EMS Capital LP acquired a new stake in shares of Take-Two Interactive Software Inc (NASDAQ:TTWO) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 180,000 shares of the company’s stock, valued at approximately $19,760,000. Take-Two Interactive Software comprises 1.8% of EMS Capital LP’s portfolio, making the stock its 18th largest holding. EMS Capital LP owned approximately 0.16% of Take-Two Interactive Software as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Jackson Square Partners LLC grew its holdings in Take-Two Interactive Software by 137.9% during the 3rd quarter. Jackson Square Partners LLC now owns 3,495,068 shares of the company’s stock valued at $357,300,000 after buying an additional 2,026,010 shares during the last quarter. Macquarie Group Ltd. boosted its holdings in shares of Take-Two Interactive Software by 110.3% during the third quarter. Macquarie Group Ltd. now owns 1,710,990 shares of the company’s stock worth $174,914,000 after purchasing an additional 897,380 shares during the last quarter. Carillon Tower Advisers Inc. acquired a new stake in shares of Take-Two Interactive Software during the fourth quarter worth $67,703,000. Alyeska Investment Group L.P. boosted its holdings in shares of Take-Two Interactive Software by 96.9% during the third quarter. Alyeska Investment Group L.P. now owns 1,065,472 shares of the company’s stock worth $108,923,000 after purchasing an additional 524,325 shares during the last quarter. Finally, Hunt Lane Capital LP acquired a new stake in shares of Take-Two Interactive Software during the fourth quarter worth $32,824,000. 91.27% of the stock is owned by hedge funds and other institutional investors.
TTWO has been the topic of several research reports. Wedbush set a $126.00 target price on Take-Two Interactive Software and gave the stock a “hold” rating in a research report on Thursday, February 8th. TheStreet raised Take-Two Interactive Software from a “c+” rating to a “b” rating in a research report on Wednesday, February 7th. BidaskClub lowered Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research report on Thursday, March 15th. Credit Suisse Group lifted their target price on Take-Two Interactive Software from $125.00 to $128.00 and gave the stock a “neutral” rating in a research report on Thursday, February 8th. Finally, BTIG Research initiated coverage on Take-Two Interactive Software in a research report on Monday, December 18th. They set a “buy” rating and a $142.00 target price on the stock. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $123.48.
NASDAQ TTWO opened at $94.63 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.17 and a current ratio of 1.18. Take-Two Interactive Software Inc has a twelve month low of $57.36 and a twelve month high of $129.25. The company has a market cap of $11,092.06, a price-to-earnings ratio of 49.54, a PEG ratio of 1.52 and a beta of 1.04.
Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Wednesday, February 7th. The company reported $1.18 EPS for the quarter, beating the consensus estimate of $0.84 by $0.34. The business had revenue of $653.94 million for the quarter, compared to analysts’ expectations of $669.08 million. Take-Two Interactive Software had a net margin of 9.43% and a return on equity of 27.78%. equities analysts expect that Take-Two Interactive Software Inc will post 2.43 earnings per share for the current year.
In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 252,197 shares of the business’s stock in a transaction on Wednesday, April 4th. The shares were sold at an average price of $95.63, for a total transaction of $24,117,599.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Michael Sheresky sold 428 shares of the company’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $108.11, for a total transaction of $46,271.08. The disclosure for this sale can be found here. Insiders sold 492,559 shares of company stock valued at $47,115,477 over the last quarter. 1.55% of the stock is currently owned by corporate insiders.
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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.
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