Disciplined Growth Investors Inc. MN boosted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 5.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 327,685 shares of the company's stock after acquiring an additional 16,990 shares during the quarter. Disciplined Growth Investors Inc. MN owned 0.19% of Take-Two Interactive Software worth $50,368,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in TTWO. Itau Unibanco Holding S.A. bought a new position in Take-Two Interactive Software in the 3rd quarter worth about $27,000. Crewe Advisors LLC grew its stake in 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 purchasing an additional 143 shares in the last quarter. UMB Bank n.a. increased its holdings in Take-Two Interactive Software by 155.1% during 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 during the period. Truvestments Capital LLC bought a new stake in Take-Two Interactive Software during the 3rd quarter valued at $31,000. Finally, HHM Wealth Advisors LLC bought a new stake in Take-Two Interactive Software during the 2nd quarter valued at $37,000. 95.46% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on the company. StockNews.com upgraded Take-Two Interactive Software from a "sell" rating to a "hold" rating in a research note on Friday. Roth Mkm raised their target price on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a "buy" rating in a research report on Tuesday, November 19th. Benchmark increased their price objective on shares of 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. Oppenheimer boosted their price objective on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an "outperform" rating in a research note on Thursday, November 7th. Finally, UBS Group lifted their target price on Take-Two Interactive Software from $156.00 to $175.00 and gave the company a "neutral" rating in a research note on Thursday, November 7th. Three research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $194.25.
Check Out Our Latest Report on TTWO
Insider Transactions at Take-Two Interactive Software
In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the company's stock in a transaction on Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of the transaction, the director now directly owns 9,692 shares in the company, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the sale, the insider now owns 149,379 shares in the company, valued at approximately $28,029,475.56. This trade represents a 0.52 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.45% of the company's stock.
Take-Two Interactive Software Stock Performance
Shares of TTWO stock traded down $1.81 on Tuesday, hitting $187.90. The company had a trading volume of 1,420,552 shares, compared to its average volume of 1,598,249. The firm has a market cap of $33.00 billion, a P/E ratio of -8.88, a price-to-earnings-growth ratio of 5.89 and a beta of 0.88. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $191.91. The company has a 50-day moving average price of $170.10 and a 200-day moving average price of $159.64. 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 Company Profile
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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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