Oddo BHF Asset Management Sas Purchases New Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Oddo BHF Asset Management Sas purchased a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 27,982 shares of the company's stock, valued at approximately $4,301,000.

Several other institutional investors and hedge funds also recently made changes to their positions in TTWO. Swiss National Bank grew its stake in shares of Take-Two Interactive Software by 2.7% during the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company's stock valued at $75,857,000 after purchasing an additional 13,200 shares during the period. Paloma Partners Management Co purchased a new stake in shares of Take-Two Interactive Software in the third quarter worth about $20,290,000. CIBC Asset Management Inc raised its stake in Take-Two Interactive Software by 9.1% during the third quarter. CIBC Asset Management Inc now owns 53,345 shares of the company's stock valued at $8,200,000 after purchasing an additional 4,456 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in Take-Two Interactive Software by 2.8% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company's stock valued at $61,928,000 after purchasing an additional 10,837 shares during the period. Finally, WCM Investment Management LLC lifted its position in Take-Two Interactive Software by 28.6% in the third quarter. WCM Investment Management LLC now owns 12,895 shares of the company's stock worth $1,974,000 after buying an additional 2,867 shares during the last quarter. Institutional investors own 95.46% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. The Goldman Sachs Group lifted their target price on Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th. Morgan Stanley raised their price target on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, November 7th. TD Cowen upped their price objective on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a "buy" rating in a report on Friday, November 22nd. UBS Group upped their price objective on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a "neutral" rating in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. lowered their price objective on Take-Two Interactive Software from $200.00 to $195.00 and set an "overweight" rating on the stock in a report on Tuesday, October 22nd. Three investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Take-Two Interactive Software has an average rating of "Moderate Buy" and an average target price of $196.00.

Take-Two Interactive Software Stock Down 2.2 %

TTWO traded down $4.16 during trading on Friday, reaching $185.48. The stock had a trading volume of 1,327,922 shares, compared to its average volume of 1,591,507. The stock has a 50 day moving average of $172.42 and a two-hundred day moving average of $160.28. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $191.91. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85.

Insider Transactions at Take-Two Interactive Software

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 shares were sold at an average price of $179.17, for a total value of $358,340.00. Following the sale, the director now directly 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 document filed with the SEC, which is available at the SEC website. Also, insider Daniel P. Emerson sold 777 shares of the firm's stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the transaction, the insider now directly owns 149,379 shares of the company's stock, valued at approximately $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is currently owned by insiders.

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.