Landsberg Bennett & Dubbaneh LLC Has $3.04 Million Stock Position in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO)

Landsberg Bennett & Dubbaneh LLC lowered its stake in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 1.9% during the third quarter, HoldingsChannel.com reports. The firm owned 24,513 shares of the company’s stock after selling 467 shares during the period. Landsberg Bennett & Dubbaneh LLC’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $3,039,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Evolution Wealth Advisors LLC raised its stake in TAKE-TWO INTERACTIVE SOFTWARE by 27.8% during the 2nd quarter. Evolution Wealth Advisors LLC now owns 1,095 shares of the company’s stock worth $124,000 after buying an additional 238 shares during the period. Tower Research Capital LLC TRC raised its stake in TAKE-TWO INTERACTIVE SOFTWARE by 44.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,590 shares of the company’s stock worth $521,000 after buying an additional 1,402 shares during the period. GYL Financial Synergies LLC acquired a new stake in TAKE-TWO INTERACTIVE SOFTWARE during the 1st quarter worth $595,000. TrimTabs Asset Management LLC acquired a new stake in TAKE-TWO INTERACTIVE SOFTWARE during the 2nd quarter worth $1,283,000. Finally, Peregrine Asset Advisers Inc. acquired a new stake in TAKE-TWO INTERACTIVE SOFTWARE during the 2nd quarter worth $6,859,000. 92.06% of the stock is currently owned by institutional investors.

TTWO has been the subject of a number of research reports. Cowen increased their target price on TAKE-TWO INTERACTIVE SOFTWARE from $123.00 to $126.00 and gave the stock an “outperform” rating in a report on Wednesday, July 17th. Oppenheimer increased their target price on TAKE-TWO INTERACTIVE SOFTWARE from $135.00 to $145.00 in a report on Wednesday, September 11th. Stifel Nicolaus set a $138.00 target price on TAKE-TWO INTERACTIVE SOFTWARE and gave the stock a “buy” rating in a report on Wednesday, August 7th. MKM Partners increased their target price on TAKE-TWO INTERACTIVE SOFTWARE from $136.00 to $142.00 and gave the stock a “buy” rating in a report on Tuesday, August 6th. Finally, Stephens reiterated an “overweight” rating and set a $120.00 target price on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Wednesday, July 17th. One analyst has rated the stock with a sell rating, four have given a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $131.04.

Shares of NASDAQ TTWO traded up $0.01 during mid-day trading on Friday, hitting $122.41. The company had a trading volume of 81,866 shares, compared to its average volume of 1,529,902. The company has a market capitalization of $13.52 billion, a PE ratio of 31.55, a price-to-earnings-growth ratio of 4.45 and a beta of 0.75. The firm has a 50-day simple moving average of $127.69 and a two-hundred day simple moving average of $113.50. The company has a current ratio of 1.45, a quick ratio of 1.44 and a debt-to-equity ratio of 0.06. TAKE-TWO INTERACTIVE SOFTWARE, INC has a one year low of $84.41 and a one year high of $135.70.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last announced its quarterly earnings data on Monday, August 5th. The company reported ($0.13) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.27) by $0.14. The company had revenue of $422.24 million during the quarter, compared to analysts’ expectations of $356.65 million. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 23.95% and a net margin of 10.93%. TAKE-TWO INTERACTIVE SOFTWARE’s revenue for the quarter was up 46.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.12 EPS. Sell-side analysts expect that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.16 earnings per share for the current fiscal year.

In other news, Director Michael Sheresky sold 226 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $126.89, for a total value of $28,677.14. Following the completion of the transaction, the director now owns 70,137 shares in the company, valued at approximately $8,899,683.93. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Strauss Zelnick sold 20,000 shares of the firm’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $130.18, for a total value of $2,603,600.00. The disclosure for this sale can be found here. Insiders sold a total of 24,726 shares of company stock valued at $3,202,742 in the last 90 days. 1.20% of the stock is owned by corporate insiders.

TAKE-TWO INTERACTIVE SOFTWARE 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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