Daiwa Securities Group Inc. Purchases 3,845 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Daiwa Securities Group Inc. increased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 11.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 37,233 shares of the company's stock after buying an additional 3,845 shares during the quarter. Daiwa Securities Group Inc.'s holdings in Take-Two Interactive Software were worth $5,723,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Crewe Advisors LLC raised 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 worth $30,000 after acquiring an additional 143 shares during the period. UMB Bank n.a. raised its stake 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 valued at $31,000 after purchasing an additional 121 shares during the period. Blue Trust Inc. lifted its holdings in shares of 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 purchasing an additional 193 shares in the last quarter. HHM Wealth Advisors LLC bought a new position in shares of Take-Two Interactive Software during the second quarter worth about $37,000. Finally, BOKF NA raised its position in Take-Two Interactive Software by 466.7% in the 1st quarter. BOKF NA now owns 272 shares of the company's stock valued at $41,000 after buying an additional 224 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Stock Performance

TTWO stock opened at $187.85 on Wednesday. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $190.43. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The business's fifty day moving average price is $162.89 and its two-hundred day moving average price is $156.84.

Insider Buying and Selling

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 transaction of $358,340.00. Following the transaction, the director now owns 9,692 shares in the company, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.45% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Robert W. Baird raised their price target on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an "outperform" rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. lowered their price target on shares of Take-Two Interactive Software from $200.00 to $195.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 22nd. Morgan Stanley increased their price objective on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, November 7th. The Goldman Sachs Group upped their target price on Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. Finally, Benchmark raised their price target on Take-Two Interactive Software from $200.00 to $210.00 and gave the company a "buy" rating in a research note on Wednesday, August 21st. Two research 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 stock. According to MarketBeat, Take-Two Interactive Software presently has an average rating of "Moderate Buy" and a consensus target price of $191.75.

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.