WCM Investment Management LLC Has $1.97 Million Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

WCM Investment Management LLC boosted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 28.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,895 shares of the company's stock after acquiring an additional 2,867 shares during the quarter. WCM Investment Management LLC's holdings in Take-Two Interactive Software were worth $1,974,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hartford Investment Management Co. raised its holdings in shares of Take-Two Interactive Software by 0.7% during the third quarter. Hartford Investment Management Co. now owns 10,255 shares of the company's stock valued at $1,576,000 after acquiring an additional 74 shares during the period. Chicago Capital LLC grew its stake in shares of Take-Two Interactive Software by 2.9% during the third quarter. Chicago Capital LLC now owns 2,983 shares of the company's stock worth $459,000 after purchasing an additional 85 shares during the period. Massmutual Trust Co. FSB ADV increased its position in shares of Take-Two Interactive Software by 15.3% in the second quarter. Massmutual Trust Co. FSB ADV now owns 685 shares of the company's stock worth $107,000 after purchasing an additional 91 shares during the period. GAMMA Investing LLC raised its holdings in Take-Two Interactive Software by 5.7% during the third quarter. GAMMA Investing LLC now owns 1,709 shares of the company's stock worth $263,000 after buying an additional 92 shares during the last quarter. Finally, Banco Santander S.A. increased its position in shares of Take-Two Interactive Software by 0.6% during the 2nd quarter. Banco Santander S.A. now owns 15,773 shares of the company's stock valued at $2,453,000 after purchasing an additional 97 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Wall Street Analysts Forecast Growth

TTWO has been the subject of several recent analyst reports. Morgan Stanley upped their price target on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, November 7th. HSBC upgraded 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 research note on Monday, August 12th. The Goldman Sachs Group lifted their price objective on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th. Roth Mkm boosted their price objective on 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. Finally, 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 report on Thursday, November 7th. Two analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $188.05.

Insider Activity

In other news, Director Michael Sheresky sold 191 shares of Take-Two Interactive Software stock in a transaction on Monday, August 19th. The stock was sold at an average price of $149.83, for a total transaction of $28,617.53. Following the transaction, the director now owns 64,378 shares in the company, valued at approximately $9,645,755.74. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.45% of the company's stock.

Take-Two Interactive Software Stock Up 0.6 %

NASDAQ TTWO traded up $1.16 during trading hours on Tuesday, hitting $180.55. The company had a trading volume of 1,115,100 shares, compared to its average volume of 1,617,182. The company has a market capitalization of $31.65 billion, a price-to-earnings ratio of -8.48, a P/E/G ratio of 5.44 and a beta of 0.85. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $180.67. The firm's 50 day moving average is $157.11 and its 200 day moving average is $154.12. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.90.

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.