Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Bought by Samlyn Capital LLC

Samlyn Capital LLC lifted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 47.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,205,897 shares of the company’s stock after buying an additional 390,810 shares during the quarter. Take-Two Interactive Software makes up 3.1% of Samlyn Capital LLC’s investment portfolio, making the stock its 6th largest position. Samlyn Capital LLC owned about 0.69% of Take-Two Interactive Software worth $187,505,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Davidson Kempner Capital Management LP purchased a new stake in shares of Take-Two Interactive Software during the second quarter worth about $31,707,000. Interval Partners LP purchased a new stake in shares of Take-Two Interactive Software during the second quarter worth about $34,307,000. Lombard Odier Asset Management USA Corp purchased a new stake in shares of Take-Two Interactive Software during the second quarter worth about $497,000. Public Sector Pension Investment Board grew its holdings in shares of Take-Two Interactive Software by 174.2% during the second quarter. Public Sector Pension Investment Board now owns 5,619 shares of the company’s stock worth $874,000 after buying an additional 3,570 shares in the last quarter. Finally, Discovery Capital Management LLC CT grew its holdings in shares of Take-Two Interactive Software by 146.2% during the second quarter. Discovery Capital Management LLC CT now owns 119,400 shares of the company’s stock worth $18,566,000 after buying an additional 70,900 shares in the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 191 shares of the stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $149.83, for a total value of $28,617.53. Following the completion of 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 accessible through this link. 1.37% of the stock is currently owned by insiders.

Take-Two Interactive Software Stock Up 0.6 %

Shares of NASDAQ:TTWO opened at $149.73 on Tuesday. The stock has a market capitalization of $25.66 billion, a price-to-earnings ratio of -6.81, a price-to-earnings-growth ratio of 4.43 and a beta of 0.86. Take-Two Interactive Software, Inc. has a 1-year low of $130.34 and a 1-year high of $171.59. The company’s fifty day moving average is $151.78 and its two-hundred day moving average is $151.25. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.90 and a current ratio of 0.90.

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

Analysts Set New Price Targets

A number of research firms recently issued reports on TTWO. Benchmark boosted their target price on shares of Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a report on Wednesday, August 21st. Bank of America restated a “buy” rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. Stifel Nicolaus boosted their target price on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a report on Thursday, September 5th. Redburn Atlantic began coverage on shares of Take-Two Interactive Software in a report on Thursday, August 29th. They issued a “buy” rating and a $194.00 target price for the company. Finally, JPMorgan Chase & Co. boosted their target price on shares of Take-Two Interactive Software from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, June 6th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $183.55.

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, 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.