Versor Investments LP acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 3,934 shares of the company's stock, valued at approximately $605,000.
Other institutional investors have also recently bought and sold shares of the company. Ashton Thomas Securities LLC bought a new position in shares of Take-Two Interactive Software in the third quarter worth $74,000. River Global Investors LLP increased its holdings in 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 buying an additional 211 shares during the period. Troy Asset Management Ltd raised its position in shares of Take-Two Interactive Software by 8.1% in the 3rd quarter. Troy Asset Management Ltd now owns 102,372 shares of the company's stock valued at $15,736,000 after buying an additional 7,654 shares in the last quarter. Verdence Capital Advisors LLC raised its position in shares of Take-Two Interactive Software by 37.1% in the 3rd quarter. Verdence Capital Advisors LLC now owns 23,680 shares of the company's stock valued at $3,640,000 after buying an additional 6,411 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in shares of Take-Two Interactive Software by 5.9% during the 3rd quarter. Principal Financial Group Inc. now owns 189,496 shares of the company's stock worth $29,127,000 after acquiring an additional 10,491 shares during the period. Institutional investors own 95.46% of the company's stock.
Insider Buying and Selling at Take-Two Interactive Software
In other news, Director Michael Sheresky sold 191 shares of the company's stock in a transaction on Monday, August 19th. The shares were sold at an average price of $149.83, for a total value of $28,617.53. Following the completion of the sale, the director now owns 64,378 shares in the company, valued at $9,645,755.74. This represents a 0.30 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction dated 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 owns 9,692 shares of the company's stock, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.45% of the company's stock.
Analyst Ratings Changes
TTWO has been the subject of several research analyst reports. Bank of America restated a "buy" rating and set a $185.00 price objective on shares of Take-Two Interactive Software in a research report on Wednesday, August 21st. Redburn Atlantic started coverage on Take-Two Interactive Software in a research note on Thursday, August 29th. They issued a "buy" rating and a $194.00 price objective on the stock. UBS Group boosted their target price on Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a "neutral" rating in a research note on Thursday, November 7th. HSBC raised shares of Take-Two Interactive Software from a "hold" rating to a "buy" rating and set a $179.00 price target on the stock in a report on Monday, August 12th. Finally, BMO Capital Markets increased their price objective on shares of 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. Two investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $188.05.
Check Out Our Latest Analysis on TTWO
Take-Two Interactive Software Stock Down 0.2 %
Shares of TTWO traded down $0.39 during trading hours on Thursday, reaching $181.48. The stock had a trading volume of 1,071,466 shares, compared to its average volume of 1,612,258. The firm has a 50-day simple moving average of $158.56 and a 200 day simple moving average of $154.75. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $182.62. 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 market capitalization of $31.87 billion, a price-to-earnings ratio of -8.58, a P/E/G ratio of 5.44 and a beta of 0.85.
Take-Two Interactive Software Profile
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Free Report)
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.
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