Harel Insurance Investments & Financial Services Ltd. Takes $276,000 Position in TAKE-TWO INTERACTIVE SOFTWARE, INC (TTWO)

Harel Insurance Investments & Financial Services Ltd. acquired a new stake in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) in the third quarter, Holdings Channel reports. The firm acquired 2,000 shares of the company’s stock, valued at approximately $276,000.

A number of other institutional investors have also added to or reduced their stakes in TTWO. Commonwealth Equity Services LLC grew its stake in TAKE-TWO INTERACTIVE SOFTWARE by 39.4% in the 1st quarter. Commonwealth Equity Services LLC now owns 4,490 shares of the company’s stock valued at $439,000 after buying an additional 1,268 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. grew its stake in TAKE-TWO INTERACTIVE SOFTWARE by 86.4% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,879 shares of the company’s stock valued at $478,000 after buying an additional 2,261 shares in the last quarter. LPL Financial LLC grew its position in shares of TAKE-TWO INTERACTIVE SOFTWARE by 19.9% during the 1st quarter. LPL Financial LLC now owns 8,662 shares of the company’s stock valued at $847,000 after purchasing an additional 1,436 shares in the last quarter. Suntrust Banks Inc. purchased a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 1st quarter valued at $268,000. Finally, DnB Asset Management AS grew its position in shares of TAKE-TWO INTERACTIVE SOFTWARE by 7.0% during the 2nd quarter. DnB Asset Management AS now owns 10,700 shares of the company’s stock valued at $1,266,000 after purchasing an additional 700 shares in the last quarter. Institutional investors and hedge funds own 92.93% of the company’s stock.

NASDAQ TTWO opened at $124.01 on Wednesday. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 52-week low of $92.81 and a 52-week high of $139.91. The firm has a market cap of $13.67 billion, a PE ratio of 70.86, a P/E/G ratio of 2.40 and a beta of 0.99.



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

A number of research firms have recently commented on TTWO. Wedbush set a $150.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE and gave the company a “buy” rating in a research report on Tuesday. Zacks Investment Research upgraded shares of TAKE-TWO INTERACTIVE SOFTWARE from a “sell” rating to a “hold” rating in a research report on Monday, August 6th. Barclays set a $138.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE and gave the company a “buy” rating in a research report on Friday, August 3rd. BidaskClub lowered shares of TAKE-TWO INTERACTIVE SOFTWARE from a “buy” rating to a “hold” rating in a research report on Tuesday, July 31st. Finally, Piper Jaffray Companies restated an “overweight” rating and set a $145.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research report on Wednesday, July 25th. Five investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. TAKE-TWO INTERACTIVE SOFTWARE has an average rating of “Buy” and a consensus price target of $141.06.

In other TAKE-TWO INTERACTIVE SOFTWARE news, Director Paul E. Viera purchased 75,000 shares of the stock in a transaction on Monday, August 27th. The stock was acquired at an average cost of $133.93 per share, with a total value of $10,044,750.00. Following the completion of the purchase, the director now directly owns 926 shares of the company’s stock, valued at approximately $124,019.18. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul E. Viera purchased 73,896 shares of the stock in a transaction on Friday, August 24th. The stock was acquired at an average cost of $133.94 per share, with a total value of $9,897,630.24. Following the completion of the purchase, the director now directly owns 926 shares of the company’s stock, valued at $124,028.44. The disclosure for this purchase can be found here. Insiders have sold a total of 66,676 shares of company stock valued at $8,594,500 over the last ninety days. 1.07% of the stock is currently owned by insiders.

About TAKE-TWO INTERACTIVE SOFTWARE

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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