UMB Bank n.a. Buys 114 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

UMB Bank n.a. lifted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 34.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 441 shares of the company’s stock after purchasing an additional 114 shares during the quarter. UMB Bank n.a.’s holdings in Take-Two Interactive Software were worth $91,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of TTWO. Park Square Financial Group LLC bought a new position in shares of Take-Two Interactive Software during the 4th quarter valued at $28,000. Assetmark Inc. increased its stake in Take-Two Interactive Software by 155.9% in the 4th quarter. Assetmark Inc. now owns 174 shares of the company’s stock worth $32,000 after buying an additional 106 shares in the last quarter. Global Financial Private Client LLC grew its position in shares of Take-Two Interactive Software by 50.0% during the first quarter. Global Financial Private Client LLC now owns 237 shares of the company’s stock worth $49,000 after purchasing an additional 79 shares in the last quarter. Itau Unibanco Holding S.A. grew its holdings in Take-Two Interactive Software by 41.4% during the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company’s stock valued at $45,000 after buying an additional 72 shares in the last quarter. Finally, NBC Securities Inc. bought a new stake in Take-Two Interactive Software in the 1st quarter valued at $55,000. 95.46% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Daniel P. Emerson sold 27,056 shares of Take-Two Interactive Software stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $225.22, for a total value of $6,093,552.32. Following the sale, the insider now owns 152,271 shares of the company’s stock, valued at approximately $34,294,474.62. This trade represents a 15.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Karl Slatoff sold 216,661 shares of the firm’s stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $225.75, for a total transaction of $48,911,220.75. Following the completion of the transaction, the president now directly owns 1,206,427 shares in the company, valued at $272,350,895.25. This represents a 15.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 460,378 shares of company stock valued at $103,915,994. Corporate insiders own 1.45% of the company’s stock.

Wall Street Analyst Weigh In

TTWO has been the topic of several recent research reports. Ascendiant Capital Markets upped their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a “buy” rating in a report on Monday, March 3rd. JPMorgan Chase & Co. boosted their target price on Take-Two Interactive Software from $225.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday, May 16th. Morgan Stanley upped their price target on shares of Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an “overweight” rating in a report on Monday, May 19th. Robert W. Baird raised their price objective on Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an “outperform” rating in a report on Friday, May 16th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $236.00 target price (down previously from $240.00) on shares of Take-Two Interactive Software in a research report on Monday, May 5th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $228.10.

Take-Two Interactive Software Trading Down 0.1%

Take-Two Interactive Software stock opened at $234.46 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $240.78. The stock has a 50-day moving average price of $223.10 and a 200 day moving average price of $205.34. The company has a market capitalization of $41.60 billion, a price-to-earnings ratio of -10.99, a price-to-earnings-growth ratio of 6.83 and a beta of 1.03.

Take-Two Interactive Software 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.