. Corporate insiders own 1.55% of the company’s stock.

Shares of NASDAQ:TTWO opened at $118.46 on Thursday. TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock has a one year low of $70.39 and a one year high of $129.25. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.40 and a quick ratio of 1.39. The stock has a market capitalization of $12.96 billion, a PE ratio of 67.69, a price-to-earnings-growth ratio of 2.94 and a beta of 1.07.

TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (NASDAQ:TTWO) last announced its earnings results on Wednesday, May 16th. The company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.14. TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock had a net margin of 9.68% and a return on equity of 24.72%. The business had revenue of $411.40 million during the quarter, compared to analysts’ expectations of $447.59 million. During the same period in the prior year, the company earned $0.89 earnings per share. The business’s revenue was up 1.1% compared to the same quarter last year. sell-side analysts predict that TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock will post 2.59 EPS for the current year.

TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets.

Institutional Ownership by Quarter for TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (NASDAQ:TTWO)

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