Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Acquired by Cornerstone Investment Partners LLC

Cornerstone Investment Partners LLC raised its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 5,801.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 199,765 shares of the company's stock after acquiring an additional 196,380 shares during the period. Take-Two Interactive Software makes up about 1.8% of Cornerstone Investment Partners LLC's portfolio, making the stock its 27th biggest position. Cornerstone Investment Partners LLC owned about 0.12% of Take-Two Interactive Software worth $32,152,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of TTWO. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Take-Two Interactive Software by 6.7% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,443 shares of the company's stock valued at $2,374,000 after acquiring an additional 971 shares during the period. Yousif Capital Management LLC lifted its stake in shares of Take-Two Interactive Software by 1.8% in the 1st quarter. Yousif Capital Management LLC now owns 16,817 shares of the company's stock valued at $2,585,000 after purchasing an additional 300 shares during the period. Raymond James Trust N.A. acquired a new position in shares of Take-Two Interactive Software in the 1st quarter valued at $206,000. Dimensional Fund Advisors LP lifted its stake in shares of Take-Two Interactive Software by 1.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 512,184 shares of the company's stock valued at $78,757,000 after purchasing an additional 5,382 shares during the period. Finally, Blair William & Co. IL lifted its stake in shares of Take-Two Interactive Software by 3.2% in the 1st quarter. Blair William & Co. IL now owns 41,602 shares of the company's stock valued at $6,396,000 after purchasing an additional 1,289 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Take-Two Interactive Software news, Director Michael Sheresky sold 260 shares of the company's stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $155.72, for a total value of $40,487.20. Following the transaction, the director now owns 63,645 shares of the company's stock, valued at $9,910,799.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of the company's stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $148.54, for a total value of $13,495,007.54. Following the transaction, the president now owns 87,286 shares of the company's stock, valued at $12,965,462.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Michael Sheresky sold 260 shares of the company's stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $155.72, for a total transaction of $40,487.20. Following the completion of the transaction, the director now directly owns 63,645 shares in the company, valued at approximately $9,910,799.40. The disclosure for this sale can be found here. Corporate insiders own 1.37% of the company's stock.

Take-Two Interactive Software Trading Down 0.0 %

Shares of TTWO stock traded down $0.04 on Friday, hitting $140.60. 2,542,967 shares of the stock traded hands, compared to its average volume of 1,676,791. The firm's 50-day moving average price is $148.57 and its two-hundred day moving average price is $152.08. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a market capitalization of $23.98 billion, a PE ratio of -16.39, a PEG ratio of 1.22 and a beta of 0.74. Take-Two Interactive Software, Inc. has a twelve month low of $119.57 and a twelve month high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings results on Thursday, February 8th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.02). The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.34 billion. Take-Two Interactive Software had a negative net margin of 26.90% and a positive return on equity of 3.03%. As a group, analysts anticipate that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Roth Mkm boosted their target price on shares of Take-Two Interactive Software from $168.00 to $185.00 and gave the company a "buy" rating in a research note on Friday, February 9th. Citigroup upgraded shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and boosted their target price for the company from $170.00 to $200.00 in a research note on Monday, April 8th. Jefferies Financial Group started coverage on shares of Take-Two Interactive Software in a research note on Monday, April 1st. They issued a "buy" rating and a $195.00 target price for the company. JPMorgan Chase & Co. cut their price target on shares of Take-Two Interactive Software from $188.00 to $180.00 and set an "overweight" rating for the company in a report on Friday, February 9th. Finally, Wells Fargo & Company boosted their price target on shares of Take-Two Interactive Software from $170.00 to $193.00 and gave the stock an "overweight" rating in a report on Thursday, February 1st. One research analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have given a buy rating to the company. According to MarketBeat.com, Take-Two Interactive Software has a consensus rating of "Moderate Buy" and an average price target of $176.39.

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.