Today, State of Wisconsin Investment Board decides to keep it stake in Take-Two Interactive Software Inc. (TTWO) to the level of $4,113,000

Today, State of Wisconsin Investment Board decides to keep it stake in Take-Two Interactive Software Inc. (TTWO) to the level of $4,113,000

State of Wisconsin Investment Board maintained its position in shares of Take-Two Interactive Software Inc. (NASDAQ:TTWO) during the third quarter, Holdings Channel reports. The institutional investor owned 91,227 shares of the company’s stock at the end of the third quarter. State of Wisconsin Investment Board owned about 0.11% of Take-Two Interactive Software worth $4,113,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Take-Two Interactive Software by 4.0% in the second quarter. Vanguard Group Inc. now owns 6,608,893 shares of the company’s stock worth $250,609,000 after buying an additional 255,246 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of Take-Two Interactive Software by 29.5% in the second quarter. Alliancebernstein L.P. now owns 4,248,584 shares of the company’s stock worth $161,106,000 after buying an additional 967,525 shares in the last quarter. Waddell & Reed Financial Inc. boosted its position in shares of Take-Two Interactive Software by 5.9% in the second quarter. Waddell & Reed Financial Inc. now owns 1,103,098 shares of the company’s stock worth $41,829,000 after buying an additional 61,500 shares in the last quarter. Paulson & CO. Inc. bought a new position in shares of Take-Two Interactive Software during the second quarter worth approximately $37,920,000. Finally, Eagle Asset Management Inc. boosted its position in shares of Take-Two Interactive Software by 70.7% in the third quarter. Eagle Asset Management Inc. now owns 966,459 shares of the company’s stock worth $43,567,000 after buying an additional 400,302 shares in the last quarter.

Take-Two Interactive Software Inc. (NASDAQ:TTWO) traded up 0.68% on Friday, reaching $48.81. The company had a trading volume of 386,399 shares. The company’s 50-day moving average price is $46.00 and its 200 day moving average price is $42.00. The firm has a market capitalization of $4.17 billion, a P/E ratio of 2568.95 and a beta of 0.92. Take-Two Interactive Software Inc. has a 1-year low of $31.36 and a 1-year high of $50.19.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings data on Wednesday, November 2nd. The company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.16. The business earned $420.20 million during the quarter, compared to the consensus estimate of $1.64 billion. Take-Two Interactive Software had a net margin of 0.12% and a return on equity of 23.87%. The company’s revenue was up 21.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.51 earnings per share. On average, equities analysts forecast that Take-Two Interactive Software Inc. will post $1.73 EPS for the current year.

A number of equities analysts recently commented on TTWO shares. BMO Capital Markets reaffirmed a “buy” rating and issued a $56.00 target price on shares of Take-Two Interactive Software in a report on Tuesday, November 22nd. Benchmark Co. reissued a “buy” rating on shares of Take-Two Interactive Software in a report on Sunday, November 6th. Pacific Crest reissued a “hold” rating on shares of Take-Two Interactive Software in a report on Friday, August 5th. Piper Jaffray Cos. raised their price target on Take-Two Interactive Software from $40.00 to $45.00 and gave the company an “overweight” rating in a report on Friday, August 5th. Finally, Zacks Investment Research cut Take-Two Interactive Software from a “buy” rating to a “hold” rating in a report on Saturday, July 30th. Six equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $48.71.

In other Take-Two Interactive Software news, VP Daniel P. Emerson sold 1,487 shares of the company’s stock in a transaction dated Monday, November 7th. The shares were sold at an average price of $49.51, for a total value of $73,621.37. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Lainie Goldstein sold 56,167 shares of the company’s stock in a transaction dated Monday, November 7th. The stock was sold at an average price of $49.76, for a total transaction of $2,794,869.92. The disclosure for this sale can be found here. 2.50% of the stock is currently owned by company insiders.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.

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