Chicago Capital LLC Buys 85 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Chicago Capital LLC increased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,983 shares of the company’s stock after acquiring an additional 85 shares during the quarter. Chicago Capital LLC’s holdings in Take-Two Interactive Software were worth $459,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Nordea Investment Management AB increased its position in Take-Two Interactive Software by 3.5% during the first quarter. Nordea Investment Management AB now owns 731,045 shares of the company’s stock worth $109,182,000 after acquiring an additional 24,723 shares during the period. QRG Capital Management Inc. boosted its stake in Take-Two Interactive Software by 169.7% during the first quarter. QRG Capital Management Inc. now owns 14,425 shares of the company’s stock worth $2,142,000 after buying an additional 9,076 shares in the last quarter. Wellington Management Group LLP boosted its stake in Take-Two Interactive Software by 421.0% during the fourth quarter. Wellington Management Group LLP now owns 327,006 shares of the company’s stock worth $52,632,000 after buying an additional 264,244 shares in the last quarter. SteelPeak Wealth LLC boosted its stake in Take-Two Interactive Software by 127.4% during the first quarter. SteelPeak Wealth LLC now owns 13,788 shares of the company’s stock worth $2,047,000 after buying an additional 7,725 shares in the last quarter. Finally, Creative Planning boosted its stake in Take-Two Interactive Software by 27.6% during the second quarter. Creative Planning now owns 26,244 shares of the company’s stock worth $4,081,000 after buying an additional 5,681 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Insiders Place Their Bets

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of the business’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $149.83, for a total transaction of $28,617.53. Following the completion of the sale, the director now directly owns 64,378 shares of the company’s stock, valued at approximately $9,645,755.74. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ:TTWO opened at $155.27 on Monday. The stock has a market capitalization of $27.22 billion, a P/E ratio of -6.97, a P/E/G ratio of 4.52 and a beta of 0.86. Take-Two Interactive Software, Inc. has a 1-year low of $130.34 and a 1-year high of $171.59. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.51. The business has a 50-day moving average price of $153.88 and a two-hundred day moving average price of $152.01.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.30) earnings per share for the quarter, topping the consensus estimate of ($0.39) by $0.09. The firm had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.24 billion. Take-Two Interactive Software had a positive return on equity of 1.74% and a negative net margin of 70.33%. Equities analysts predict that Take-Two Interactive Software, Inc. will post 1.06 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Hsbc Global Res upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 12th. HSBC upgraded shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price target on the stock in a research note on Monday, August 12th. Wedbush reiterated an “outperform” rating and set a $190.00 price target on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Benchmark boosted their target price on shares of Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, August 21st. Finally, Stifel Nicolaus boosted their target price on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a research note on Thursday, September 5th. One equities research analyst has rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $185.85.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.