TimesSquare Capital Management LLC Has $34.56 Million Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

TimesSquare Capital Management LLC decreased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 3.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 214,705 shares of the company's stock after selling 7,990 shares during the quarter. TimesSquare Capital Management LLC owned 0.13% of Take-Two Interactive Software worth $34,557,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in TTWO. Raymond James Financial Services Advisors Inc. raised its position in shares of Take-Two Interactive Software by 5.3% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 21,589 shares of the company's stock valued at $3,031,000 after acquiring an additional 1,095 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Take-Two Interactive Software by 2.9% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 30,405 shares of the company's stock valued at $4,269,000 after buying an additional 859 shares during the period. BluePath Capital Management LLC bought a new stake in shares of Take-Two Interactive Software in the 3rd quarter valued at $30,000. IFM Investors Pty Ltd increased its position in shares of Take-Two Interactive Software by 2.2% in the 3rd quarter. IFM Investors Pty Ltd now owns 32,135 shares of the company's stock valued at $4,511,000 after buying an additional 685 shares in the last quarter. Finally, Park Avenue Securities LLC acquired a new stake in Take-Two Interactive Software during the 3rd quarter worth $422,000. Institutional investors and hedge funds own 95.46% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently commented on TTWO. Moffett Nathanson lowered 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 report on Monday, February 5th. Benchmark reiterated a "buy" rating and issued a $200.00 price target on shares of Take-Two Interactive Software in a report on Friday, April 19th. The Goldman Sachs Group raised their price objective on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the stock a "buy" rating in a report on Friday, January 19th. Wells Fargo & Company upped their target price on shares of Take-Two Interactive Software from $170.00 to $193.00 and gave the stock an "overweight" rating in a research note on Thursday, February 1st. Finally, Roth Mkm lifted their price target on 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. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $177.61.

Insider Buying and Selling at Take-Two Interactive Software

In other news, President Karl Slatoff sold 90,851 shares of the business's stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the completion of the sale, the president now owns 87,286 shares in the company, valued at $12,965,462.44. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of the stock in a transaction on Friday, April 12th. The stock was sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the transaction, the president now owns 87,286 shares in the company, valued at approximately $12,965,462.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Sheresky sold 260 shares of Take-Two Interactive Software 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 directly owns 63,645 shares of the company's stock, valued at approximately $9,910,799.40. The disclosure for this sale can be found here. Insiders own 1.37% of the company's stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock traded down $2.36 during trading on Wednesday, reaching $145.97. 1,230,636 shares of the company's stock were exchanged, compared to its average volume of 1,609,852. Take-Two Interactive Software, Inc. has a twelve month low of $121.72 and a twelve month high of $171.59. The firm's fifty day moving average price is $146.45 and its 200-day moving average price is $152.35. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $24.90 billion, a PE ratio of -17.01, a PEG ratio of 1.21 and a beta of 0.75.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its quarterly earnings data on Thursday, February 8th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.02). The company had revenue of $1.34 billion during 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, sell-side analysts anticipate that Take-Two Interactive Software, Inc. will post 0.87 EPS for the current year.

About Take-Two Interactive Software

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.