AQR Capital Management LLC Sells 5,518 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

AQR Capital Management LLC reduced its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 11.7% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 41,633 shares of the company’s stock after selling 5,518 shares during the period. AQR Capital Management LLC’s holdings in Take-Two Interactive Software were worth $2,468,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently modified their holdings of the company. Profund Advisors LLC boosted its position in shares of Take-Two Interactive Software by 0.3% in the first quarter. Profund Advisors LLC now owns 16,831 shares of the company’s stock worth $998,000 after buying an additional 45 shares in the last quarter. Fifth Third Bancorp boosted its position in shares of Take-Two Interactive Software by 6.4% in the first quarter. Fifth Third Bancorp now owns 1,685 shares of the company’s stock worth $100,000 after buying an additional 101 shares in the last quarter. Neuberger Berman Group LLC boosted its position in shares of Take-Two Interactive Software by 0.7% in the first quarter. Neuberger Berman Group LLC now owns 31,730 shares of the company’s stock worth $1,881,000 after buying an additional 230 shares in the last quarter. Neuburgh Advisers LLC boosted its position in shares of Take-Two Interactive Software by 23.2% in the first quarter. Neuburgh Advisers LLC now owns 2,976 shares of the company’s stock worth $176,000 after buying an additional 560 shares in the last quarter. Finally, Blair William & Co. IL boosted its position in shares of Take-Two Interactive Software by 6.1% in the first quarter. Blair William & Co. IL now owns 9,923 shares of the company’s stock worth $588,000 after buying an additional 567 shares in the last quarter. Institutional investors own 99.80% of the company’s stock.

Shares of Take-Two Interactive Software, Inc. (TTWO) opened at 81.46 on Thursday. Take-Two Interactive Software, Inc. has a 12 month low of $40.00 and a 12 month high of $81.49. The stock’s 50 day moving average price is $75.43 and its 200 day moving average price is $64.36. The stock has a market capitalization of $8.01 billion, a price-to-earnings ratio of 113.93 and a beta of 0.82.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Tuesday, May 23rd. The company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.57 by $0.08. The company had revenue of $407.20 million for the quarter, compared to the consensus estimate of $354.10 million. Take-Two Interactive Software had a return on equity of 22.89% and a net margin of 3.70%. Take-Two Interactive Software’s quarterly revenue was up 18.9% on a year-over-year basis. During the same period last year, the business posted $0.46 EPS. Analysts expect that Take-Two Interactive Software, Inc. will post $1.68 EPS for the current year.

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A number of brokerages recently issued reports on TTWO. BidaskClub upgraded Take-Two Interactive Software from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Credit Suisse Group reiterated a “hold” rating and issued a $73.00 target price on shares of Take-Two Interactive Software in a report on Wednesday. Zacks Investment Research cut Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 12th. Robert W. Baird increased their target price on Take-Two Interactive Software from $53.00 to $80.00 and gave the stock an “outperform” rating in a report on Wednesday, May 24th. Finally, Oppenheimer Holdings, Inc. reiterated an “outperform” rating and issued a $75.00 target price on shares of Take-Two Interactive Software in a report on Thursday, May 25th. Two analysts have rated the stock with a sell rating, two have given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. Take-Two Interactive Software currently has a consensus rating of “Buy” and a consensus price target of $73.29.

In other Take-Two Interactive Software news, VP Daniel P. Emerson sold 5,884 shares of the firm’s stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $76.68, for a total transaction of $451,185.12. Following the transaction, the vice president now directly owns 117,019 shares in the company, valued at approximately $8,973,016.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Daniel P. Emerson sold 18,440 shares of the firm’s stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $76.21, for a total value of $1,405,312.40. Following the transaction, the vice president now owns 135,088 shares in the company, valued at $10,295,056.48. The disclosure for this sale can be found here. Insiders have sold a total of 59,840 shares of company stock worth $4,644,614 over the last 90 days. 2.50% of the stock is currently owned by company insiders.

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.

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

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