American Century Companies Inc. Has $5.60 Million Position in Take-Two Interactive Software, Inc. $TTWO

American Century Companies Inc. boosted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 22.5% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 23,041 shares of the company’s stock after acquiring an additional 4,235 shares during the period. American Century Companies Inc.’s holdings in Take-Two Interactive Software were worth $5,596,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Nuveen LLC acquired a new position in shares of Take-Two Interactive Software during the first quarter valued at about $288,410,000. Price T Rowe Associates Inc. MD lifted its position in Take-Two Interactive Software by 425.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company’s stock valued at $296,640,000 after acquiring an additional 1,158,783 shares in the last quarter. Vanguard Group Inc. boosted its stake in Take-Two Interactive Software by 4.5% during the 2nd quarter. Vanguard Group Inc. now owns 20,768,874 shares of the company’s stock valued at $5,043,721,000 after purchasing an additional 903,385 shares during the last quarter. Contour Asset Management LLC bought a new stake in Take-Two Interactive Software during the 1st quarter worth approximately $180,701,000. Finally, Assenagon Asset Management S.A. raised its stake in shares of Take-Two Interactive Software by 107.8% in the second quarter. Assenagon Asset Management S.A. now owns 1,001,531 shares of the company’s stock worth $243,222,000 after purchasing an additional 519,518 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Michael Sheresky sold 182 shares of Take-Two Interactive Software stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $235.11, for a total value of $42,790.02. Following the completion of the sale, the director owned 65,781 shares of the company’s stock, valued at approximately $15,465,770.91. This trade represents a 0.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Ellen F. Siminoff sold 414 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $235.95, for a total value of $97,683.30. Following the completion of the sale, the director owned 2,716 shares in the company, valued at $640,840.20. This represents a 13.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 1,421 shares of company stock valued at $349,042. 1.34% of the stock is currently owned by insiders.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $247.88 on Friday. The firm has a market cap of $45.80 billion, a price-to-earnings ratio of -10.97, a P/E/G ratio of 3.96 and a beta of 0.96. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.15 and a current ratio of 1.15. Take-Two Interactive Software, Inc. has a 52 week low of $177.35 and a 52 week high of $264.79. The firm’s 50-day simple moving average is $249.87 and its two-hundred day simple moving average is $240.32.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Thursday, November 6th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.13. Take-Two Interactive Software had a positive return on equity of 12.49% and a negative net margin of 64.26%.The business had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same period in the prior year, the company earned ($2.08) earnings per share. Take-Two Interactive Software’s revenue was up 33.3% compared to the same quarter last year. As a group, equities analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. DA Davidson increased their price target on Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. Cowen reiterated a “buy” rating on shares of Take-Two Interactive Software in a report on Tuesday, November 25th. Zacks Research lowered shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 28th. BMO Capital Markets boosted their price target on shares of Take-Two Interactive Software from $252.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Finally, UBS Group downgraded shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research report on Tuesday, November 25th. Nineteen analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and a consensus target price of $264.65.

Take-Two Interactive Software 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.