TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) Shares Sold by Perella Weinberg Partners Capital Management LP

Perella Weinberg Partners Capital Management LP decreased its position in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 12.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,730 shares of the company’s stock after selling 4,330 shares during the quarter. Perella Weinberg Partners Capital Management LP’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $3,163,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of TTWO. Belpointe Asset Management LLC lifted its stake in TAKE-TWO INTERACTIVE SOFTWARE by 2.3% in the third quarter. Belpointe Asset Management LLC now owns 7,116 shares of the company’s stock valued at $982,000 after buying an additional 158 shares during the last quarter. TCI Wealth Advisors Inc. raised its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 348.4% during the fourth quarter. TCI Wealth Advisors Inc. now owns 278 shares of the company’s stock valued at $29,000 after purchasing an additional 216 shares in the last quarter. Lavaca Capital LLC bought a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE during the fourth quarter valued at about $25,000. Kistler Tiffany Companies LLC bought a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE during the fourth quarter valued at about $31,000. Finally, PNC Financial Services Group Inc. raised its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 8.3% during the third quarter. PNC Financial Services Group Inc. now owns 5,932 shares of the company’s stock valued at $819,000 after purchasing an additional 453 shares in the last quarter. 92.80% of the stock is owned by institutional investors.

NASDAQ:TTWO opened at $92.14 on Thursday. TAKE-TWO INTERACTIVE SOFTWARE, INC has a fifty-two week low of $86.90 and a fifty-two week high of $139.91. The stock has a market cap of $10.10 billion, a price-to-earnings ratio of 52.65, a price-to-earnings-growth ratio of 1.65 and a beta of 1.07.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last released its earnings results on Wednesday, February 6th. The company reported $3.19 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.02 by $1.17. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 28.92% and a net margin of 14.26%. The company had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter in the previous year, the business posted $1.12 EPS. The business’s revenue for the quarter was up 139.9% on a year-over-year basis. As a group, equities research analysts forecast that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.37 earnings per share for the current year.

A number of equities research analysts recently weighed in on the stock. Buckingham Research restated a “buy” rating and set a $130.00 price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research note on Tuesday, December 18th. Benchmark boosted their price target on shares of TAKE-TWO INTERACTIVE SOFTWARE from $124.00 to $156.00 and gave the stock a “buy” rating in a research report on Thursday, February 7th. Robert W. Baird dropped their price target on shares of TAKE-TWO INTERACTIVE SOFTWARE to $114.00 and set an “outperform” rating on the stock in a research report on Thursday, February 7th. Credit Suisse Group dropped their price target on shares of TAKE-TWO INTERACTIVE SOFTWARE from $126.00 to $112.00 and set a “neutral” rating on the stock in a research report on Thursday, February 7th. Finally, Goldman Sachs Group assumed coverage on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research report on Wednesday, January 30th. They issued a “buy” rating and a $130.00 price target on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company’s stock. TAKE-TWO INTERACTIVE SOFTWARE presently has an average rating of “Buy” and a consensus price target of $135.62.

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About TAKE-TWO INTERACTIVE SOFTWARE

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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