B. Metzler seel. Sohn & Co. Holding AG purchased a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 11,057 shares of the company's stock, valued at approximately $1,700,000.
A number of other large investors also recently bought and sold shares of TTWO. O Shaughnessy Asset Management LLC increased its stake in Take-Two Interactive Software by 9.3% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 4,906 shares of the company's stock worth $728,000 after buying an additional 417 shares in the last quarter. Advisors Asset Management Inc. increased its stake in Take-Two Interactive Software by 15.1% during the 1st quarter. Advisors Asset Management Inc. now owns 945 shares of the company's stock worth $140,000 after buying an additional 124 shares in the last quarter. Gamco Investors INC. ET AL increased its stake in Take-Two Interactive Software by 1.3% during the 1st quarter. Gamco Investors INC. ET AL now owns 60,564 shares of the company's stock worth $8,993,000 after buying an additional 806 shares in the last quarter. Gabelli Funds LLC increased its stake in Take-Two Interactive Software by 1.1% during the 1st quarter. Gabelli Funds LLC now owns 49,832 shares of the company's stock worth $7,400,000 after buying an additional 525 shares in the last quarter. Finally, Epoch Investment Partners Inc. grew its position in shares of Take-Two Interactive Software by 2.5% in the first quarter. Epoch Investment Partners Inc. now owns 249,700 shares of the company's stock valued at $37,078,000 after purchasing an additional 6,097 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.
Analyst Ratings Changes
TTWO has been the subject of a number of analyst reports. Morgan Stanley upped their price target on Take-Two Interactive Software from $185.00 to $200.00 and gave the company an "overweight" rating in a research report on Thursday, November 7th. BMO Capital Markets upped their price target on Take-Two Interactive Software from $185.00 to $190.00 and gave the company an "outperform" rating in a research report on Thursday, November 7th. HSBC upgraded Take-Two Interactive Software from a "hold" rating to a "buy" rating and set a $179.00 price target for the company in a research report on Monday, August 12th. Robert W. Baird upped their price target on Take-Two Interactive Software from $172.00 to $181.00 and gave the company an "outperform" rating in a research report on Thursday, November 7th. Finally, Bank of America restated a "buy" rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a research report on Wednesday, August 21st. Two investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $191.75.
Read Our Latest Stock Analysis on TTWO
Insider Activity
In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the firm's stock in a transaction on Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the sale, the director now directly owns 9,692 shares in the company, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.45% of the company's stock.
Take-Two Interactive Software Trading Up 0.8 %
Shares of NASDAQ TTWO traded up $1.57 during mid-day trading on Friday, hitting $188.15. The company had a trading volume of 1,081,972 shares, compared to its average volume of 1,643,368. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $188.45. The business's 50-day simple moving average is $162.18 and its 200 day simple moving average is $156.42.
About Take-Two Interactive Software
(
Free Report)
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.
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