Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Holdings Raised by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. increased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 5.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,543 shares of the company’s stock after purchasing an additional 1,183 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Take-Two Interactive Software were worth $3,661,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of TTWO. Vanguard Group Inc. increased its position in shares of Take-Two Interactive Software by 0.8% in the first quarter. Vanguard Group Inc. now owns 18,920,875 shares of the company’s stock worth $2,809,561,000 after acquiring an additional 156,563 shares in the last quarter. Capital World Investors boosted its stake in Take-Two Interactive Software by 2.1% in the 1st quarter. Capital World Investors now owns 7,240,503 shares of the company’s stock worth $1,075,142,000 after purchasing an additional 151,135 shares during the period. Boston Partners grew its position in Take-Two Interactive Software by 1.8% during the 1st quarter. Boston Partners now owns 2,697,648 shares of the company’s stock worth $400,379,000 after purchasing an additional 48,909 shares in the last quarter. Norges Bank acquired a new stake in Take-Two Interactive Software during the 4th quarter valued at $350,811,000. Finally, Bessemer Group Inc. lifted its holdings in shares of Take-Two Interactive Software by 14.5% in the first quarter. Bessemer Group Inc. now owns 2,003,052 shares of the company’s stock valued at $297,434,000 after purchasing an additional 254,391 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

NASDAQ TTWO opened at $152.45 on Tuesday. The company has a market cap of $26.13 billion, a P/E ratio of -6.94, a P/E/G ratio of 4.57 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 has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.51. The company has a fifty day simple moving average of $151.74 and a 200 day simple moving average of $151.05.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.39) by $0.09. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.24 billion. Take-Two Interactive Software had a positive return on equity of 1.74% and a negative net margin of 70.33%. On average, sell-side analysts predict that Take-Two Interactive Software, Inc. will post 1.03 EPS for the current year.

Insiders Place Their Bets

In other news, Director Michael Sheresky sold 191 shares of the stock in a transaction that occurred 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 completion of the sale, the director now directly owns 64,378 shares of the company’s stock, valued at $9,645,755.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Stifel Nicolaus upped their price target on Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a research report on Thursday, September 5th. Bank of America reissued a “buy” rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a research report on Wednesday, August 21st. Jefferies Financial Group boosted their price objective on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, July 11th. Morgan Stanley upped their price objective on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Tuesday, July 23rd. Finally, JPMorgan Chase & Co. lifted 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 research note on Thursday, June 6th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.