BNP Paribas Acquires 3,371 Shares of Take-Two Interactive Software, Inc. $TTWO

BNP Paribas lifted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 5,526.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,432 shares of the company’s stock after purchasing an additional 3,371 shares during the quarter. BNP Paribas’ holdings in Take-Two Interactive Software were worth $887,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Private Trust Co. NA raised its holdings in Take-Two Interactive Software by 27.1% during the 3rd quarter. Private Trust Co. NA now owns 183 shares of the company’s stock worth $47,000 after buying an additional 39 shares during the period. Miracle Mile Advisors LLC lifted its stake in Take-Two Interactive Software by 0.5% in the third quarter. Miracle Mile Advisors LLC now owns 7,727 shares of the company’s stock valued at $1,996,000 after buying an additional 39 shares in the last quarter. Mather Group LLC. boosted its holdings in shares of Take-Two Interactive Software by 2.7% in the third quarter. Mather Group LLC. now owns 1,484 shares of the company’s stock valued at $383,000 after buying an additional 39 shares during the period. Blue Trust Inc. boosted its holdings in shares of Take-Two Interactive Software by 42.9% in the third quarter. Blue Trust Inc. now owns 150 shares of the company’s stock valued at $39,000 after buying an additional 45 shares during the period. Finally, Compagnie Lombard Odier SCmA increased its position in shares of Take-Two Interactive Software by 28.0% during the third quarter. Compagnie Lombard Odier SCmA now owns 210 shares of the company’s stock worth $54,000 after acquiring an additional 46 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $208.58 on Monday. Take-Two Interactive Software, Inc. has a 12 month low of $188.56 and a 12 month high of $264.79. The firm has a fifty day simple moving average of $221.35 and a 200 day simple moving average of $238.97. The stock has a market capitalization of $38.62 billion, a price-to-earnings ratio of -9.32, a PEG ratio of 8.54 and a beta of 0.94. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.71.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on TTWO shares. Weiss Ratings restated a “sell (d)” rating on shares of Take-Two Interactive Software in a report on Wednesday, January 21st. Raymond James Financial raised shares of Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 target price for the company in a research note on Tuesday, February 10th. Morgan Stanley increased their target price on Take-Two Interactive Software from $275.00 to $280.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Wedbush reissued an “outperform” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research note on Tuesday, March 3rd. Finally, B. Riley Financial assumed coverage on Take-Two Interactive Software in a report on Wednesday, December 10th. They issued a “buy” rating and a $300.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $284.44.

Insider Transactions at Take-Two Interactive Software

In other news, Director Ellen F. Siminoff sold 413 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $200.00, for a total value of $82,600.00. Following the completion of the transaction, the director owned 2,286 shares in the company, valued at $457,200. This trade represents a 15.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael Sheresky sold 155 shares of Take-Two Interactive Software stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $194.73, for a total value of $30,183.15. Following the completion of the sale, the director directly owned 65,626 shares in the company, valued at approximately $12,779,350.98. This represents a 0.24% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 64,880 shares of company stock worth $13,908,337. 1.34% of the stock is owned by insiders.

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.