Victory Capital Management Inc. grew its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Get Rating) by 18.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 285,281 shares of the company's stock after purchasing an additional 43,820 shares during the quarter. Victory Capital Management Inc. owned about 0.25% of Take-Two Interactive Software worth $34,956,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also modified their holdings of TTWO. CAPROCK Group Inc. bought a new position in shares of Take-Two Interactive Software during the 1st quarter valued at $261,000. Flagship Harbor Advisors LLC raised its holdings in Take-Two Interactive Software by 27.4% in the 1st quarter. Flagship Harbor Advisors LLC now owns 1,464 shares of the company's stock worth $225,000 after acquiring an additional 315 shares during the period. Gofen & Glossberg LLC IL raised its holdings in Take-Two Interactive Software by 48.4% in the 1st quarter. Gofen & Glossberg LLC IL now owns 9,501 shares of the company's stock worth $1,461,000 after acquiring an additional 3,097 shares during the period. IFM Investors Pty Ltd raised its holdings in Take-Two Interactive Software by 21.9% in the 1st quarter. IFM Investors Pty Ltd now owns 17,712 shares of the company's stock worth $2,723,000 after acquiring an additional 3,178 shares during the period. Finally, NorthCrest Asset Manangement LLC raised its holdings in Take-Two Interactive Software by 3.0% in the 1st quarter. NorthCrest Asset Manangement LLC now owns 2,760 shares of the company's stock worth $424,000 after acquiring an additional 80 shares during the period. Institutional investors own 95.43% of the company's stock.
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Several research analysts recently commented on TTWO shares. Robert W. Baird dropped their target price on shares of Take-Two Interactive Software from $145.00 to $140.00 and set an "outperform" rating on the stock in a report on Tuesday, August 9th. Truist Financial dropped their target price on shares of Take-Two Interactive Software from $162.00 to $157.00 and set a "buy" rating on the stock in a report on Monday, September 5th. Oppenheimer dropped their target price on shares of Take-Two Interactive Software from $190.00 to $180.00 in a report on Tuesday, August 9th. UBS Group decreased their price target on shares of Take-Two Interactive Software from $185.00 to $143.00 and set a "neutral" rating on the stock in a research report on Wednesday, June 29th. Finally, Stifel Nicolaus decreased their price target on shares of Take-Two Interactive Software from $195.00 to $180.00 in a research report on Tuesday, August 9th. One analyst has rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat.com, Take-Two Interactive Software has an average rating of "Moderate Buy" and a consensus price target of $168.28.
Take-Two Interactive Software Price Performance
NASDAQ:TTWO opened at $125.55 on Friday. The firm has a market cap of $14.54 billion, a PE ratio of 82.60, a price-to-earnings-growth ratio of 2.21 and a beta of 0.79. Take-Two Interactive Software, Inc. has a 12 month low of $101.85 and a 12 month high of $195.82. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.30. The company's 50-day moving average price is $121.22 and its two-hundred day moving average price is $124.49.
Take-Two Interactive Software (NASDAQ:TTWO – Get Rating) last announced its earnings results on Monday, August 8th. The company reported $0.35 earnings per share for the quarter, missing analysts' consensus estimates of $0.53 by ($0.18). Take-Two Interactive Software had a return on equity of 8.21% and a net margin of 4.26%. The company had revenue of $1,000.00 million during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the prior year, the firm posted $0.70 earnings per share. The company's revenue was up 40.6% on a year-over-year basis. On average, equities analysts anticipate that Take-Two Interactive Software, Inc. will post 3.07 EPS for the current fiscal year.
Take-Two Interactive Software Company Profile
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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 T2 Mobile Games names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead Redemption names; and offers episodes and content, as well as develops brands in other genres, including the LA Noire, Bully, and Manhunt franchises.
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