Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. boosted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 13.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 374,557 shares of the company's stock after purchasing an additional 44,675 shares during the quarter. Victory Capital Management Inc. owned about 0.21% of Take-Two Interactive Software worth $57,573,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in TTWO. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Take-Two Interactive Software by 2.8% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company's stock valued at $61,928,000 after purchasing an additional 10,837 shares during the last quarter. WCM Investment Management LLC grew its holdings in Take-Two Interactive Software by 28.6% in the 3rd quarter. WCM Investment Management LLC now owns 12,895 shares of the company's stock worth $1,974,000 after acquiring an additional 2,867 shares during the last quarter. Versor Investments LP bought a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at about $605,000. Ashton Thomas Securities LLC bought a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at about $74,000. Finally, River Global Investors LLP boosted its stake in shares of Take-Two Interactive Software by 1.4% during the 3rd quarter. River Global Investors LLP now owns 15,218 shares of the company's stock valued at $2,338,000 after purchasing an additional 211 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Insider Buying and Selling

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction on Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Michael Sheresky sold 191 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $149.83, for a total value of $28,617.53. Following the sale, the director now directly owns 64,378 shares of the company's stock, valued at approximately $9,645,755.74. This represents a 0.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.45% of the company's stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO traded down $3.66 during mid-day trading on Friday, hitting $177.82. 502,867 shares of the company's stock were exchanged, compared to its average volume of 1,607,262. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $182.62. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. The stock's 50-day moving average is $158.56 and its 200-day moving average is $154.75.

Analysts Set New Price Targets

TTWO has been the subject of a number of recent research reports. Stifel Nicolaus lifted their price target on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the company a "buy" rating in a research report on Thursday, September 5th. Hsbc Global Res raised shares of Take-Two Interactive Software from a "hold" rating to a "strong-buy" rating in a report on Monday, August 12th. Roth Mkm upped their price target on shares of Take-Two Interactive Software from $180.00 to $182.00 and gave the stock a "buy" rating in a research report 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 target price on the stock in a report on Monday, August 12th. Finally, TD Cowen raised their target price on shares of Take-Two Interactive Software from $173.00 to $176.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. Two research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $188.70.

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.