Vanguard Group Inc. Increases Stock Holdings in Take-Two Interactive Software, Inc. $TTWO

Vanguard Group Inc. increased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,701,533 shares of the company’s stock after acquiring an additional 932,659 shares during the quarter. Vanguard Group Inc. owned about 11.76% of Take-Two Interactive Software worth $5,606,808,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. AGF Management Ltd. lifted its holdings in shares of Take-Two Interactive Software by 33.1% during the 3rd quarter. AGF Management Ltd. now owns 72,828 shares of the company’s stock worth $18,816,000 after acquiring an additional 18,119 shares during the last quarter. Bank of New York Mellon Corp raised its position in Take-Two Interactive Software by 1.9% during the third quarter. Bank of New York Mellon Corp now owns 1,024,509 shares of the company’s stock valued at $264,692,000 after purchasing an additional 18,959 shares in the last quarter. Rakuten Investment Management Inc. bought a new stake in Take-Two Interactive Software during the third quarter worth about $10,948,000. Swiss National Bank boosted its holdings in shares of Take-Two Interactive Software by 7.9% in the 2nd quarter. Swiss National Bank now owns 534,308 shares of the company’s stock worth $129,757,000 after purchasing an additional 38,900 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Take-Two Interactive Software during the 2nd quarter valued at about $731,047,000. Institutional investors own 95.46% of the company’s stock.

Insider Activity at Take-Two Interactive Software

In other news, Director Ellen F. Siminoff sold 414 shares of the stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $245.48, for a total transaction of $101,628.72. Following the completion of the sale, the director directly owned 2,429 shares in the company, valued at approximately $596,270.92. This represents a 14.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Trading Up 0.1%

NASDAQ:TTWO opened at $193.87 on Wednesday. The firm has a market capitalization of $35.90 billion, a P/E ratio of -8.66, a P/E/G ratio of 10.34 and a beta of 0.92. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.71. The company has a fifty day moving average of $236.01 and a 200 day moving average of $241.55. Take-Two Interactive Software, Inc. has a 52 week low of $188.56 and a 52 week high of $264.79.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. BMO Capital Markets boosted their target price on Take-Two Interactive Software from $252.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Benchmark restated a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, February 2nd. UBS Group upped their price objective on shares of Take-Two Interactive Software from $292.00 to $300.00 and gave the company a “buy” rating in a research note 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 target price on the stock in a research report on Tuesday, February 10th. Finally, Morgan Stanley boosted their price target on shares of Take-Two Interactive Software from $275.00 to $280.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and a consensus target price of $283.94.

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.