Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Bought by Ninety One SA PTY Ltd

Ninety One SA PTY Ltd lifted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 4.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,331 shares of the company's stock after acquiring an additional 1,764 shares during the period. Take-Two Interactive Software accounts for approximately 1.6% of Ninety One SA PTY Ltd's portfolio, making the stock its 20th biggest holding. Ninety One SA PTY Ltd's holdings in Take-Two Interactive Software were worth $7,056,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in TTWO. Fifth Third Bancorp boosted its stake in Take-Two Interactive Software by 0.3% in the 4th quarter. Fifth Third Bancorp now owns 17,148 shares of the company's stock worth $3,157,000 after buying an additional 57 shares during the last quarter. Hartford Investment Management Co. boosted its stake in Take-Two Interactive Software by 0.7% in the 3rd quarter. Hartford Investment Management Co. now owns 10,255 shares of the company's stock worth $1,576,000 after buying an additional 74 shares during the last quarter. Huntington National Bank boosted its stake in Take-Two Interactive Software by 9.3% in the 3rd quarter. Huntington National Bank now owns 896 shares of the company's stock worth $138,000 after buying an additional 76 shares during the last quarter. Sanctuary Advisors LLC boosted its stake in Take-Two Interactive Software by 1.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 4,493 shares of the company's stock worth $691,000 after buying an additional 79 shares during the last quarter. Finally, Chicago Capital LLC raised its holdings in shares of Take-Two Interactive Software by 2.9% in the 3rd quarter. Chicago Capital LLC now owns 2,983 shares of the company's stock worth $459,000 after purchasing an additional 85 shares during the period. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO traded up $25.69 during mid-day trading on Friday, hitting $208.77. The stock had a trading volume of 6,796,761 shares, compared to its average volume of 1,516,742. The company has a market cap of $36.67 billion, a PE ratio of -9.79, a PEG ratio of 5.68 and a beta of 0.89. The company's fifty day simple moving average is $185.94 and its two-hundred day simple moving average is $168.50. 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 fifty-two week low of $135.24 and a fifty-two week high of $212.88.

Insider Transactions at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 777 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the transaction, the insider now owns 149,379 shares in the company, valued at $28,029,475.56. The trade was a 0.52 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.45% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Roth Mkm raised their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a "buy" rating in a report on Tuesday, November 19th. Oppenheimer raised their price objective on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a report on Tuesday, January 21st. Stifel Nicolaus raised their price objective on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a "buy" rating in a report on Tuesday, January 21st. BMO Capital Markets restated an "outperform" rating and issued a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. Finally, Moffett Nathanson raised their price objective on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a report on Friday. Two investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $208.47.

Take-Two Interactive Software Company 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.