Wilmington Savings Fund Society FSB purchased a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 4,717 shares of the company's stock, valued at approximately $725,000.
A number of other hedge funds also recently made changes to their positions in TTWO. Swiss National Bank boosted its stake in shares of Take-Two Interactive Software by 2.7% during the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company's stock valued at $75,857,000 after buying an additional 13,200 shares during the last quarter. Paloma Partners Management Co bought a new position in shares of Take-Two Interactive Software during the third quarter worth about $20,290,000. CIBC Asset Management Inc increased its holdings in Take-Two Interactive Software by 9.1% in the third quarter. CIBC Asset Management Inc now owns 53,345 shares of the company's stock valued at $8,200,000 after buying an additional 4,456 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in Take-Two Interactive Software by 2.8% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company's stock valued at $61,928,000 after buying an additional 10,837 shares during the last quarter. Finally, Vestcor Inc lifted its holdings in Take-Two Interactive Software by 37.2% during the 3rd quarter. Vestcor Inc now owns 18,454 shares of the company's stock worth $2,837,000 after buying an additional 5,000 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.
Take-Two Interactive Software Price Performance
Shares of TTWO traded up $1.70 during mid-day trading on Monday, hitting $187.18. The company's stock had a trading volume of 1,847,001 shares, compared to its average volume of 1,592,562. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $191.91. The stock has a market capitalization of $32.87 billion, a price-to-earnings ratio of -8.77, a PEG ratio of 5.76 and a beta of 0.89. The firm has a 50-day moving average price of $173.10 and a 200 day moving average price of $160.52. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85.
Insiders Place Their Bets
In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the business's stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the sale, the insider now owns 149,379 shares in the company, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the company's 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 sale, the director now directly owns 9,692 shares of the company's stock, valued at $1,736,515.64. This represents a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. reduced their price objective on 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. UBS Group upped their target price on Take-Two Interactive Software from $156.00 to $175.00 and gave the company a "neutral" rating in a report on Thursday, November 7th. 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. Wedbush reiterated an "outperform" rating and issued a $190.00 target price on shares of Take-Two Interactive Software in a research note on Monday, December 9th. Finally, Robert W. Baird upped their price target on shares of 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. Three research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and a consensus target price of $196.00.
Check Out Our Latest Stock Analysis on TTWO
About Take-Two Interactive Software
(
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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