Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Acquired by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lifted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 218.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 482,013 shares of the company’s stock after buying an additional 330,647 shares during the quarter. Assenagon Asset Management S.A. owned approximately 0.27% of Take-Two Interactive Software worth $99,897,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Wealthfront Advisers LLC raised its stake in shares of Take-Two Interactive Software by 1,630,798.7% during the 4th quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock worth $26,223,853,000 after buying an additional 142,450,266 shares during the period. Vanguard Group Inc. raised its stake in shares of Take-Two Interactive Software by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company’s stock worth $3,563,690,000 after buying an additional 99,909 shares during the period. Capital International Investors raised its stake in shares of Take-Two Interactive Software by 9.5% during the 4th quarter. Capital International Investors now owns 4,883,746 shares of the company’s stock worth $899,036,000 after buying an additional 424,893 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Take-Two Interactive Software by 0.3% during the 4th quarter. Ameriprise Financial Inc. now owns 4,770,044 shares of the company’s stock worth $878,567,000 after buying an additional 13,555 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Take-Two Interactive Software by 6.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,527,759 shares of the company’s stock worth $833,470,000 after buying an additional 287,194 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, President Karl Slatoff sold 216,661 shares of the business’s stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $225.75, for a total value of $48,911,220.75. Following the completion of the sale, the president now owns 1,206,427 shares in the company, valued at approximately $272,350,895.25. The trade was a 15.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Daniel P. Emerson sold 27,056 shares of the business’s stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $225.22, for a total value of $6,093,552.32. Following the completion of the sale, the insider now owns 152,271 shares of the company’s stock, valued at approximately $34,294,474.62. This represents a 15.09% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 460,378 shares of company stock valued at $103,915,994 in the last three months. 1.45% of the stock is owned by corporate insiders.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $234.91 on Wednesday. The company has a market cap of $41.68 billion, a P/E ratio of -11.01, a P/E/G ratio of 6.83 and a beta of 1.03. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a 50-day moving average of $221.56 and a two-hundred day moving average of $204.81. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $240.78.

Analysts Set New Price Targets

Several brokerages have recently weighed in on TTWO. Robert W. Baird upped their target price on Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an “outperform” rating in a research note on Friday, May 16th. JPMorgan Chase & Co. raised their price objective on Take-Two Interactive Software from $225.00 to $250.00 and gave the company an “overweight” rating in a report on Friday, May 16th. DA Davidson raised their price objective on Take-Two Interactive Software from $250.00 to $270.00 and gave the company a “buy” rating in a report on Friday, May 16th. Wedbush restated an “outperform” rating and issued a $269.00 price objective (up previously from $253.00) on shares of Take-Two Interactive Software in a report on Friday, May 16th. Finally, Ascendiant Capital Markets raised their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a report on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $228.10.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.