Vanguard Personalized Indexing Management LLC Grows Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Vanguard Personalized Indexing Management LLC grew its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 34.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,488 shares of the company’s stock after purchasing an additional 3,231 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Take-Two Interactive Software were worth $1,924,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in TTWO. Ninety One UK Ltd lifted its stake in shares of Take-Two Interactive Software by 473.2% during the second quarter. Ninety One UK Ltd now owns 1,269,428 shares of the company’s stock worth $197,383,000 after buying an additional 1,047,979 shares during the period. 1832 Asset Management L.P. raised its stake in Take-Two Interactive Software by 2,224.9% in the 1st quarter. 1832 Asset Management L.P. now owns 1,080,474 shares of the company’s stock worth $160,440,000 after acquiring an additional 1,034,000 shares during the last quarter. TD Asset Management Inc lifted its position in Take-Two Interactive Software by 269.8% during the 4th quarter. TD Asset Management Inc now owns 495,177 shares of the company’s stock worth $79,699,000 after acquiring an additional 361,273 shares during the period. Wellington Management Group LLP grew its stake in Take-Two Interactive Software by 421.0% during the 4th quarter. Wellington Management Group LLP now owns 327,006 shares of the company’s stock valued at $52,632,000 after purchasing an additional 264,244 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Take-Two Interactive Software by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 18,764,312 shares of the company’s stock valued at $3,020,116,000 after purchasing an additional 259,149 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Down 3.2 %

Shares of NASDAQ:TTWO opened at $148.78 on Friday. Take-Two Interactive Software, Inc. has a 1 year low of $130.34 and a 1 year high of $171.59. The firm has a market capitalization of $25.50 billion, a price-to-earnings ratio of -6.77, a price-to-earnings-growth ratio of 4.43 and a beta of 0.86. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.90 and a quick ratio of 0.90. The business’s 50 day moving average price is $151.85 and its 200-day moving average price is $151.17.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.09. Take-Two Interactive Software had a positive return on equity of 1.74% and a negative net margin of 70.33%. The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.24 billion. On average, equities research analysts forecast that Take-Two Interactive Software, Inc. will post 1.06 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on TTWO shares. Redburn Atlantic began coverage on Take-Two Interactive Software in a report on Thursday, August 29th. They set a “buy” rating and a $194.00 target price for the company. JPMorgan Chase & Co. lifted their price objective on shares of Take-Two Interactive Software from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, June 6th. Hsbc Global Res upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 12th. BMO Capital Markets reissued an “outperform” rating and issued a $185.00 price objective on shares of Take-Two Interactive Software in a report on Tuesday, July 30th. Finally, HSBC upgraded Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 target price on the stock in a research note on Monday, August 12th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and a consensus target price of $183.55.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of the firm’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $149.83, for a total value of $28,617.53. Following the transaction, the director now owns 64,378 shares in the company, valued at approximately $9,645,755.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.37% of the stock is currently owned by insiders.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.