Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Acquired by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. increased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 2.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 402,889 shares of the company's stock after acquiring an additional 10,837 shares during the period. Sumitomo Mitsui Trust Group Inc. owned about 0.23% of Take-Two Interactive Software worth $61,928,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TTWO. WCM Investment Management LLC boosted its stake in shares of Take-Two Interactive Software by 28.6% in the 3rd quarter. WCM Investment Management LLC now owns 12,895 shares of the company's stock valued at $1,974,000 after buying an additional 2,867 shares during the period. Versor Investments LP purchased a new stake in shares of Take-Two Interactive Software in the 3rd quarter valued at approximately $605,000. Ashton Thomas Securities LLC purchased a new stake in shares of Take-Two Interactive Software in the 3rd quarter valued at approximately $74,000. River Global Investors LLP raised its holdings in shares of Take-Two Interactive Software by 1.4% in the 3rd quarter. River Global Investors LLP now owns 15,218 shares of the company's stock valued at $2,338,000 after purchasing an additional 211 shares in the last quarter. Finally, Troy Asset Management Ltd lifted its position in shares of Take-Two Interactive Software by 8.1% during the 3rd quarter. Troy Asset Management Ltd now owns 102,372 shares of the company's stock worth $15,736,000 after purchasing an additional 7,654 shares during the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Price Performance

Shares of TTWO traded down $3.86 during trading hours on Friday, reaching $177.62. The company had a trading volume of 1,349,627 shares, compared to its average volume of 1,611,076. The company has a market capitalization of $31.20 billion, a price-to-earnings ratio of -8.39, a PEG ratio of 5.48 and a beta of 0.85. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $182.62. The firm has a 50 day simple moving average of $158.99 and a 200-day simple moving average of $154.99. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of the company's stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $149.83, for a total value of $28,617.53. Following the sale, the director now owns 64,378 shares of the company's stock, valued at $9,645,755.74. This represents a 0.30 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the firm's stock in a transaction that occurred 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 transaction, the director now directly owns 9,692 shares of the company's stock, valued at approximately $1,736,515.64. This trade represents a 17.11 % 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 corporate insiders.

Analyst Ratings Changes

TTWO has been the topic of a number of analyst reports. Oppenheimer raised their price target on Take-Two Interactive Software from $185.00 to $190.00 and gave the company an "outperform" rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. cut their target price on Take-Two Interactive Software from $200.00 to $195.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 22nd. BMO Capital Markets raised 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 report on Thursday, November 7th. Redburn Atlantic started coverage on shares of Take-Two Interactive Software in a report on Thursday, August 29th. They issued a "buy" rating and a $194.00 target price for the company. Finally, Hsbc Global Res raised Take-Two Interactive Software from a "hold" rating to a "strong-buy" rating in a report on Monday, August 12th. 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. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $188.70.

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.