Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Position Increased by Swedbank AB

Swedbank AB boosted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 3.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 104,737 shares of the company's stock after purchasing an additional 3,898 shares during the quarter. Swedbank AB owned approximately 0.06% of Take-Two Interactive Software worth $19,280,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of TTWO. Itau Unibanco Holding S.A. purchased a new position in Take-Two Interactive Software in the third quarter valued at approximately $27,000. Versant Capital Management Inc boosted its holdings in shares of Take-Two Interactive Software by 87.0% in the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company's stock valued at $34,000 after buying an additional 87 shares in the last quarter. Truvestments Capital LLC purchased a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at $31,000. Friedenthal Financial acquired a new stake in Take-Two Interactive Software during the 4th quarter worth $50,000. Finally, Catalyst Capital Advisors LLC boosted its stake in Take-Two Interactive Software by 69.3% in the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company's stock valued at $43,000 after acquiring an additional 115 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the firm's stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the transaction, the director now directly owns 9,692 shares of the company's stock, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 value of $145,796.28. Following the transaction, the insider now directly owns 149,379 shares in the company, valued at $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. Corporate insiders own 1.45% of the company's stock.

Take-Two Interactive Software Trading Down 1.4 %

Shares of NASDAQ TTWO traded down $2.63 on Tuesday, reaching $183.44. 1,069,727 shares of the company traded hands, compared to its average volume of 1,526,336. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $192.50. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The company has a 50 day moving average of $185.68 and a 200 day moving average of $167.64. The stock has a market capitalization of $32.22 billion, a PE ratio of -8.67, a P/E/G ratio of 5.76 and a beta of 0.89.

Analysts Set New Price Targets

TTWO has been the topic of several research analyst reports. Citigroup lifted their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a research report on Wednesday, December 11th. StockNews.com upgraded shares of Take-Two Interactive Software from a "sell" rating to a "hold" rating in a research report on Friday, December 6th. JPMorgan Chase & Co. lifted their price objective on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an "overweight" rating in a research note on Wednesday, December 18th. TD Cowen increased their target price on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a "buy" rating in a research note on Friday, November 22nd. Finally, Oppenheimer boosted their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a research report on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $204.06.

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.