JPMorgan Chase & Co. boosted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,158,753 shares of the company’s stock after purchasing an additional 78,006 shares during the period. JPMorgan Chase & Co. owned about 3.93% of Take-Two Interactive Software worth $305,169,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. State of Tennessee Treasury Department bought a new position in Take-Two Interactive Software during the second quarter valued at approximately $8,601,000. Swiss National Bank lifted its position in Take-Two Interactive Software by 19.1% during the second quarter. Swiss National Bank now owns 169,900 shares of the company’s stock valued at $12,467,000 after purchasing an additional 27,300 shares during the period. Principal Financial Group Inc. lifted its position in Take-Two Interactive Software by 47.5% during the second quarter. Principal Financial Group Inc. now owns 622,333 shares of the company’s stock valued at $45,667,000 after purchasing an additional 200,456 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Take-Two Interactive Software by 56.6% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,552 shares of the company’s stock valued at $334,000 after purchasing an additional 1,645 shares during the period. Finally, Neuberger Berman Group LLC lifted its position in Take-Two Interactive Software by 591.5% during the second quarter. Neuberger Berman Group LLC now owns 219,400 shares of the company’s stock valued at $16,100,000 after purchasing an additional 187,670 shares during the period. Institutional investors own 96.20% of the company’s stock.

In other Take-Two Interactive Software news, CFO Lainie Goldstein sold 30,000 shares of the company’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $87.68, for a total transaction of $2,630,400.00. Following the completion of the transaction, the chief financial officer now directly owns 409,019 shares in the company, valued at $35,862,785.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael Sheresky sold 465 shares of the company’s stock in a transaction on Monday, August 14th. The stock was sold at an average price of $89.96, for a total transaction of $41,831.40. Following the transaction, the director now owns 69,006 shares of the company’s stock, valued at $6,207,779.76. The disclosure for this sale can be found here. Over the last quarter, insiders sold 87,465 shares of company stock valued at $7,677,331. Company insiders own 1.55% of the company’s stock.

Shares of Take-Two Interactive Software, Inc. (NASDAQ TTWO) opened at 95.88 on Monday. The stock’s 50 day moving average is $87.33 and its 200 day moving average is $71.33. The company has a market capitalization of $10.02 billion, a P/E ratio of 56.60 and a beta of 0.77. Take-Two Interactive Software, Inc. has a 12 month low of $41.70 and a 12 month high of $98.45.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its earnings results on Wednesday, August 2nd. The company reported $0.44 earnings per share (EPS) 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 business posted ($0.21) EPS. The business’s revenue was up 27.8% compared to the same quarter last year. On average, equities analysts predict that Take-Two Interactive Software, Inc. will post $2.16 EPS for the current fiscal year.

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A number of research analysts recently weighed in on the stock. Stifel Nicolaus restated a “buy” rating and set a $96.00 price objective (up previously from $87.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Benchmark Co. restated a “buy” rating and set a $100.00 price objective (up previously from $85.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Macquarie restated an “outperform” rating and set a $99.00 price objective (up previously from $82.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Credit Suisse Group restated a “neutral” rating and set a $73.00 price objective on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Finally, MKM Partners restated a “buy” rating and set a $97.00 price objective (up previously from $86.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $85.22.

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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