Dimensional Fund Advisors LP Acquires 28,588 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Dimensional Fund Advisors LP boosted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 2.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,266,248 shares of the company's stock after buying an additional 28,588 shares during the period. Dimensional Fund Advisors LP owned 0.72% of Take-Two Interactive Software worth $196,913,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Pin Oak Investment Advisors Inc. lifted its position in Take-Two Interactive Software by 485.7% during the 4th quarter. Pin Oak Investment Advisors Inc. now owns 164 shares of the company's stock valued at $26,000 after acquiring an additional 136 shares during the period. ORG Partners LLC increased its stake in shares of Take-Two Interactive Software by 5,533.3% during the first quarter. ORG Partners LLC now owns 169 shares of the company's stock valued at $25,000 after purchasing an additional 166 shares in the last quarter. Crewe Advisors LLC lifted its holdings in shares of Take-Two Interactive Software by 297.9% during the second quarter. Crewe Advisors LLC now owns 191 shares of the company's stock valued at $30,000 after purchasing an additional 143 shares during the last quarter. UMB Bank n.a. boosted its position in shares of Take-Two Interactive Software by 155.1% in the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company's stock worth $31,000 after purchasing an additional 121 shares in the last quarter. Finally, HHM Wealth Advisors LLC purchased a new stake in shares of Take-Two Interactive Software in the 2nd quarter worth approximately $37,000. Hedge funds and other institutional investors own 95.46% of the company's stock.

Insider Activity

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of the business's stock in a transaction that occurred 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 sale, the director now directly owns 64,378 shares of the company's stock, valued at $9,645,755.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.37% of the company's stock.

Analyst Upgrades and Downgrades

TTWO has been the topic of several analyst reports. Morgan Stanley upped their price objective on Take-Two Interactive Software from $175.00 to $185.00 and gave the company an "overweight" rating in a research report on Tuesday, July 23rd. Hsbc Global Res raised shares of Take-Two Interactive Software from a "hold" rating to a "strong-buy" rating in a report on Monday, August 12th. Benchmark upped their target price on shares of Take-Two Interactive Software from $200.00 to $210.00 and gave the company a "buy" rating in a report on Wednesday, August 21st. HSBC upgraded shares of Take-Two Interactive Software from a "hold" rating to a "buy" rating and set a $179.00 price target on the stock in a research note on Monday, August 12th. Finally, Wedbush restated an "outperform" rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. One analyst has rated the stock with a sell rating, two have issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $183.55.

Take-Two Interactive Software Price Performance

NASDAQ TTWO traded down $4.94 during trading on Friday, hitting $148.72. 5,515,240 shares of the stock traded hands, compared to its average volume of 1,655,255. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.51. Take-Two Interactive Software, Inc. has a 12-month low of $130.34 and a 12-month high of $171.59. The firm has a 50-day simple moving average of $151.94 and a 200-day simple moving average of $151.10. The company has a market capitalization of $26.07 billion, a P/E ratio of -6.75, a price-to-earnings-growth ratio of 4.43 and a beta of 0.86.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share for the quarter, beating analysts' consensus estimates of ($0.39) by $0.09. Take-Two Interactive Software had a negative net margin of 70.33% and a positive return on equity of 1.74%. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.24 billion. As a group, analysts predict that Take-Two Interactive Software, Inc. will post 1.06 EPS for the current year.

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, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.