Ardevora Asset Management LLP Has $57.77 Million Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Ardevora Asset Management LLP lifted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 374,945 shares of the company’s stock after purchasing an additional 14,800 shares during the period. Ardevora Asset Management LLP owned 0.32% of Take-Two Interactive Software worth $57,768,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of TTWO. Caisse DE Depot ET Placement DU Quebec raised its stake in Take-Two Interactive Software by 23,129.3% during the second quarter. Caisse DE Depot ET Placement DU Quebec now owns 751,003 shares of the company’s stock worth $132,943,000 after buying an additional 747,770 shares during the last quarter. Macquarie Group Ltd. increased its stake in Take-Two Interactive Software by 200.2% in the second quarter. Macquarie Group Ltd. now owns 896,580 shares of the company’s stock valued at $158,713,000 after purchasing an additional 597,872 shares in the last quarter. Los Angeles Capital Management LLC increased its stake in Take-Two Interactive Software by 116.7% in the second quarter. Los Angeles Capital Management LLC now owns 867,693 shares of the company’s stock valued at $153,599,000 after purchasing an additional 467,254 shares in the last quarter. Westfield Capital Management Co. LP bought a new stake in Take-Two Interactive Software in the second quarter valued at $55,754,000. Finally, Amundi bought a new stake in Take-Two Interactive Software in the second quarter valued at $41,819,000. Institutional investors own 85.93% of the company’s stock.

Take-Two Interactive Software stock opened at $169.66 on Friday. Take-Two Interactive Software, Inc. has a fifty-two week low of $144.58 and a fifty-two week high of $214.91. The stock has a market cap of $19.56 billion, a PE ratio of 35.05, a price-to-earnings-growth ratio of 5.68 and a beta of 0.61. The firm’s 50-day simple moving average is $170.67 and its 200 day simple moving average is $170.08.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Wednesday, November 3rd. The company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.60. Take-Two Interactive Software had a net margin of 16.72% and a return on equity of 15.60%. The business had revenue of $984.85 million for the quarter, compared to analysts’ expectations of $865.20 million. During the same period in the previous year, the company earned $1.71 earnings per share. On average, equities analysts predict that Take-Two Interactive Software, Inc. will post 2.97 EPS for the current fiscal year.

Several equities research analysts have weighed in on the stock. MKM Partners lifted their price target on shares of Take-Two Interactive Software from $186.00 to $200.00 and gave the company a “neutral” rating in a research note on Wednesday, November 10th. Truist decreased their price target on shares of Take-Two Interactive Software from $220.00 to $200.00 and set a “buy” rating for the company in a research note on Monday, August 16th. BMO Capital Markets lifted their price target on shares of Take-Two Interactive Software from $150.00 to $180.00 and gave the company a “market perform” rating in a research note on Monday, November 8th. They noted that the move was a valuation call. Barclays decreased their price target on shares of Take-Two Interactive Software from $230.00 to $210.00 and set an “overweight” rating for the company in a research note on Tuesday, August 3rd. Finally, Truist Securities decreased their target price on shares of Take-Two Interactive Software from $220.00 to $200.00 and set a “buy” rating for the company in a research report on Monday, August 16th. Seven research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $211.95.

In other news, insider Daniel P. Emerson sold 2,200 shares of the business’s stock in a transaction that occurred on Monday, November 8th. The shares were sold at an average price of $183.98, for a total value of $404,756.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Michael Sheresky sold 167 shares of the business’s stock in a transaction that occurred on Monday, November 15th. The shares were sold at an average price of $185.11, for a total transaction of $30,913.37. The disclosure for this sale can be found here. 0.90% of the stock is owned by insiders.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc engages in the development, publishing, and marketing of interactive software games. Its products are designed for console systems, handheld gaming systems, and personal computers, including smart phones and tablets; and are delivered through physical retail, digital download, online platforms, and cloud streaming services.

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

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