Ao Asset Management buys $20,040,127 stake in Take-Two Interactive Software (TTWO)

Take-Two Interactive Software (TTWO) : Ao Asset Management scooped up 139,300 additional shares in Take-Two Interactive Software during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 491,300 shares of Take-Two Interactive Software which is valued at $20,040,127.Take-Two Interactive Software makes up approximately 4.94% of Ao Asset Management’s portfolio.

Other Hedge Funds, Including , Great West Life Assurance Co Can boosted its stake in TTWO in the latest quarter, The investment management firm added 101,676 additional shares and now holds a total of 111,437 shares of Take-Two Interactive Software which is valued at $4,545,515. Take-Two Interactive Software makes up approx 0.01% of Great West Life Assurance Co Can’s portfolio.California State Teachers Retirement System reduced its stake in TTWO by selling 5,028 shares or 2.8% in the most recent quarter. The Hedge Fund company now holds 174,766 shares of TTWO which is valued at $7,128,705. Take-Two Interactive Software makes up approx 0.01% of California State Teachers Retirement System’s portfolio.Smith Asset Management Group Lp boosted its stake in TTWO in the latest quarter, The investment management firm added 198,392 additional shares and now holds a total of 765,677 shares of Take-Two Interactive Software which is valued at $30,971,635. Take-Two Interactive Software makes up approx 0.90% of Smith Asset Management Group Lp’s portfolio.

Take-Two Interactive Software closed down -0.39 points or -0.94% at $40.98 with 26,22,530 shares getting traded on Monday. Post opening the session at $41.42, the shares hit an intraday low of $40.93 and an intraday high of $41.57 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Take-Two Interactive Software reported $-0.21 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $-0.30. The company had revenue of $272.60 million for the quarter, compared to analysts expectations of $258.96 million. The company’s revenue was down -25.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.31 EPS.

Many Wall Street Analysts have commented on Take-Two Interactive Software. Company shares were Reiterated by Stifel on Aug 8, 2016 to “Buy”, Firm has raised the Price Target to $ 46 from a previous price target of $41 .Shares were Reiterated by Mizuho on May 19, 2016 to “Buy” and Lowered the Price Target to $ 40 from a previous price target of $41 .

Take-Two Interactive Software Inc. is a developer publisher and marketer of interactive entertainment. The Company develops and publishes products through its two wholly owned labels Rockstar Games and 2K. The Company 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. The Company’s products are designed for console gaming systems such as Sony’s PlayStation 3 and PlayStation 4 Microsoft’s Xbox 360 and Xbox One and personal computers including Smartphone’s and tablets. Rockstar Games is the developer and publisher of Grand Theft Auto as well as other franchises including L.A. Noire Max Payne Midnight Club and Red Dead. The Company’s 2K publishes owned and licensed titles across a range of genres including shooter action role-playing strategy sports and family/casual.

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