Rothschild Asset Management Inc. Has $28.33 Million Stake in Take-Two Interactive Software, Inc. (TTWO)

Rothschild Asset Management Inc. raised its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 11.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 277,127 shares of the company’s stock after purchasing an additional 27,895 shares during the quarter. Rothschild Asset Management Inc. owned 0.26% of Take-Two Interactive Software worth $28,331,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Take-Two Interactive Software by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 8,392,574 shares of the company’s stock valued at $615,847,000 after acquiring an additional 115,430 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Take-Two Interactive Software by 1.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,158,753 shares of the company’s stock valued at $305,169,000 after acquiring an additional 78,006 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Take-Two Interactive Software by 1,045.2% during the 2nd quarter. Renaissance Technologies LLC now owns 1,951,950 shares of the company’s stock valued at $143,234,000 after acquiring an additional 1,781,500 shares in the last quarter. Macquarie Group Ltd. boosted its holdings in shares of Take-Two Interactive Software by 110.3% during the 3rd quarter. Macquarie Group Ltd. now owns 1,710,990 shares of the company’s stock valued at $174,914,000 after acquiring an additional 897,380 shares in the last quarter. Finally, Harbour Capital Advisors LLC lifted its holdings in Take-Two Interactive Software by 7,304.4% during the 2nd quarter. Harbour Capital Advisors LLC now owns 1,637,475 shares of the company’s stock worth $22,315,000 after buying an additional 1,615,360 shares during the period. 91.26% of the stock is currently owned by hedge funds and other institutional investors.

In related news, CFO Lainie Goldstein sold 30,000 shares of the stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $115.54, for a total value of $3,466,200.00. Following the completion of the transaction, the chief financial officer now directly owns 351,019 shares of the company’s stock, valued at $40,556,735.26. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Strauss Zelnick sold 31,004 shares of the stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $116.49, for a total transaction of $3,611,655.96. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 66,504 shares of company stock valued at $7,729,606. Company insiders own 1.55% of the company’s stock.

Several research analysts have commented on TTWO shares. Piper Jaffray Companies reaffirmed a “buy” rating and set a $125.00 target price on shares of Take-Two Interactive Software in a report on Wednesday, November 8th. Credit Suisse Group reaffirmed a “hold” rating and set a $116.00 target price on shares of Take-Two Interactive Software in a report on Thursday. Buckingham Research lifted their price objective on Take-Two Interactive Software from $120.00 to $127.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Benchmark reaffirmed a “buy” rating and issued a $110.00 target price (up from $100.00) on shares of Take-Two Interactive Software in a research report on Saturday, September 16th. Finally, Cowen lowered Take-Two Interactive Software from an “outperform” rating to a “market perform” rating and set a $83.00 target price for the company. in a research report on Monday, October 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $112.90.

Take-Two Interactive Software, Inc. (NASDAQ TTWO) traded up $1.65 during midday trading on Thursday, reaching $106.54. 1,973,104 shares of the company’s stock traded hands, compared to its average volume of 1,949,912. The company has a current ratio of 1.33, a quick ratio of 1.31 and a debt-to-equity ratio of 0.04. Take-Two Interactive Software, Inc. has a twelve month low of $48.58 and a twelve month high of $120.62. The stock has a market capitalization of $11,883.19, a price-to-earnings ratio of 40.70, a price-to-earnings-growth ratio of 3.02 and a beta of 0.81.

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Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.

Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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