Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Bought by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 349.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 115,699 shares of the company's stock after buying an additional 89,931 shares during the period. Assenagon Asset Management S.A. owned approximately 0.07% of Take-Two Interactive Software worth $18,622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital World Investors purchased a new stake in Take-Two Interactive Software in the 1st quarter worth approximately $513,164,000. Norges Bank purchased a new stake in Take-Two Interactive Software in the 4th quarter worth approximately $205,528,000. Schonfeld Strategic Advisors LLC increased its holdings in Take-Two Interactive Software by 461.4% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 974,880 shares of the company's stock worth $101,514,000 after acquiring an additional 801,214 shares in the last quarter. State Street Corp increased its holdings in Take-Two Interactive Software by 7.3% in the 2nd quarter. State Street Corp now owns 7,531,633 shares of the company's stock worth $1,108,274,000 after acquiring an additional 515,226 shares in the last quarter. Finally, Nordea Investment Management AB increased its holdings in Take-Two Interactive Software by 130.8% in the 3rd quarter. Nordea Investment Management AB now owns 653,346 shares of the company's stock worth $92,122,000 after acquiring an additional 370,229 shares in the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Wolfe Research assumed coverage on shares of Take-Two Interactive Software in a report on Tuesday, December 12th. They issued an "outperform" rating and a $186.00 target price for the company. The Goldman Sachs Group upped their price target on Take-Two Interactive Software from $165.00 to $200.00 and gave the stock a "buy" rating in a research note on Friday, January 19th. Roth Mkm upped their price target on Take-Two Interactive Software from $168.00 to $185.00 and gave the stock a "buy" rating in a research note on Friday, February 9th. Stifel Nicolaus upped their price target on Take-Two Interactive Software from $175.00 to $188.00 and gave the stock a "buy" rating in a research note on Thursday, January 25th. Finally, Moffett Nathanson downgraded Take-Two Interactive Software from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $169.00 to $167.00 in a research note on Monday, February 5th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and sixteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $172.50.

Take-Two Interactive Software Trading Up 1.1 %

TTWO traded up $1.57 during trading on Thursday, reaching $148.49. The company had a trading volume of 1,656,311 shares, compared to its average volume of 1,706,198. The stock has a market cap of $25.33 billion, a P/E ratio of -17.31, a PEG ratio of 6.83 and a beta of 0.75. The business has a 50 day simple moving average of $154.13 and a 200-day simple moving average of $151.24. Take-Two Interactive Software, Inc. has a 52 week low of $115.30 and a 52 week high of $171.59. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.32.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its quarterly earnings results on Thursday, February 8th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by ($0.02). The company had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.34 billion. Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. On average, equities analysts anticipate that Take-Two Interactive Software, Inc. will post 0.8 EPS for the current fiscal year.

Insiders Place Their Bets

In other Take-Two Interactive Software news, Director Michael Sheresky sold 260 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $155.72, for a total value of $40,487.20. Following the sale, the director now owns 63,645 shares in the company, valued at $9,910,799.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 1.37% of the company's stock.

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.