Take-Two Interactive Software, Inc. $TTWO Position Increased by Ninety One SA Pty Ltd

Ninety One SA Pty Ltd boosted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 81.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 73,186 shares of the company’s stock after purchasing an additional 32,788 shares during the period. Take-Two Interactive Software comprises 0.8% of Ninety One SA Pty Ltd’s holdings, making the stock its 17th largest holding. Ninety One SA Pty Ltd’s holdings in Take-Two Interactive Software were worth $18,738,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Private Trust Co. NA lifted its holdings in shares of Take-Two Interactive Software by 27.1% during the 3rd quarter. Private Trust Co. NA now owns 183 shares of the company’s stock valued at $47,000 after buying an additional 39 shares during the last quarter. Miracle Mile Advisors LLC increased its holdings in Take-Two Interactive Software by 0.5% in the third quarter. Miracle Mile Advisors LLC now owns 7,727 shares of the company’s stock worth $1,996,000 after buying an additional 39 shares during the last quarter. Mather Group LLC. increased its holdings in Take-Two Interactive Software by 2.7% in the third quarter. Mather Group LLC. now owns 1,484 shares of the company’s stock worth $383,000 after buying an additional 39 shares during the last quarter. Blue Trust Inc. raised its position in Take-Two Interactive Software by 42.9% during the third quarter. Blue Trust Inc. now owns 150 shares of the company’s stock valued at $39,000 after acquiring an additional 45 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in Take-Two Interactive Software by 30.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 195 shares of the company’s stock valued at $50,000 after acquiring an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on TTWO shares. Wells Fargo & Company decreased their target price on shares of Take-Two Interactive Software from $295.00 to $293.00 and set an “overweight” rating for the company in a research report on Monday, April 6th. Zacks Research downgraded shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 12th. DA Davidson reaffirmed a “buy” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, February 4th. Wedbush reiterated an “outperform” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a report on Tuesday, March 3rd. Finally, UBS Group increased their target price on shares of Take-Two Interactive Software from $292.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $284.31.

Insider Buying and Selling at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 810 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $213.47, for a total transaction of $172,910.70. Following the completion of the sale, the insider directly owned 124,191 shares of the company’s stock, valued at approximately $26,511,052.77. This represents a 0.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael Dornemann sold 1,390 shares of the firm’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $213.09, for a total transaction of $296,195.10. Following the completion of the transaction, the director owned 21,525 shares in the company, valued at $4,586,762.25. The trade was a 6.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 65,292 shares of company stock worth $13,978,938 in the last quarter. 1.34% of the stock is owned by corporate insiders.

Take-Two Interactive Software Trading Down 0.9%

Shares of TTWO stock opened at $212.04 on Friday. Take-Two Interactive Software, Inc. has a 12 month low of $187.63 and a 12 month high of $264.79. 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 business’s 50 day moving average is $203.29 and its two-hundred day moving average is $231.27. The company has a market cap of $39.27 billion, a PE ratio of -9.47, a price-to-earnings-growth ratio of 3.19 and a beta of 0.96.

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.