Vestcor Inc Has $2.84 Million Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Vestcor Inc grew its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 37.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,454 shares of the company's stock after buying an additional 5,000 shares during the period. Vestcor Inc's holdings in Take-Two Interactive Software were worth $2,837,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in TTWO. Itau Unibanco Holding S.A. acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at about $27,000. Crewe Advisors LLC grew its holdings in shares of Take-Two Interactive Software by 297.9% during the second quarter. Crewe Advisors LLC now owns 191 shares of the company's stock valued at $30,000 after purchasing an additional 143 shares during the last quarter. UMB Bank n.a. raised its position in shares of Take-Two Interactive Software by 155.1% during the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company's stock worth $31,000 after purchasing an additional 121 shares during the period. Truvestments Capital LLC bought a new stake in Take-Two Interactive Software in the third quarter valued at $31,000. Finally, Blue Trust Inc. boosted its holdings in shares of Take-Two Interactive Software by 410.6% during the second quarter. Blue Trust Inc. now owns 240 shares of the company's stock valued at $36,000 after acquiring an additional 193 shares during the period. Institutional investors and hedge funds own 95.46% of the company's stock.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Friday, November 8th. The shares were 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 in the company, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Daniel P. Emerson sold 777 shares of the business's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the sale, the insider now directly owns 149,379 shares in the company, 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 owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on TTWO shares. Stifel Nicolaus increased their price objective on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a "buy" rating in a report on Thursday, September 5th. JPMorgan Chase & Co. dropped their price target on shares of Take-Two Interactive Software from $200.00 to $195.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 22nd. Robert W. Baird boosted their price objective on Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. Redburn Atlantic initiated coverage on Take-Two Interactive Software in a report on Thursday, August 29th. They issued a "buy" rating and a $194.00 price objective for the company. Finally, TD Cowen lifted their target price on Take-Two Interactive Software from $176.00 to $211.00 and gave the company a "buy" rating in a research note on Friday, November 22nd. Three research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $195.50.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO traded up $5.10 during trading on Wednesday, hitting $190.46. The company had a trading volume of 1,489,225 shares, compared to its average volume of 1,595,932. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $191.91. The business's 50-day moving average is $171.58 and its 200 day moving average is $160.07. The company has a market cap of $33.45 billion, a P/E ratio of -9.00, a PEG ratio of 5.89 and a beta of 0.88. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85.

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.