Pinebridge Investments L.P. Takes Position in Take-Two Interactive Software Inc (TTWO)

Pinebridge Investments L.P. Takes Position in Take-Two Interactive Software Inc (TTWO)

Pinebridge Investments L.P. acquired a new position in shares of Take-Two Interactive Software Inc (NASDAQ:TTWO) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,229 shares of the company’s stock, valued at approximately $432,000.

Other hedge funds have also recently modified their holdings of the company. Prudential Financial Inc. raised its holdings in Take-Two Interactive Software by 20.4% during the third quarter. Prudential Financial Inc. now owns 77,314 shares of the company’s stock worth $7,904,000 after purchasing an additional 13,080 shares during the last quarter. Engineers Gate Manager LP raised its holdings in Take-Two Interactive Software by 1,063.4% during the second quarter. Engineers Gate Manager LP now owns 75,841 shares of the company’s stock worth $5,565,000 after purchasing an additional 69,322 shares during the last quarter. Nomura Holdings Inc. acquired a new position in Take-Two Interactive Software during the second quarter worth $385,000. CIBC Asset Management Inc acquired a new position in Take-Two Interactive Software during the third quarter worth $349,000. Finally, BNP Paribas Arbitrage SA raised its holdings in Take-Two Interactive Software by 70.2% during the second quarter. BNP Paribas Arbitrage SA now owns 39,335 shares of the company’s stock worth $2,886,000 after purchasing an additional 16,224 shares during the last quarter. 91.26% of the stock is owned by hedge funds and other institutional investors.

TTWO has been the subject of a number of analyst reports. Cowen cut Take-Two Interactive Software from an “outperform” rating to a “market perform” rating and set a $83.00 price target for the company. in a report on Monday, October 9th. CIBC reissued an “outperform” rating and issued a $135.00 price target (up from $112.00) on shares of Take-Two Interactive Software in a report on Tuesday, November 21st. Benchmark reissued a “buy” rating and issued a $110.00 price target (up from $100.00) on shares of Take-Two Interactive Software in a report on Saturday, September 16th. Oppenheimer boosted their price target on Take-Two Interactive Software from $112.00 to $135.00 and gave the stock an “outperform” rating in a report on Tuesday, November 21st. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $105.00 price target (up from $96.00) on shares of Take-Two Interactive Software in a report on Wednesday, September 6th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Take-Two Interactive Software has a consensus rating of “Buy” and an average price target of $112.90.

Shares of Take-Two Interactive Software Inc (NASDAQ TTWO) opened at $108.23 on Tuesday. The company has a market capitalization of $12,180.00, a price-to-earnings ratio of 41.72, a PEG ratio of 3.10 and a beta of 0.81. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.33 and a quick ratio of 1.31. Take-Two Interactive Software Inc has a 1 year low of $48.58 and a 1 year high of $120.62.

In other news, Director Michael Dornemann sold 5,500 shares of Take-Two Interactive Software stock in a transaction on Monday, November 13th. The stock was sold at an average price of $118.50, for a total value of $651,750.00. Following the completion of the sale, the director now owns 4,777 shares of the company’s stock, valued at $566,074.50. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Lainie Goldstein sold 30,000 shares of Take-Two Interactive Software stock in a transaction on 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 sale, the chief financial officer now directly owns 351,019 shares of the company’s stock, valued at approximately $40,556,735.26. The disclosure for this sale can be found here. In the last ninety days, insiders sold 66,504 shares of company stock valued at $7,729,606. Company insiders own 1.55% of the company’s stock.

WARNING: “Pinebridge Investments L.P. Takes Position in Take-Two Interactive Software Inc (TTWO)” was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece on another site, it was copied illegally and republished in violation of US & international copyright & trademark law. The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2017/12/12/pinebridge-investments-l-p-takes-position-in-take-two-interactive-software-inc-ttwo.html.

About Take-Two Interactive Software

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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Pinebridge Investments L.P. acquired a new position in shares of Take-Two Interactive Software Inc (NASDAQ:TTWO) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,229 shares of the company’s stock, valued at approximately $432,000.

Other hedge funds have also recently modified their holdings of the company. Prudential Financial Inc. raised its holdings in Take-Two Interactive Software by 20.4% during the third quarter. Prudential Financial Inc. now owns 77,314 shares of the company’s stock worth $7,904,000 after purchasing an additional 13,080 shares during the last quarter. Engineers Gate Manager LP raised its holdings in Take-Two Interactive Software by 1,063.4% during the second quarter. Engineers Gate Manager LP now owns 75,841 shares of the company’s stock worth $5,565,000 after purchasing an additional 69,322 shares during the last quarter. Nomura Holdings Inc. acquired a new position in Take-Two Interactive Software during the second quarter worth $385,000. CIBC Asset Management Inc acquired a new position in Take-Two Interactive Software during the third quarter worth $349,000. Finally, BNP Paribas Arbitrage SA raised its holdings in Take-Two Interactive Software by 70.2% during the second quarter. BNP Paribas Arbitrage SA now owns 39,335 shares of the company’s stock worth $2,886,000 after purchasing an additional 16,224 shares during the last quarter. 91.26% of the stock is owned by hedge funds and other institutional investors.

TTWO has been the subject of a number of analyst reports. Cowen cut Take-Two Interactive Software from an “outperform” rating to a “market perform” rating and set a $83.00 price target for the company. in a report on Monday, October 9th. CIBC reissued an “outperform” rating and issued a $135.00 price target (up from $112.00) on shares of Take-Two Interactive Software in a report on Tuesday, November 21st. Benchmark reissued a “buy” rating and issued a $110.00 price target (up from $100.00) on shares of Take-Two Interactive Software in a report on Saturday, September 16th. Oppenheimer boosted their price target on Take-Two Interactive Software from $112.00 to $135.00 and gave the stock an “outperform” rating in a report on Tuesday, November 21st. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $105.00 price target (up from $96.00) on shares of Take-Two Interactive Software in a report on Wednesday, September 6th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Take-Two Interactive Software has a consensus rating of “Buy” and an average price target of $112.90.

Shares of Take-Two Interactive Software Inc (NASDAQ TTWO) opened at $108.23 on Tuesday. The company has a market capitalization of $12,180.00, a price-to-earnings ratio of 41.72, a PEG ratio of 3.10 and a beta of 0.81. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.33 and a quick ratio of 1.31. Take-Two Interactive Software Inc has a 1 year low of $48.58 and a 1 year high of $120.62.

In other news, Director Michael Dornemann sold 5,500 shares of Take-Two Interactive Software stock in a transaction on Monday, November 13th. The stock was sold at an average price of $118.50, for a total value of $651,750.00. Following the completion of the sale, the director now owns 4,777 shares of the company’s stock, valued at $566,074.50. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Lainie Goldstein sold 30,000 shares of Take-Two Interactive Software stock in a transaction on 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 sale, the chief financial officer now directly owns 351,019 shares of the company’s stock, valued at approximately $40,556,735.26. The disclosure for this sale can be found here. In the last ninety days, insiders sold 66,504 shares of company stock valued at $7,729,606. Company insiders own 1.55% of the company’s stock.

WARNING: “Pinebridge Investments L.P. Takes Position in Take-Two Interactive Software Inc (TTWO)” was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece on another site, it was copied illegally and republished in violation of US & international copyright & trademark law. The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2017/12/12/pinebridge-investments-l-p-takes-position-in-take-two-interactive-software-inc-ttwo.html.

About Take-Two Interactive Software

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)

Receive News & Ratings for Take-Two Interactive Software Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software Inc and related companies with MarketBeat.com's FREE daily email newsletter.

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