SG Americas Securities LLC Acquires 5,175 Shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (TTWO)

SG Americas Securities LLC increased its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 20.9% in the first quarter, Holdings Channel reports. The institutional investor owned 29,956 shares of the company’s stock after purchasing an additional 5,175 shares during the quarter. SG Americas Securities LLC’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $2,827,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Quadrant Capital Group LLC grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 240.2% during the first quarter. Quadrant Capital Group LLC now owns 592 shares of the company’s stock valued at $54,000 after purchasing an additional 418 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 39.5% during the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 36,203 shares of the company’s stock valued at $3,416,000 after purchasing an additional 10,256 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 2.0% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 20,652 shares of the company’s stock valued at $1,949,000 after purchasing an additional 398 shares during the period. CENTRAL TRUST Co grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 3,200.5% during the first quarter. CENTRAL TRUST Co now owns 6,601 shares of the company’s stock valued at $623,000 after purchasing an additional 6,401 shares during the period. Finally, Daiwa Securities Group Inc. grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 2.3% during the first quarter. Daiwa Securities Group Inc. now owns 5,539 shares of the company’s stock valued at $523,000 after purchasing an additional 125 shares during the period. 96.07% of the stock is owned by institutional investors and hedge funds.

Shares of TTWO stock opened at $101.65 on Tuesday. The firm has a market capitalization of $11.50 billion, a PE ratio of 58.09, a price-to-earnings-growth ratio of 1.58 and a beta of 0.99. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 12 month low of $84.41 and a 12 month high of $139.91.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last announced its quarterly earnings data on Wednesday, February 6th. The company reported $3.19 EPS for the quarter, topping the Zacks’ consensus estimate of $2.02 by $1.17. The business had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.50 billion. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 14.26% and a return on equity of 28.92%. The firm’s revenue for the quarter was up 139.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.12 earnings per share. On average, research analysts forecast that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.15 EPS for the current year.

Several research analysts have recently weighed in on the stock. Cowen upgraded shares of TAKE-TWO INTERACTIVE SOFTWARE from a “market perform” rating to an “outperform” rating and upped their price target for the company from $103.00 to $113.00 in a report on Wednesday, May 1st. BidaskClub upgraded shares of TAKE-TWO INTERACTIVE SOFTWARE from a “sell” rating to a “hold” rating in a report on Friday, April 26th. Morgan Stanley reduced their price target on shares of TAKE-TWO INTERACTIVE SOFTWARE from $130.00 to $120.00 and set an “overweight” rating for the company in a report on Wednesday, April 17th. Zacks Investment Research cut shares of TAKE-TWO INTERACTIVE SOFTWARE from a “hold” rating to a “sell” rating in a report on Thursday, April 11th. Finally, Stephens set a $110.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE and gave the company a “buy” rating in a report on Tuesday, March 26th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and eighteen have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $131.12.

In other news, CEO Strauss Zelnick sold 144,614 shares of the business’s stock in a transaction on Thursday, April 4th. The shares were sold at an average price of $94.05, for a total value of $13,600,946.70. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 1.07% of the company’s stock.

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TAKE-TWO INTERACTIVE SOFTWARE Company 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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