SG Americas Securities LLC Has $2.55 Million Position in TAKE-TWO INTERACTIVE SOFTWARE, INC (TTWO)

SG Americas Securities LLC decreased its position in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 75.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 24,781 shares of the company’s stock after selling 75,913 shares during the quarter. SG Americas Securities LLC’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $2,551,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Lavaca Capital LLC acquired a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 4th quarter valued at about $25,000. TCI Wealth Advisors Inc. increased its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 348.4% during the 4th quarter. TCI Wealth Advisors Inc. now owns 278 shares of the company’s stock valued at $29,000 after acquiring an additional 216 shares during the last quarter. Kistler Tiffany Companies LLC acquired a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 4th quarter valued at about $31,000. Evolution Wealth Advisors LLC acquired a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 4th quarter valued at about $75,000. Finally, Signaturefd LLC increased its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 307.3% during the 3rd quarter. Signaturefd LLC now owns 778 shares of the company’s stock valued at $107,000 after acquiring an additional 587 shares during the last quarter. 92.80% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts have recently commented on TTWO shares. Buckingham Research reaffirmed a “buy” rating and set a $130.00 price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research note on Tuesday, December 18th. Stephens started coverage on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research note on Thursday, January 10th. They set an “overweight” rating and a $138.00 price objective for the company. Wedbush dropped their price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE from $150.00 to $119.00 and set an “outperform” rating for the company in a research note on Wednesday, January 30th. Zacks Investment Research raised shares of TAKE-TWO INTERACTIVE SOFTWARE from a “hold” rating to a “strong-buy” rating and set a $118.00 price objective for the company in a research note on Tuesday, January 29th. Finally, Barclays set a $144.00 price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE and gave the company a “buy” rating in a research note on Thursday, November 8th. Four investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $136.90.

Shares of TTWO stock opened at $97.14 on Monday. TAKE-TWO INTERACTIVE SOFTWARE, INC has a fifty-two week low of $91.49 and a fifty-two week high of $139.91. The stock has a market cap of $10.99 billion, a P/E ratio of 55.51, a PEG ratio of 1.65 and a beta of 1.07.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last released its quarterly earnings results on Wednesday, February 6th. The company reported $3.19 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.02 by $1.17. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 28.92% and a net margin of 14.26%. The business had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter last year, the company posted $1.12 EPS. TAKE-TWO INTERACTIVE SOFTWARE’s revenue for the quarter was up 139.9% on a year-over-year basis. On average, equities analysts forecast that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.37 EPS for the current fiscal year.

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TAKE-TWO INTERACTIVE SOFTWARE 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; 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 (NASDAQ:TTWO)

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