Asset Management One Co. Ltd. Purchases 6,476 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Asset Management One Co. Ltd. lifted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 10.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,941 shares of the company's stock after purchasing an additional 6,476 shares during the period. Asset Management One Co. Ltd.'s holdings in Take-Two Interactive Software were worth $10,136,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. ORG Partners LLC grew its stake in Take-Two Interactive Software by 5,533.3% during the 1st 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 increased its stake in shares of Take-Two Interactive Software by 297.9% in the second quarter. Crewe Advisors LLC now owns 191 shares of the company's stock worth $30,000 after buying an additional 143 shares during the last quarter. UMB Bank n.a. raised its holdings in Take-Two Interactive Software by 155.1% in the second quarter. UMB Bank n.a. now owns 199 shares of the company's stock valued at $31,000 after acquiring an additional 121 shares in the last quarter. Blue Trust Inc. raised its holdings in Take-Two Interactive Software by 410.6% in the second quarter. Blue Trust Inc. now owns 240 shares of the company's stock valued at $36,000 after acquiring an additional 193 shares in the last quarter. Finally, HHM Wealth Advisors LLC bought a new position in Take-Two Interactive Software during the 2nd quarter valued at $37,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TTWO. Oppenheimer upped their target price on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the company an "outperform" rating in a research note on Thursday. Roth Mkm upped their price objective on Take-Two Interactive Software from $180.00 to $182.00 and gave the company a "buy" rating in a research note on Thursday. The Goldman Sachs Group lifted their target price on Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a "buy" rating in a research report on Thursday. Wedbush reissued an "outperform" rating and set a $190.00 price target on shares of Take-Two Interactive Software in a research report on Thursday. Finally, Bank of America reiterated a "buy" rating and set a $185.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Two research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $188.05.

Take-Two Interactive Software Price Performance

TTWO traded down $1.27 on Friday, reaching $177.90. The company had a trading volume of 2,214,449 shares, compared to its average volume of 1,617,064. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $180.53. The company has a market capitalization of $31.18 billion, a P/E ratio of -8.35, a PEG ratio of 5.09 and a beta of 0.85. The company has a fifty day moving average of $156.43 and a 200-day moving average of $153.44. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.51.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported ($0.30) EPS for the quarter, topping the consensus estimate of ($0.39) by $0.09. Take-Two Interactive Software had a negative net margin of 66.38% and a positive return on equity of 0.49%. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.24 billion. As a group, equities research analysts anticipate that Take-Two Interactive Software, Inc. will post 1.01 earnings per share for the current year.

Insiders Place Their Bets

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

Take-Two Interactive Software Company 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.