Geode Capital Management LLC raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 3.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,011,190 shares of the company's stock after acquiring an additional 134,767 shares during the period. Geode Capital Management LLC owned about 2.28% of Take-Two Interactive Software worth $614,511,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Cetera Advisors LLC boosted its position in shares of Take-Two Interactive Software by 68.3% during the 1st quarter. Cetera Advisors LLC now owns 2,210 shares of the company's stock valued at $328,000 after acquiring an additional 897 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in Take-Two Interactive Software by 9.1% during the second quarter. Sequoia Financial Advisors LLC now owns 3,158 shares of the company's stock valued at $491,000 after purchasing an additional 264 shares in the last quarter. Swedbank AB grew its stake in shares of Take-Two Interactive Software by 2.2% in the 2nd quarter. Swedbank AB now owns 100,849 shares of the company's stock valued at $15,681,000 after purchasing an additional 2,166 shares during the period. Miracle Mile Advisors LLC acquired a new position in shares of Take-Two Interactive Software in the 2nd quarter worth approximately $280,000. Finally, Blue Trust Inc. lifted its position in shares of Take-Two Interactive Software by 410.6% during the 2nd quarter. Blue Trust Inc. now owns 240 shares of the company's stock worth $36,000 after buying an additional 193 shares during the period. Institutional investors own 95.46% of the company's stock.
Insider Buying and Selling at Take-Two Interactive Software
In related news, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the transaction, the insider now owns 149,379 shares of the company's stock, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the company's stock in a transaction that occurred 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 sale, the director now directly owns 9,692 shares of the company's stock, valued at $1,736,515.64. The trade was a 17.11 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.45% of the company's stock.
Analyst Ratings Changes
A number of analysts have weighed in on TTWO shares. UBS Group upped their price target on Take-Two Interactive Software from $156.00 to $175.00 and gave the company a "neutral" rating in a research report on Thursday, November 7th. BMO Capital Markets reiterated an "outperform" rating and set a $240.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. TD Cowen boosted their price target on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a "buy" rating in a research report on Friday, November 22nd. Redburn Atlantic initiated coverage on shares of Take-Two Interactive Software in a report on Thursday, August 29th. They set a "buy" rating and a $194.00 price objective for the company. Finally, Benchmark boosted their target price on Take-Two Interactive Software from $200.00 to $210.00 and gave the stock a "buy" rating in a report on Wednesday, August 21st. Three investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $196.00.
Get Our Latest Stock Analysis on TTWO
Take-Two Interactive Software Trading Down 2.2 %
Shares of NASDAQ TTWO traded down $4.16 during mid-day trading on Friday, hitting $185.48. The company's stock had a trading volume of 1,327,922 shares, compared to its average volume of 1,591,507. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $191.91. The company's fifty day simple moving average is $173.10 and its 200-day simple moving average is $160.49. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a market cap of $32.58 billion, a price-to-earnings ratio of -8.77, a price-to-earnings-growth ratio of 5.91 and a beta of 0.89.
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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