New York State Common Retirement Fund Boosts Stake in Take-Two Interactive Software Inc (TTWO)

New York State Common Retirement Fund lifted its position in Take-Two Interactive Software Inc (NASDAQ:TTWO) by 1.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 361,397 shares of the company’s stock after buying an additional 5,246 shares during the period. New York State Common Retirement Fund owned approximately 0.34% of Take-Two Interactive Software worth $36,946,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC raised its stake in shares of Take-Two Interactive Software by 0.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 9,750 shares of the company’s stock worth $715,000 after buying an additional 39 shares in the last quarter. Cigna Investments Inc. New raised its stake in shares of Take-Two Interactive Software by 1.3% in the 2nd quarter. Cigna Investments Inc. New now owns 3,971 shares of the company’s stock worth $291,000 after buying an additional 52 shares in the last quarter. J.P. Marvel Investment Advisors LLC raised its stake in shares of Take-Two Interactive Software by 0.3% in the 2nd quarter. J.P. Marvel Investment Advisors LLC now owns 21,158 shares of the company’s stock worth $1,553,000 after buying an additional 63 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Take-Two Interactive Software by 2.3% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,154 shares of the company’s stock worth $1,112,000 after buying an additional 340 shares in the last quarter. Finally, Symphony Asset Management LLC raised its stake in shares of Take-Two Interactive Software by 4.1% in the 2nd quarter. Symphony Asset Management LLC now owns 12,653 shares of the company’s stock worth $929,000 after buying an additional 493 shares in the last quarter. 91.26% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Inc (NASDAQ TTWO) opened at $106.81 on Friday. Take-Two Interactive Software Inc has a twelve month low of $48.58 and a twelve month high of $120.62. The company has a current ratio of 1.33, a quick ratio of 1.31 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $11,963.03, a price-to-earnings ratio of 40.97, a PEG ratio of 3.04 and a beta of 0.81.

In other news, CEO Strauss Zelnick sold 31,004 shares of Take-Two Interactive Software stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $116.49, for a total transaction of $3,611,655.96. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Lainie Goldstein sold 30,000 shares of Take-Two Interactive Software stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $115.54, for a total value of $3,466,200.00. Following the transaction, the chief financial officer now owns 351,019 shares in the company, valued at approximately $40,556,735.26. The disclosure for this sale can be found here. Insiders have sold 66,504 shares of company stock worth $7,729,606 in the last quarter. 1.55% of the stock is currently owned by corporate insiders.

A number of analysts have recently commented on TTWO shares. Piper Jaffray Companies reissued a “buy” rating and issued a $100.00 price objective on shares of Take-Two Interactive Software in a research note on Sunday, September 10th. Goldman Sachs Group began coverage on Take-Two Interactive Software in a research report on Friday, September 8th. They set a “buy” rating and a $118.00 target price on the stock. KeyCorp reaffirmed a “buy” rating and set a $104.00 target price on shares of Take-Two Interactive Software in a research report on Friday, September 8th. Cowen reaffirmed a “buy” rating and set a $83.00 target price on shares of Take-Two Interactive Software in a research report on Friday, September 8th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $105.00 target price (up from $96.00) on shares of Take-Two Interactive Software in a research report on Wednesday, September 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Take-Two Interactive Software has an average rating of “Buy” and an average price target of $112.90.

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About Take-Two Interactive Software

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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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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