IFP Advisors Inc Has $185,000 Holdings in TAKE-TWO INTERACTIVE SOFTWARE, INC (TTWO)

IFP Advisors Inc raised its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 586.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,339 shares of the company’s stock after purchasing an additional 1,144 shares during the period. IFP Advisors Inc’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $185,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Castleark Management LLC boosted its position in shares of TAKE-TWO INTERACTIVE SOFTWARE by 10.7% in the second quarter. Castleark Management LLC now owns 4,865 shares of the company’s stock valued at $576,000 after acquiring an additional 470 shares during the period. DNB Asset Management AS lifted its position in TAKE-TWO INTERACTIVE SOFTWARE by 4.7% in the third quarter. DNB Asset Management AS now owns 11,200 shares of the company’s stock worth $1,545,000 after purchasing an additional 500 shares during the period. Capital Advisors Ltd. LLC lifted its position in TAKE-TWO INTERACTIVE SOFTWARE by 169.9% in the third quarter. Capital Advisors Ltd. LLC now owns 834 shares of the company’s stock worth $115,000 after purchasing an additional 525 shares during the period. Clear Perspective Advisors LLC lifted its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 86.7% during the second quarter. Clear Perspective Advisors LLC now owns 1,400 shares of the company’s stock valued at $166,000 after acquiring an additional 650 shares during the period. Finally, DnB Asset Management AS lifted its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 7.0% during the second quarter. DnB Asset Management AS now owns 10,700 shares of the company’s stock valued at $1,266,000 after acquiring an additional 700 shares during the period. Institutional investors own 93.93% of the company’s stock.

Shares of NASDAQ:TTWO opened at $113.05 on Friday. TAKE-TWO INTERACTIVE SOFTWARE, INC has a twelve month low of $92.81 and a twelve month high of $139.91. The firm has a market capitalization of $14.08 billion, a PE ratio of 64.60, a price-to-earnings-growth ratio of 2.47 and a beta of 1.09.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last announced its earnings results on Wednesday, November 7th. The company reported $0.84 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.16. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 18.54% and a net margin of 10.49%. The company had revenue of $583.42 million during the quarter, compared to analyst estimates of $549.87 million. During the same period last year, the company posted $1.09 earnings per share. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. Sell-side analysts predict that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 2.98 EPS for the current year.

A number of research analysts have issued reports on the company. BidaskClub cut TAKE-TWO INTERACTIVE SOFTWARE from a “buy” rating to a “hold” rating in a report on Tuesday, October 9th. Zacks Investment Research raised TAKE-TWO INTERACTIVE SOFTWARE from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 17th. Barclays set a $144.00 price objective on TAKE-TWO INTERACTIVE SOFTWARE and gave the company a “buy” rating in a report on Thursday. Wedbush set a $150.00 price objective on TAKE-TWO INTERACTIVE SOFTWARE and gave the company an “outperform” rating in a report on Friday, August 3rd. Finally, Piper Jaffray Companies reissued an “overweight” rating and set a $145.00 price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Wednesday, July 25th. Five research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $144.94.

In related news, Director Michael Sheresky sold 295 shares of TAKE-TWO INTERACTIVE SOFTWARE stock in a transaction dated Monday, August 13th. The stock was sold at an average price of $129.07, for a total value of $38,075.65. Following the completion of the sale, the director now directly owns 69,168 shares in the company, valued at $8,927,513.76. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Paul E. Viera acquired 75,000 shares of the stock in a transaction that occurred on Monday, August 27th. The stock was purchased at an average price of $133.93 per share, with a total value of $10,044,750.00. Following the completion of the transaction, the director now owns 926 shares of the company’s stock, valued at $124,019.18. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 36,463 shares of company stock valued at $4,664,100. 1.07% of the stock is currently owned by corporate insiders.

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TAKE-TWO INTERACTIVE SOFTWARE Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.

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Institutional Ownership by Quarter for TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO)

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