Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is Samlyn Capital LLC’s 6th Largest Position

Samlyn Capital LLC lifted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 47.9% in the second quarter, according to 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 purchasing an additional 390,810 shares during the quarter. Take-Two Interactive Software accounts for 3.1% of Samlyn Capital LLC’s portfolio, making the stock its 6th largest position. Samlyn Capital LLC’s holdings in Take-Two Interactive Software were worth $187,505,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Take-Two Interactive Software by 0.8% during the first quarter. Vanguard Group Inc. now owns 18,920,875 shares of the company’s stock valued at $2,809,561,000 after purchasing an additional 156,563 shares during the last quarter. Capital World Investors boosted its stake in Take-Two Interactive Software by 2.1% during the first quarter. Capital World Investors now owns 7,240,503 shares of the company’s stock worth $1,075,142,000 after buying an additional 151,135 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Take-Two Interactive Software by 4.2% during the second quarter. Massachusetts Financial Services Co. MA now owns 4,744,251 shares of the company’s stock worth $737,684,000 after buying an additional 192,774 shares in the last quarter. Boston Partners boosted its stake in Take-Two Interactive Software by 1.8% during the first quarter. Boston Partners now owns 2,697,648 shares of the company’s stock worth $400,379,000 after buying an additional 48,909 shares in the last quarter. Finally, Bessemer Group Inc. boosted its stake in shares of Take-Two Interactive Software by 14.5% in the 1st 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. 95.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TTWO has been the topic of several research reports. Wedbush reiterated an “outperform” rating and set a $190.00 price target on shares of Take-Two Interactive Software in a research report on Wednesday, August 21st. BMO Capital Markets reaffirmed an “outperform” rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a research note on Tuesday, July 30th. Morgan Stanley increased their target price on Take-Two Interactive Software from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 23rd. JPMorgan Chase & Co. increased their price objective on Take-Two Interactive Software from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, June 6th. Finally, Redburn Atlantic initiated coverage on Take-Two Interactive Software in a research note on Thursday, August 29th. They issued a “buy” rating and a $194.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and a consensus price target of $183.55.

Insider Buying and Selling at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 191 shares of Take-Two Interactive Software stock in a transaction on 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 sale, the director now owns 64,378 shares in the company, valued at $9,645,755.74. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.37% of the stock is currently owned by corporate insiders.

Take-Two Interactive Software Stock Up 0.6 %

TTWO stock opened at $149.73 on Tuesday. Take-Two Interactive Software, Inc. has a one year low of $130.34 and a one year high of $171.59. The stock has a market capitalization of $25.66 billion, a PE ratio of -6.81, 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 quick ratio of 0.90 and a current ratio of 0.90. The company has a fifty day moving average of $151.78 and a 200-day moving average of $151.25.

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

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, 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.