Chilton Investment Co. Inc. Makes New $781,000 Investment in Take-Two Interactive Software, Inc. $TTWO

Chilton Investment Co. Inc. bought a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,023 shares of the company’s stock, valued at approximately $781,000.

Several other large investors have also modified their holdings of the stock. Norges Bank acquired a new stake in shares of Take-Two Interactive Software during the second quarter worth $731,047,000. Vanguard Group Inc. grew its position in Take-Two Interactive Software by 4.5% in the 3rd quarter. Vanguard Group Inc. now owns 21,701,533 shares of the company’s stock valued at $5,606,808,000 after buying an additional 932,659 shares during the last quarter. Invesco Ltd. increased its stake in Take-Two Interactive Software by 17.3% in the 2nd quarter. Invesco Ltd. now owns 3,490,676 shares of the company’s stock valued at $847,711,000 after buying an additional 515,484 shares during the period. Amundi increased its stake in Take-Two Interactive Software by 46.4% in the 3rd quarter. Amundi now owns 1,333,469 shares of the company’s stock valued at $342,675,000 after buying an additional 422,510 shares during the period. Finally, Voya Investment Management LLC raised its position in Take-Two Interactive Software by 39.8% during the 3rd quarter. Voya Investment Management LLC now owns 1,439,664 shares of the company’s stock worth $371,558,000 after buying an additional 410,097 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on TTWO. Benchmark restated a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, February 2nd. 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. Zacks Research cut shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 12th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Take-Two Interactive Software in a report on Wednesday, January 21st. Finally, Wells Fargo & Company lowered their price objective on Take-Two Interactive Software from $301.00 to $295.00 and set an “overweight” rating on the stock in a report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $284.44.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $208.58 on Monday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.14 and a current ratio of 1.14. Take-Two Interactive Software, Inc. has a one year low of $188.56 and a one year high of $264.79. The firm has a market capitalization of $38.62 billion, a P/E ratio of -9.32, a PEG ratio of 8.54 and a beta of 0.94. The company’s fifty day moving average is $221.35 and its two-hundred day moving average is $238.97.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Dornemann sold 1,390 shares of the company’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $213.09, for a total transaction of $296,195.10. Following the transaction, the director directly owned 21,525 shares in the company, valued at approximately $4,586,762.25. This represents a 6.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Strauss Zelnick sold 7,946 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $214.16, for a total transaction of $1,701,715.36. Following the completion of the transaction, the chief executive officer directly owned 170,756 shares of the company’s stock, valued at approximately $36,569,104.96. This trade represents a 4.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 64,880 shares of company stock valued at $13,908,337. 1.34% of the stock is owned by company 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.