Brown Brothers Harriman & Co. Has $82.82 Million Stock Holdings in Take-Two Interactive Software, Inc. $TTWO

Brown Brothers Harriman & Co. increased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 320,547 shares of the company’s stock after buying an additional 10,426 shares during the quarter. Brown Brothers Harriman & Co. owned 0.17% of Take-Two Interactive Software worth $82,817,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Integrated Wealth Concepts LLC acquired a new position in shares of Take-Two Interactive Software during the first quarter worth $425,000. Empowered Funds LLC lifted its holdings in Take-Two Interactive Software by 13.2% during the 1st quarter. Empowered Funds LLC now owns 3,322 shares of the company’s stock worth $688,000 after buying an additional 388 shares during the period. Geneos Wealth Management Inc. grew its position in shares of Take-Two Interactive Software by 118.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 304 shares of the company’s stock valued at $63,000 after buying an additional 165 shares during the last quarter. Savant Capital LLC increased its stake in shares of Take-Two Interactive Software by 64.0% in the second quarter. Savant Capital LLC now owns 2,272 shares of the company’s stock valued at $552,000 after buying an additional 887 shares during the period. Finally, Allworth Financial LP raised its position in shares of Take-Two Interactive Software by 173.9% during the second quarter. Allworth Financial LP now owns 2,375 shares of the company’s stock worth $577,000 after acquiring an additional 1,508 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.

Insider Buying and Selling

In related news, CEO Strauss Zelnick sold 52,054 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $214.40, for a total transaction of $11,160,377.60. Following the transaction, the chief executive officer owned 178,702 shares of the company’s stock, valued at $38,313,708.80. The trade was a 22.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Daniel P. Emerson sold 1,698 shares of the company’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $213.62, for a total value of $362,726.76. Following the sale, the insider owned 125,001 shares of the company’s stock, valued at $26,702,713.62. This trade represents a 1.34% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 64,880 shares of company stock valued at $13,908,337. 1.34% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

TTWO has been the topic of several analyst reports. UBS Group upped their target price on Take-Two Interactive Software from $292.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Raymond James Financial upgraded shares of Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price target for the company in a report on Tuesday, February 10th. Arete Research raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 price objective on the stock in a research note on Monday, December 1st. Weiss Ratings reiterated a “sell (d)” rating on shares of Take-Two Interactive Software in a research report on Wednesday, January 21st. Finally, B. Riley Financial assumed coverage on shares of Take-Two Interactive Software in a research note on Wednesday, December 10th. They set a “buy” rating and a $300.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $284.44.

Take-Two Interactive Software Stock Performance

TTWO opened at $208.58 on Friday. Take-Two Interactive Software, Inc. has a 1-year low of $188.56 and a 1-year high of $264.79. The company has a market cap of $38.62 billion, a price-to-earnings ratio of -9.32, a PEG ratio of 8.57 and a beta of 0.94. The company’s fifty day moving average price is $221.35 and its two-hundred day moving average price is $238.87. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.71.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.