TAKE-TWO INTERACTIVE SOFTWARE, INC (TTWO) Stake Lessened by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank decreased its position in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 2.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,799 shares of the company’s stock after selling 477 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $3,008,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. grew its position in 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 buying an additional 453 shares during the period. Castleark Management LLC grew its position in TAKE-TWO INTERACTIVE SOFTWARE by 10.7% during the second quarter. Castleark Management LLC now owns 4,865 shares of the company’s stock valued at $576,000 after buying an additional 470 shares during the period. DNB Asset Management AS grew its position in TAKE-TWO INTERACTIVE SOFTWARE by 4.7% during the third quarter. DNB Asset Management AS now owns 11,200 shares of the company’s stock valued at $1,545,000 after buying an additional 500 shares during the period. Capital Advisors Ltd. LLC grew its position in TAKE-TWO INTERACTIVE SOFTWARE by 169.9% during the third quarter. Capital Advisors Ltd. LLC now owns 834 shares of the company’s stock valued at $115,000 after buying an additional 525 shares during the period. Finally, First National Bank of Hutchinson grew its position in TAKE-TWO INTERACTIVE SOFTWARE by 14.2% during the third quarter. First National Bank of Hutchinson now owns 4,329 shares of the company’s stock valued at $597,000 after buying an additional 538 shares during the period. Hedge funds and other institutional investors own 90.37% of the company’s stock.

In other news, VP Daniel P. Emerson sold 13,268 shares of the stock in a transaction dated Wednesday, October 10th. The shares were sold at an average price of $123.63, for a total value of $1,640,322.84. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.07% of the company’s stock.

Several equities analysts recently weighed in on TTWO shares. BidaskClub upgraded shares of TAKE-TWO INTERACTIVE SOFTWARE from a “hold” rating to a “buy” rating in a research report on Friday, September 14th. Bank of America upped their price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE from $143.00 to $151.00 and gave the company a “buy” rating in a report on Thursday, August 30th. Stifel Nicolaus upped their price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE from $137.00 to $144.00 and gave the company a “buy” rating in a report on Tuesday, September 11th. Sanford C. Bernstein began coverage on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Tuesday, October 9th. They set an “outperform” rating and a $175.00 price objective on the stock. Finally, Barclays set a $144.00 price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE and gave the company a “buy” rating in a report on Thursday, November 8th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have given a buy rating to the company. TAKE-TWO INTERACTIVE SOFTWARE has an average rating of “Buy” and an average target price of $144.53.

NASDAQ TTWO opened at $109.67 on Monday. The stock has a market cap of $12.49 billion, a price-to-earnings ratio of 62.67, a price-to-earnings-growth ratio of 1.91 and a beta of 1.12. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 52 week low of $92.81 and a 52 week high of $139.91.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last announced its quarterly earnings results on Wednesday, November 7th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.16. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 11.76% and a return on equity of 18.08%. The firm had revenue of $583.42 million for the quarter, compared to the consensus estimate of $549.87 million. During the same period in the prior year, the firm posted $1.09 earnings per share. The company’s revenue for the quarter was up 1.1% on a year-over-year basis. As a group, equities research analysts anticipate that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.37 EPS for the current year.

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TAKE-TWO INTERACTIVE SOFTWARE 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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