Nationwide Fund Advisors Has $41.84 Million Position in Take-Two Interactive Software, Inc. (TTWO)

Nationwide Fund Advisors increased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 570,191 shares of the company’s stock after acquiring an additional 16,004 shares during the period. Nationwide Fund Advisors owned about 0.54% of Take-Two Interactive Software worth $41,841,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. TIAA CREF Investment Management LLC raised its holdings in shares of Take-Two Interactive Software by 32.7% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 893,842 shares of the company’s stock worth $65,590,000 after acquiring an additional 220,354 shares during the last quarter. Stephens Investment Management Group LLC raised its holdings in shares of Take-Two Interactive Software by 5.2% in the 2nd quarter. Stephens Investment Management Group LLC now owns 635,645 shares of the company’s stock worth $46,644,000 after acquiring an additional 31,520 shares during the last quarter. Symphony Asset Management LLC raised its holdings in shares of Take-Two Interactive Software by 4.1% in the 2nd quarter. Symphony Asset Management LLC now owns 12,653 shares of the company’s stock worth $929,000 after acquiring an additional 493 shares during the last quarter. Riverhead Capital Management LLC raised its holdings in shares of Take-Two Interactive Software by 65.1% in the 2nd quarter. Riverhead Capital Management LLC now owns 7,759 shares of the company’s stock worth $569,000 after acquiring an additional 3,059 shares during the last quarter. Finally, Martingale Asset Management L P acquired a new stake in shares of Take-Two Interactive Software in the 2nd quarter worth about $2,620,000. Institutional investors own 96.20% of the company’s stock.

In other news, Director Michael Sheresky sold 465 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $89.96, for a total transaction of $41,831.40. Following the completion of the transaction, the director now directly owns 69,006 shares of the company’s stock, valued at $6,207,779.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael Dornemann sold 7,000 shares of the business’s stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $87.80, for a total transaction of $614,600.00. Following the transaction, the director now directly owns 9,394 shares of the company’s stock, valued at $824,793.20. The disclosure for this sale can be found here. Insiders have sold 87,465 shares of company stock valued at $7,677,331 over the last three months. 1.55% of the stock is owned by corporate insiders.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) traded up 0.866% on Thursday, hitting $99.635. 291,849 shares of the stock were exchanged. The stock has a market cap of $10.41 billion, a price-to-earnings ratio of 58.816 and a beta of 0.77. The company has a 50-day moving average of $91.17 and a 200-day moving average of $73.24. Take-Two Interactive Software, Inc. has a 12 month low of $41.70 and a 12 month high of $101.40.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Wednesday, August 2nd. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.25. Take-Two Interactive Software had a net margin of 8.73% and a return on equity of 28.89%. The firm had revenue of $348.30 million during the quarter, compared to analysts’ expectations of $280.70 million. During the same period in the previous year, the company earned ($0.21) earnings per share. The firm’s quarterly revenue was up 27.8% on a year-over-year basis. On average, equities analysts predict that Take-Two Interactive Software, Inc. will post $2.19 EPS for the current year.

A number of equities research analysts recently weighed in on the stock. Credit Suisse Group restated a “hold” rating and issued a $71.00 target price on shares of Take-Two Interactive Software in a report on Thursday, May 25th. Stifel Nicolaus restated a “buy” rating and issued a $87.00 target price on shares of Take-Two Interactive Software in a report on Monday, July 10th. Cowen and Company restated a “buy” rating and issued a $79.00 target price on shares of Take-Two Interactive Software in a report on Tuesday, July 11th. Jefferies Group LLC restated a “buy” rating and issued a $108.00 target price (up previously from $91.00) on shares of Take-Two Interactive Software in a report on Thursday, August 3rd. Finally, MKM Partners restated a “buy” rating and issued a $97.00 target price (up previously from $86.00) on shares of Take-Two Interactive Software in a report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $87.42.

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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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