Jag Capital Management LLC Has $272,000 Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Jag Capital Management LLC reduced its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 98.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,772 shares of the company's stock after selling 85,046 shares during the period. Jag Capital Management LLC's holdings in Take-Two Interactive Software were worth $272,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. QRG Capital Management Inc. grew its holdings in shares of Take-Two Interactive Software by 169.7% during the first quarter. QRG Capital Management Inc. now owns 14,425 shares of the company's stock worth $2,142,000 after buying an additional 9,076 shares in the last quarter. Creative Planning grew its stake in Take-Two Interactive Software by 27.6% in the 2nd quarter. Creative Planning now owns 26,244 shares of the company's stock worth $4,081,000 after acquiring an additional 5,681 shares during the period. University of Texas Texas AM Investment Management Co. grew its stake in Take-Two Interactive Software by 30.8% in the 2nd quarter. University of Texas Texas AM Investment Management Co. now owns 25,584 shares of the company's stock worth $3,978,000 after acquiring an additional 6,027 shares during the period. Beech Hill Advisors Inc. raised its holdings in Take-Two Interactive Software by 107.5% in the 3rd quarter. Beech Hill Advisors Inc. now owns 14,999 shares of the company's stock valued at $2,305,000 after acquiring an additional 7,769 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in shares of Take-Two Interactive Software by 103.7% during the 1st quarter. Russell Investments Group Ltd. now owns 45,316 shares of the company's stock worth $6,718,000 after purchasing an additional 23,072 shares during the period. Hedge funds and other institutional investors own 95.46% of the company's stock.

Insider Transactions at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 191 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $149.83, for a total transaction of $28,617.53. Following the completion of the sale, the director now owns 64,378 shares in the company, valued at approximately $9,645,755.74. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.45% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. BMO Capital Markets increased their price objective on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an "outperform" rating in a report on Thursday. Roth Mkm lifted their price target on shares of Take-Two Interactive Software from $180.00 to $182.00 and gave the company a "buy" rating in a report on Thursday. JPMorgan Chase & Co. dropped their price objective on Take-Two Interactive Software from $200.00 to $195.00 and set an "overweight" rating for the company in a report on Tuesday, October 22nd. Oppenheimer lifted their target price on Take-Two Interactive Software from $185.00 to $190.00 and gave the company an "outperform" rating in a report on Thursday. Finally, Benchmark upped their price target on Take-Two Interactive Software from $200.00 to $210.00 and gave the stock a "buy" rating in a research note on Wednesday, August 21st. Two research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Take-Two Interactive Software has a consensus rating of "Moderate Buy" and an average price target of $188.05.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO traded up $1.49 during midday trading on Monday, reaching $179.39. 2,133,930 shares of the company traded hands, compared to its average volume of 1,619,486. The company has a market cap of $31.44 billion, a price-to-earnings ratio of -8.41, a PEG ratio of 5.44 and a beta of 0.85. The stock has a 50-day moving average price of $156.75 and a 200 day moving average price of $153.87. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $180.53. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.90.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.39) by $0.09. Take-Two Interactive Software had a positive return on equity of 0.51% and a negative net margin of 66.38%. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.24 billion. Sell-side analysts anticipate that Take-Two Interactive Software, Inc. will post 1.01 earnings per share for the current fiscal year.

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.