Take-Two Interactive Software, Inc. $TTWO Shares Bought by Cornerstone Investment Partners LLC

Cornerstone Investment Partners LLC grew its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 10.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 349,620 shares of the company’s stock after purchasing an additional 32,912 shares during the quarter. Take-Two Interactive Software comprises approximately 3.8% of Cornerstone Investment Partners LLC’s portfolio, making the stock its 9th largest holding. Cornerstone Investment Partners LLC owned approximately 0.19% of Take-Two Interactive Software worth $90,328,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Blue Trust Inc. lifted its position in Take-Two Interactive Software by 101.9% during the second quarter. Blue Trust Inc. now owns 105 shares of the company’s stock worth $26,000 after buying an additional 53 shares in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Take-Two Interactive Software in the 3rd quarter worth $26,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Take-Two Interactive Software during the 2nd quarter worth $27,000. Pinnacle Bancorp Inc. acquired a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at about $29,000. Finally, LGT Financial Advisors LLC purchased a new stake in shares of Take-Two Interactive Software in the second quarter valued at about $34,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $203.89 on Thursday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market cap of $37.76 billion, a P/E ratio of -9.11, a P/E/G ratio of 11.25 and a beta of 0.92. The stock has a 50-day moving average of $240.40 and a two-hundred day moving average of $242.28. Take-Two Interactive Software, Inc. has a 1-year low of $188.56 and a 1-year high of $264.79.

Analysts Set New Price Targets

A number of equities analysts have commented on TTWO shares. Wall Street Zen downgraded shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research note on Sunday, November 2nd. TD Cowen reiterated a “buy” rating on shares of Take-Two Interactive Software in a report on Tuesday, November 25th. Wells Fargo & Company raised their target price on Take-Two Interactive Software from $288.00 to $301.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Zacks Research upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 14th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Take-Two Interactive Software in a report on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $283.94.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Ellen F. Siminoff sold 414 shares of the stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $245.48, for a total transaction of $101,628.72. Following the sale, the director directly owned 2,429 shares in the company, valued at $596,270.92. This represents a 14.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Michael Sheresky sold 182 shares of the business’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $235.11, for a total transaction of $42,790.02. Following the completion of the transaction, the director owned 65,781 shares of the company’s stock, valued at approximately $15,465,770.91. This trade represents a 0.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,010 shares of company stock worth $242,102. 1.34% of the stock is owned by insiders.

About Take-Two Interactive Software

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.