256,735 Shares in TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO) Acquired by Light Street Capital Management LLC

Light Street Capital Management LLC acquired a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (NASDAQ:TTWO) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 256,735 shares of the company’s stock, valued at approximately $30,387,000. TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock makes up about 2.1% of Light Street Capital Management LLC’s portfolio, making the stock its 16th biggest holding.

Several other large investors have also added to or reduced their stakes in TTWO. Massey Quick Simon & CO. LLC boosted its position in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock by 143.6% during the 1st quarter. Massey Quick Simon & CO. LLC now owns 1,062 shares of the company’s stock worth $104,000 after acquiring an additional 626 shares in the last quarter. Global X Management Co. LLC purchased a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock in the 1st quarter valued at about $112,000. CenterStar Asset Management LLC purchased a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock in the 2nd quarter valued at about $120,000. Tiverton Asset Management LLC purchased a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock in the 1st quarter valued at about $153,000. Finally, Piedmont Investment Advisors LLC purchased a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock in the 2nd quarter valued at about $155,000. 92.53% of the stock is owned by institutional investors and hedge funds.

Several analysts have recently weighed in on TTWO shares. Zacks Investment Research downgraded TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 22nd. BMO Capital Markets boosted their target price on TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock from $116.00 to $119.00 and gave the company a “market perform” rating in a report on Monday, August 6th. ValuEngine downgraded TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 7th. Stifel Nicolaus boosted their target price on TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock from $131.00 to $137.00 and gave the company a “buy” rating in a report on Monday, August 6th. Finally, Wedbush set a $132.00 target price on TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock and gave the company a “buy” rating in a report on Thursday, July 26th. Six investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $132.68.

In related news, Director Paul E. Viera acquired 75,000 shares of TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock stock in a transaction on Monday, August 27th. The stock was purchased at an average cost of $133.93 per share, with a total value of $10,044,750.00. Following the purchase, the director now directly owns 926 shares in the company, valued at $124,019.18. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael Sheresky sold 295 shares of the company’s stock in a transaction that occurred on Monday, August 13th. The shares were sold at an average price of $129.07, for a total value of $38,075.65. Following the sale, the director now directly owns 69,168 shares of the company’s stock, valued at $8,927,513.76. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 53,408 shares of company stock valued at $6,954,178. 1.07% of the stock is owned by company insiders.

TTWO traded down $0.75 on Friday, hitting $129.60. 7,042 shares of the company traded hands, compared to its average volume of 1,593,518. The company has a market cap of $14.67 billion, a PE ratio of 74.07, a P/E/G ratio of 2.58 and a beta of 0.96. TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock has a 12-month low of $92.81 and a 12-month high of $138.65.

TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (NASDAQ:TTWO) last posted its quarterly earnings data on Thursday, August 2nd. The company reported $0.02 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.07. The firm had revenue of $288.33 million during the quarter, compared to the consensus estimate of $258.95 million. TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock had a return on equity of 18.54% and a net margin of 10.49%. analysts predict that TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock will post 2.98 earnings per share for the current fiscal year.

About TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock

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; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.

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

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