TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) Shares Acquired by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC lifted its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 188.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 766 shares of the company’s stock after acquiring an additional 500 shares during the period. Valeo Financial Advisors LLC’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $96,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Nuveen Asset Management LLC lifted its position in TAKE-TWO INTERACTIVE SOFTWARE by 1,012.9% during the second quarter. Nuveen Asset Management LLC now owns 1,493,115 shares of the company’s stock worth $169,514,000 after buying an additional 1,358,953 shares during the period. Southpoint Capital Advisors LP purchased a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE in the 2nd quarter worth about $102,177,000. Invesco Ltd. raised its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 11.2% in the 2nd quarter. Invesco Ltd. now owns 4,656,054 shares of the company’s stock worth $528,602,000 after purchasing an additional 467,758 shares during the period. Boston Partners purchased a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE in the 2nd quarter worth about $53,070,000. Finally, Valiant Capital Management L.P. purchased a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE in the 2nd quarter worth about $46,036,000. 92.13% of the stock is currently owned by institutional investors and hedge funds.

In other TAKE-TWO INTERACTIVE SOFTWARE news, insider Daniel P. Emerson sold 4,500 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $126.77, for a total transaction of $570,465.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael Sheresky sold 226 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The shares were sold at an average price of $126.89, for a total value of $28,677.14. Following the sale, the director now owns 70,137 shares of the company’s stock, valued at approximately $8,899,683.93. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 24,726 shares of company stock valued at $3,202,742. 1.20% of the stock is owned by insiders.

Shares of TTWO stock traded down $1.23 during trading hours on Friday, reaching $121.51. The company had a trading volume of 18,457 shares, compared to its average volume of 1,288,319. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.44 and a current ratio of 1.45. TAKE-TWO INTERACTIVE SOFTWARE, INC has a twelve month low of $84.41 and a twelve month high of $135.70. The company has a market capitalization of $13.78 billion, a P/E ratio of 31.38, a price-to-earnings-growth ratio of 4.61 and a beta of 0.75. The stock’s fifty day simple moving average is $126.59 and its 200 day simple moving average is $114.45.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last posted its earnings results on Monday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.14. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 23.95% and a net margin of 10.93%. The business had revenue of $422.24 million during the quarter, compared to analyst estimates of $356.65 million. During the same quarter last year, the firm earned $0.12 earnings per share. The company’s revenue for the quarter was up 46.4% compared to the same quarter last year. As a group, equities analysts expect that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.16 earnings per share for the current year.

A number of equities analysts have recently commented on the company. Morgan Stanley raised their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $140.00 to $145.00 and gave the stock an “overweight” rating in a report on Tuesday. Benchmark raised their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, September 9th. Barclays raised their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $113.00 to $124.00 and gave the stock an “overweight” rating in a report on Tuesday, August 6th. Bank of America restated a “buy” rating and issued a $144.00 price objective (up from $133.00) on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Wednesday, August 21st. Finally, Oppenheimer raised their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $135.00 to $145.00 in a report on Wednesday, September 11th. One research analyst has rated the stock with a sell rating, four have given a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $131.26.

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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