TAKE-TWO INTERACTIVE SOFTWARE, INC (TTWO) Holdings Lifted by Cavalry Management Group LLC

Cavalry Management Group LLC grew its position in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 1.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 183,446 shares of the company’s stock after buying an additional 3,367 shares during the period. TAKE-TWO INTERACTIVE SOFTWARE makes up about 4.4% of Cavalry Management Group LLC’s investment portfolio, making the stock its 14th largest holding. Cavalry Management Group LLC owned about 0.16% of TAKE-TWO INTERACTIVE SOFTWARE worth $18,898,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. raised its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 2.4% during the fourth quarter. BlackRock Inc. now owns 8,222,990 shares of the company’s stock valued at $846,473,000 after purchasing an additional 190,881 shares during the last quarter. FMR LLC increased its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 35.1% during the third quarter. FMR LLC now owns 3,564,945 shares of the company’s stock valued at $491,927,000 after buying an additional 926,316 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 8.5% during the third quarter. JPMorgan Chase & Co. now owns 2,606,777 shares of the company’s stock valued at $359,708,000 after buying an additional 203,912 shares during the last quarter. Allianz Asset Management GmbH increased its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 26.7% during the third quarter. Allianz Asset Management GmbH now owns 2,318,865 shares of the company’s stock valued at $319,980,000 after buying an additional 489,197 shares during the last quarter. Finally, Macquarie Group Ltd. increased its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 0.5% during the third quarter. Macquarie Group Ltd. now owns 1,935,004 shares of the company’s stock valued at $267,011,000 after buying an additional 9,428 shares during the last quarter. 95.84% of the stock is owned by hedge funds and other institutional investors.

TTWO has been the subject of a number of research reports. Wedbush reduced their target price on shares of TAKE-TWO INTERACTIVE SOFTWARE from $150.00 to $119.00 and set an “outperform” rating for the company in a report on Wednesday, January 30th. Buckingham Research reaffirmed a “buy” rating and set a $130.00 target price on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Tuesday, December 18th. MKM Partners reduced their target price on shares of TAKE-TWO INTERACTIVE SOFTWARE to $115.00 and set a “buy” rating for the company in a report on Thursday, February 7th. Benchmark upped their target price on shares of TAKE-TWO INTERACTIVE SOFTWARE from $124.00 to $156.00 and gave the company a “buy” rating in a report on Thursday, February 7th. Finally, Stephens initiated coverage on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Thursday, January 10th. They set an “overweight” rating and a $138.00 target price for the company. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seventeen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $134.92.

TTWO opened at $93.55 on Friday. The company has a market capitalization of $10.59 billion, a price-to-earnings ratio of 53.46, a PEG ratio of 1.63 and a beta of 1.01. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 1-year low of $84.41 and a 1-year high of $139.91.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last posted its quarterly earnings results on Wednesday, February 6th. The company reported $3.19 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.02 by $1.17. The business had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.50 billion. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 14.26% and a return on equity of 28.92%. The company’s revenue was up 139.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.12 earnings per share. On average, sell-side analysts anticipate that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.15 EPS for the current year.

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TAKE-TWO INTERACTIVE SOFTWARE Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.

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Institutional Ownership by Quarter for TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO)

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