APG Asset Management N.V. Acquires 13,800 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

APG Asset Management N.V. boosted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 184.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,279 shares of the company’s stock after buying an additional 13,800 shares during the period. APG Asset Management N.V.’s holdings in Take-Two Interactive Software were worth $3,087,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Moody National Bank Trust Division lifted its holdings in shares of Take-Two Interactive Software by 2.2% during the first quarter. Moody National Bank Trust Division now owns 4,172 shares of the company’s stock valued at $620,000 after purchasing an additional 91 shares during the last quarter. Salomon & Ludwin LLC lifted its holdings in shares of Take-Two Interactive Software by 25.7% during the first quarter. Salomon & Ludwin LLC now owns 445 shares of the company’s stock valued at $66,000 after purchasing an additional 91 shares during the last quarter. Massmutual Trust Co. FSB ADV lifted its holdings in shares of Take-Two Interactive Software by 15.3% during the second quarter. Massmutual Trust Co. FSB ADV now owns 685 shares of the company’s stock valued at $107,000 after purchasing an additional 91 shares during the last quarter. Banco Santander S.A. lifted its holdings in shares of Take-Two Interactive Software by 0.6% during the second quarter. Banco Santander S.A. now owns 15,773 shares of the company’s stock valued at $2,453,000 after purchasing an additional 97 shares during the last quarter. Finally, Drive Wealth Management LLC raised its holdings in Take-Two Interactive Software by 6.1% in the 2nd quarter. Drive Wealth Management LLC now owns 1,704 shares of the company’s stock worth $265,000 after acquiring an additional 98 shares during the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Take-Two Interactive Software

In other 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 transaction of $28,617.53. Following the completion of the sale, the director now directly owns 64,378 shares in the company, valued at $9,645,755.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 1.37% of the stock is owned by insiders.

Take-Two Interactive Software Price Performance

Shares of TTWO opened at $153.05 on Monday. The company has a market cap of $26.23 billion, a price-to-earnings ratio of -6.96, a price-to-earnings-growth ratio of 4.39 and a beta of 0.86. Take-Two Interactive Software, Inc. has a twelve month low of $130.34 and a twelve month high of $171.59. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.51. The company has a 50 day moving average of $151.82 and a two-hundred day moving average of $151.44.

Take-Two Interactive Software (NASDAQ:TTWO) last announced 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. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate 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%. As a group, analysts predict that Take-Two Interactive Software, Inc. will post 1.06 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on TTWO shares. JPMorgan Chase & Co. lifted their target price on shares of Take-Two Interactive Software from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, June 6th. Redburn Atlantic initiated 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. Jefferies Financial Group upped their target price on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday, July 11th. Morgan Stanley upped their target price on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Tuesday, July 23rd. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a report on Tuesday, July 30th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $185.10.

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.