National Pension Service Grows Stock Position in Take-Two Interactive Software, Inc. $TTWO

National Pension Service raised its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) by 6.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 263,517 shares of the company’s stock after buying an additional 15,869 shares during the period. National Pension Service owned about 0.14% of Take-Two Interactive Software worth $67,468,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. GHP Investment Advisors Inc. purchased a new position in shares of Take-Two Interactive Software in the 4th quarter valued at about $28,000. Rachor Investment Advisory Services LLC purchased a new position in shares of Take-Two Interactive Software in the 4th quarter valued at about $34,000. True Wealth Design LLC increased its stake in shares of Take-Two Interactive Software by 91.9% in the 4th quarter. True Wealth Design LLC now owns 142 shares of the company’s stock valued at $36,000 after purchasing an additional 68 shares in the last quarter. AlphaQuest LLC purchased a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at about $41,000. Finally, Morse Asset Management Inc increased its stake in shares of Take-Two Interactive Software by 117.3% in the 4th quarter. Morse Asset Management Inc now owns 163 shares of the company’s stock valued at $42,000 after purchasing an additional 88 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Up 2.9%

TTWO stock opened at $224.16 on Friday. The company has a current ratio of 1.24, a quick ratio of 1.14 and a debt-to-equity ratio of 0.71. Take-Two Interactive Software, Inc. has a 12-month low of $187.63 and a 12-month high of $264.79. The stock has a market cap of $41.62 billion, a price-to-earnings ratio of -138.37, a PEG ratio of 3.42 and a beta of 0.97. The business’s 50-day moving average is $213.37 and its 200 day moving average is $224.90.

Insider Transactions at Take-Two Interactive Software

In related news, Director Ellen F. Siminoff sold 413 shares of Take-Two Interactive Software stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $207.66, for a total value of $85,763.58. Following the sale, the director directly owned 2,000 shares in the company, valued at approximately $415,320. The trade was a 17.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Strauss Zelnick sold 70,000 shares of Take-Two Interactive Software stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $222.20, for a total value of $15,554,000.00. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 133,026 shares of company stock valued at $29,057,428. 1.34% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on TTWO shares. Benchmark restated a “buy” rating on shares of Take-Two Interactive Software in a research note on Friday, May 22nd. BMO Capital Markets restated an “outperform” rating on shares of Take-Two Interactive Software in a research note on Friday, May 22nd. Wells Fargo & Company cut their price target on Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating for the company in a research note on Friday, May 22nd. DA Davidson restated a “buy” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research note on Wednesday, February 4th. Finally, Zacks Research lowered Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $287.53.

View Our Latest Stock Report on Take-Two Interactive Software

About Take-Two Interactive Software

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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