Mirae Asset Global Investments Co. Ltd. Has $50.95 Million Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Mirae Asset Global Investments Co. Ltd. lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 332,921 shares of the company’s stock after acquiring an additional 1,300 shares during the period. Mirae Asset Global Investments Co. Ltd. owned about 0.19% of Take-Two Interactive Software worth $50,954,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Ninety One UK Ltd grew its position in Take-Two Interactive Software by 473.2% during the 2nd quarter. Ninety One UK Ltd now owns 1,269,428 shares of the company’s stock worth $197,383,000 after purchasing an additional 1,047,979 shares in the last quarter. 1832 Asset Management L.P. boosted its position in shares of Take-Two Interactive Software by 2,224.9% in the first quarter. 1832 Asset Management L.P. now owns 1,080,474 shares of the company’s stock worth $160,440,000 after buying an additional 1,034,000 shares during the period. Point72 Asset Management L.P. grew its holdings in shares of Take-Two Interactive Software by 3,786.4% during the second quarter. Point72 Asset Management L.P. now owns 826,048 shares of the company’s stock valued at $128,442,000 after buying an additional 804,793 shares in the last quarter. Ameriprise Financial Inc. raised its position in Take-Two Interactive Software by 17.6% during the second quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company’s stock valued at $694,173,000 after buying an additional 666,198 shares during the period. Finally, Assenagon Asset Management S.A. raised its position in Take-Two Interactive Software by 1,780.1% during the third quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company’s stock valued at $70,807,000 after buying an additional 436,150 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Redburn Atlantic started coverage on Take-Two Interactive Software in a research report on Thursday, August 29th. They set a “buy” rating and a $194.00 price objective for the company. Jefferies Financial Group boosted their price objective on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, July 11th. JPMorgan Chase & Co. dropped their price objective on shares of Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating on the stock in a research note on Tuesday. Wedbush reissued an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Finally, Hsbc Global Res upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, August 12th. One research analyst has rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $185.60.

Take-Two Interactive Software Stock Up 0.3 %

TTWO opened at $161.79 on Friday. The firm has a market cap of $28.36 billion, a P/E ratio of -7.26, a price-to-earnings-growth ratio of 4.63 and a beta of 0.86. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.90 and a current ratio of 0.90. The business has a 50 day moving average price of $155.23 and a 200 day moving average price of $152.31. Take-Two Interactive Software, Inc. has a twelve month low of $130.34 and a twelve month high of $171.59.

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

Insider Buying and Selling at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 191 shares of the stock in a transaction that occurred on 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 owns 64,378 shares in the company, valued at $9,645,755.74. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.45% of the company’s stock.

About Take-Two Interactive Software

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.