Massachusetts Financial Services Co. MA Has $828.99 Million Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Massachusetts Financial Services Co. MA raised its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 13.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,393,233 shares of the company's stock after buying an additional 648,982 shares during the period. Massachusetts Financial Services Co. MA owned approximately 3.08% of Take-Two Interactive Software worth $828,994,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in shares of Take-Two Interactive Software by 6.3% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 118,108 shares of the company's stock worth $18,154,000 after purchasing an additional 7,006 shares during the last quarter. Commerce Bank grew its stake in shares of Take-Two Interactive Software by 2.1% in the 3rd quarter. Commerce Bank now owns 24,928 shares of the company's stock worth $3,832,000 after purchasing an additional 514 shares during the last quarter. Avior Wealth Management LLC grew its stake in shares of Take-Two Interactive Software by 5.9% in the 3rd quarter. Avior Wealth Management LLC now owns 1,622 shares of the company's stock worth $249,000 after purchasing an additional 91 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Take-Two Interactive Software by 7.0% in the third quarter. PNC Financial Services Group Inc. now owns 21,649 shares of the company's stock worth $3,328,000 after buying an additional 1,413 shares during the period. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Take-Two Interactive Software in the third quarter worth about $1,700,000. Institutional investors and hedge funds own 95.46% of the company's stock.

Insider Activity at Take-Two Interactive Software

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the 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 sale, the director now directly owns 9,692 shares of the company's stock, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.45% of the stock is owned by company insiders.

Take-Two Interactive Software Stock Up 0.8 %

Shares of NASDAQ TTWO traded up $1.57 during trading hours on Friday, hitting $188.15. The company had a trading volume of 992,831 shares, compared to its average volume of 1,603,813. The stock has a market capitalization of $33.04 billion, a P/E ratio of -8.89, a price-to-earnings-growth ratio of 5.61 and a beta of 0.85. 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 firm's 50 day moving average is $162.18 and its 200-day moving average is $156.42.

Analyst Upgrades and Downgrades

TTWO has been the subject of several research reports. Oppenheimer raised their price target on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th. HSBC upgraded shares of Take-Two Interactive Software from a "hold" rating to a "buy" rating and set a $179.00 price target for the company in a report on Monday, August 12th. Hsbc Global Res upgraded shares of Take-Two Interactive Software from a "hold" rating to a "strong-buy" rating in a report on Monday, August 12th. Benchmark raised 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 report on Wednesday, August 21st. Finally, BMO Capital Markets lifted their price target on shares of 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. Two equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $191.75.

About Take-Two Interactive Software

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.