Take Two Interactive Software Inc (TTWO) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP cut its stake in Take Two Interactive Software Inc (NASDAQ:TTWO) by 25.1% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 781,269 shares of the company’s stock after selling 261,277 shares during the period. Dimensional Fund Advisors LP’s holdings in Take Two Interactive Software were worth $38,510,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Scopus Asset Management L.P. acquired a new stake in shares of Take Two Interactive Software during the third quarter valued at $53,670,000. Palestra Capital Management LLC acquired a new stake in shares of Take Two Interactive Software during the third quarter valued at $44,629,000. Emerald Advisers Inc. PA acquired a new stake in shares of Take Two Interactive Software during the third quarter valued at $19,440,000. Columbus Circle Investors boosted its stake in shares of Take Two Interactive Software by 691.3% in the third quarter. Columbus Circle Investors now owns 431,737 shares of the company’s stock valued at $19,463,000 after buying an additional 377,177 shares during the period. Finally, Emerald Mutual Fund Advisers Trust acquired a new stake in shares of Take Two Interactive Software during the third quarter valued at $16,809,000.

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

Take Two Interactive Software Inc (NASDAQ:TTWO) opened at 58.57 on Tuesday. The stock has a 50 day moving average of $57.99 and a 200 day moving average of $50.48. The firm has a market capitalization of $5.30 billion, a PE ratio of 350.72 and a beta of 0.86. Take Two Interactive Software Inc has a 12 month low of $33.06 and a 12 month high of $60.20.

Take Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Tuesday, February 7th. The company reported $0.99 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.96 by $0.03. The company earned $476.50 million during the quarter, compared to analyst estimates of $689.64 million. Take Two Interactive Software had a net margin of 0.91% and a return on equity of 21.74%. The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.89 earnings per share. On average, equities analysts predict that Take Two Interactive Software Inc will post $1.98 earnings per share for the current fiscal year.

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TTWO has been the subject of several analyst reports. Credit Suisse Group AG lifted their price objective on shares of Take Two Interactive Software from $51.00 to $53.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 31st. Zacks Investment Research upgraded shares of Take Two Interactive Software from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a research note on Tuesday, February 14th. Stifel Nicolaus lifted their price objective on shares of Take Two Interactive Software from $52.00 to $59.00 and gave the stock a “buy” rating in a research note on Wednesday, January 11th. Cowen and Company reiterated an “outperform” rating and issued a $58.00 price objective on shares of Take Two Interactive Software in a research note on Sunday, February 5th. Finally, Oppenheimer Holdings Inc. reiterated an “outperform” rating on shares of Take Two Interactive Software in a research note on Tuesday, December 20th. Five analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $58.14.

In related news, Director Michael Sheresky sold 485 shares of the stock in a transaction dated Monday, February 13th. The shares were sold at an average price of $57.82, for a total transaction of $28,042.70. Following the completion of the transaction, the director now owns 67,394 shares in the company, valued at $3,896,721.08. The transaction was disclosed in a document filed with the SEC, which is available through this link. 2.50% of the stock is currently owned by corporate insiders.

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.

5 Day Chart for NASDAQ:TTWO

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