Swiss National Bank Purchases 13,200 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Swiss National Bank boosted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 2.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 493,508 shares of the company's stock after purchasing an additional 13,200 shares during the quarter. Swiss National Bank owned about 0.28% of Take-Two Interactive Software worth $75,857,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Crewe Advisors LLC raised its position in Take-Two Interactive Software by 297.9% in the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company's stock worth $30,000 after purchasing an additional 143 shares during the last quarter. UMB Bank n.a. grew its position in Take-Two Interactive Software by 155.1% in the second quarter. UMB Bank n.a. now owns 199 shares of the company's stock valued at $31,000 after purchasing an additional 121 shares in the last quarter. Blue Trust Inc. grew its stake in shares of Take-Two Interactive Software by 410.6% in the second quarter. Blue Trust Inc. now owns 240 shares of the company's stock valued at $36,000 after buying an additional 193 shares in the last quarter. HHM Wealth Advisors LLC bought a new position in Take-Two Interactive Software during the second quarter worth about $37,000. Finally, BOKF NA raised its holdings in Take-Two Interactive Software by 466.7% in the 1st quarter. BOKF NA now owns 272 shares of the company's stock valued at $41,000 after acquiring an additional 224 shares during the period. Institutional investors and hedge funds own 95.46% of the company's stock.

Insiders Place Their Bets

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the business's stock in a transaction that occurred 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 completion of the sale, the director now directly owns 9,692 shares in the company, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.45% of the company's stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO traded down $0.57 during trading hours on Wednesday, hitting $185.44. The stock had a trading volume of 974,484 shares, compared to its average volume of 1,606,333. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $186.75. The firm has a market capitalization of $32.57 billion, a price-to-earnings ratio of -8.72, a PEG ratio of 5.35 and a beta of 0.85. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a 50-day moving average price of $160.14 and a 200 day moving average price of $155.72.

Wall Street Analyst Weigh In

Several research firms have commented on TTWO. Benchmark increased their target price on 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. Hsbc Global Res upgraded Take-Two Interactive Software from a "hold" rating to a "strong-buy" rating in a report on Monday, August 12th. BMO Capital Markets raised their price target on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an "outperform" rating in a research note on Thursday, November 7th. Redburn Atlantic assumed coverage on shares of Take-Two Interactive Software in a research report on Thursday, August 29th. They set a "buy" rating and a $194.00 price objective on the stock. Finally, Morgan Stanley boosted their price objective on Take-Two Interactive Software from $185.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Take-Two Interactive Software has an average rating of "Moderate Buy" and a consensus price target of $190.00.

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.