Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Stake Raised by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 10.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,240,565 shares of the company's stock after purchasing an additional 417,325 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 2.41% of Take-Two Interactive Software worth $651,817,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Crewe Advisors LLC boosted its position in Take-Two Interactive Software by 297.9% during the 2nd 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 period. UMB Bank n.a. lifted its stake 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 buying an additional 121 shares during the last quarter. Truvestments Capital LLC acquired a new position in shares of Take-Two Interactive Software during the third quarter valued at $31,000. HHM Wealth Advisors LLC bought a new position in shares of Take-Two Interactive Software during the second quarter worth about $37,000. Finally, Blue Trust Inc. increased its holdings in shares of Take-Two Interactive Software by 410.6% in the 2nd quarter. Blue Trust Inc. now owns 240 shares of the company's stock worth $36,000 after acquiring an additional 193 shares during the period. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO traded down $2.29 on Thursday, reaching $185.56. 1,235,762 shares of the company traded hands, compared to its average volume of 1,606,921. The stock has a market capitalization of $32.59 billion, a PE ratio of -8.77, a P/E/G ratio of 5.65 and a beta of 0.85. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The company's 50 day moving average is $164.23 and its 200-day moving average is $157.34. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $190.43.

Wall Street Analyst Weigh In

A number of research firms have issued reports on TTWO. Roth Mkm boosted their target price on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. Stifel Nicolaus boosted their price objective on Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a "buy" rating in a research report on Thursday, September 5th. The Goldman Sachs Group raised their target price on Take-Two Interactive Software from $186.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday, November 7th. UBS Group boosted their price target on 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, Bank of America reissued a "buy" rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Two analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $191.75.

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 dated 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 transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 1.45% of the stock is owned by insiders.

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.