Take-Two Interactive Software Inc (TTWO) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC lessened its stake in shares of Take-Two Interactive Software Inc (NASDAQ:TTWO) by 94.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,750 shares of the company’s stock after selling 1,350,900 shares during the quarter. Renaissance Technologies LLC’s holdings in Take-Two Interactive Software were worth $9,523,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Invictus RG lifted its position in shares of Take-Two Interactive Software by 1,188.8% during the third quarter. Invictus RG now owns 1,031 shares of the company’s stock worth $105,000 after purchasing an additional 951 shares in the last quarter. JFS Wealth Advisors LLC acquired a new stake in shares of Take-Two Interactive Software during the fourth quarter worth about $110,000. Cerebellum GP LLC acquired a new stake in shares of Take-Two Interactive Software during the fourth quarter worth about $133,000. Huntington National Bank lifted its position in shares of Take-Two Interactive Software by 75.0% during the fourth quarter. Huntington National Bank now owns 1,419 shares of the company’s stock worth $156,000 after purchasing an additional 608 shares in the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. lifted its position in shares of Take-Two Interactive Software by 233.9% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,693 shares of the company’s stock worth $173,000 after purchasing an additional 1,186 shares in the last quarter. 91.27% of the stock is currently owned by institutional investors and hedge funds.

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Several analysts have recently issued reports on TTWO shares. BTIG Research started coverage on shares of Take-Two Interactive Software in a research report on Monday, December 18th. They set a “buy” rating and a $142.00 price target on the stock. KeyCorp reissued a “buy” rating on shares of Take-Two Interactive Software in a research report on Tuesday, December 19th. BidaskClub raised shares of Take-Two Interactive Software from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 13th. Morgan Stanley started coverage on shares of Take-Two Interactive Software in a research report on Thursday, February 1st. They set an “overweight” rating and a $150.00 price target on the stock. Finally, Barclays reissued an “overweight” rating and set a $128.00 price target (up previously from $121.00) on shares of Take-Two Interactive Software in a research report on Thursday, February 8th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eighteen have issued a buy rating to the stock. Take-Two Interactive Software currently has an average rating of “Buy” and a consensus target price of $123.48.

In other Take-Two Interactive Software news, Director Michael Sheresky sold 428 shares of the stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $108.11, for a total value of $46,271.08. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, President Karl Slatoff sold 12,263 shares of the stock in a transaction that occurred on Wednesday, April 4th. The shares were sold at an average price of $93.95, for a total transaction of $1,152,108.85. The disclosure for this sale can be found here. Insiders sold 492,559 shares of company stock worth $47,115,477 over the last quarter. 1.55% of the stock is currently owned by insiders.

Shares of NASDAQ:TTWO opened at $94.63 on Friday. The company has a market capitalization of $11,283.10, a P/E ratio of 49.54, a PEG ratio of 1.55 and a beta of 1.04. Take-Two Interactive Software Inc has a fifty-two week low of $57.36 and a fifty-two week high of $129.25. 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 (NASDAQ:TTWO) last issued its earnings results on Wednesday, February 7th. The company reported $1.18 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.84 by $0.34. The firm 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%. analysts predict that Take-Two Interactive Software Inc will post 2.43 earnings per share for the current fiscal year.

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

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