Atlantic Trust Group LLC Buys New Holdings in Take-Two Interactive Software Inc (TTWO)

Atlantic Trust Group LLC acquired a new position in Take-Two Interactive Software Inc (NASDAQ:TTWO) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 24,025 shares of the company’s stock, valued at approximately $2,456,000.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Take-Two Interactive Software by 1.4% during the second quarter. Vanguard Group Inc. now owns 8,392,574 shares of the company’s stock worth $615,847,000 after buying an additional 115,430 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Take-Two Interactive Software by 1.9% during the second quarter. JPMorgan Chase & Co. now owns 4,158,753 shares of the company’s stock valued at $305,169,000 after purchasing an additional 78,006 shares in the last quarter. Jackson Square Partners LLC lifted its holdings in Take-Two Interactive Software by 137.9% during the third quarter. Jackson Square Partners LLC now owns 3,495,068 shares of the company’s stock valued at $357,300,000 after purchasing an additional 2,026,010 shares in the last quarter. Alkeon Capital Management LLC lifted its holdings in Take-Two Interactive Software by 10.1% during the third quarter. Alkeon Capital Management LLC now owns 2,843,630 shares of the company’s stock valued at $290,705,000 after purchasing an additional 260,000 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in Take-Two Interactive Software by 1,045.2% during the second quarter. Renaissance Technologies LLC now owns 1,951,950 shares of the company’s stock valued at $143,234,000 after purchasing an additional 1,781,500 shares in the last quarter. Hedge funds and other institutional investors own 91.15% of the company’s stock.

Take-Two Interactive Software Inc (TTWO) opened at $117.30 on Friday. Take-Two Interactive Software Inc has a one year low of $50.51 and a one year 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 company has a market cap of $13,380.00, a PE ratio of 107.61, a PEG ratio of 3.39 and a beta of 0.80.

In related news, Director Michael Dornemann sold 5,500 shares of the stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $118.50, for a total transaction of $651,750.00. Following the completion of the sale, the director now owns 4,777 shares of the company’s stock, valued at approximately $566,074.50. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Lainie Goldstein sold 30,000 shares of the stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $115.54, for a total transaction of $3,466,200.00. Following the sale, the chief financial officer now directly owns 351,019 shares of the company’s stock, valued at approximately $40,556,735.26. The disclosure for this sale can be found here. In the last three months, insiders have sold 66,504 shares of company stock valued at $7,729,606. Corporate insiders own 1.55% of the company’s stock.

Several equities analysts have issued reports on TTWO shares. Benchmark reaffirmed a “buy” rating and set a $110.00 price objective (up from $100.00) on shares of Take-Two Interactive Software in a report on Saturday, September 16th. MKM Partners raised their price target on shares of Take-Two Interactive Software from $97.00 to $122.00 and gave the stock a “buy” rating in a research note on Monday, October 30th. BMO Capital Markets raised their price objective on shares of Take-Two Interactive Software from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Monday, November 13th. Barclays started coverage on shares of Take-Two Interactive Software in a research report on Wednesday, October 4th. They set an “overweight” rating and a $115.00 price objective for the company. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $105.00 price target on shares of Take-Two Interactive Software in a research report on Thursday, October 12th. One research analyst has rated the stock with a sell rating, five have given a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $114.23.

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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.

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

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