Take-Two Interactive Software, Inc. $TTWO Shares Acquired by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA increased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) by 74.8% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 185,189 shares of the company’s stock after acquiring an additional 79,224 shares during the period. Pictet Asset Management Holding SA’s holdings in Take-Two Interactive Software were worth $36,560,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Sterling Capital Management LLC boosted its position in Take-Two Interactive Software by 47.1% during the first quarter. Sterling Capital Management LLC now owns 114,066 shares of the company’s stock worth $22,528,000 after purchasing an additional 36,510 shares in the last quarter. Laurel Oak Wealth Management LLC increased its position in shares of Take-Two Interactive Software by 5.2% in the first quarter. Laurel Oak Wealth Management LLC now owns 3,156 shares of the company’s stock valued at $623,000 after buying an additional 157 shares in the last quarter. VCI Wealth Management LLC acquired a new position in shares of Take-Two Interactive Software during the 1st quarter worth approximately $1,444,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych raised its stake in shares of Take-Two Interactive Software by 86.9% during the 1st quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 10,091 shares of the company’s stock worth $1,993,000 after buying an additional 4,691 shares during the period. Finally, Louisiana State Employees Retirement System purchased a new position in shares of Take-Two Interactive Software during the 1st quarter valued at approximately $4,167,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, President Karl Slatoff sold 40,358 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $216.09, for a total transaction of $8,720,960.22. Following the transaction, the president owned 40,358 shares of the company’s stock, valued at approximately $8,720,960.22. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jon J. Moses sold 500 shares of the company’s stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $244.61, for a total value of $122,305.00. Following the completion of the sale, the director owned 21,868 shares of the company’s stock, valued at approximately $5,349,131.48. The trade was a 2.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 570,015 shares of company stock valued at $128,432,857. 1.34% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on TTWO shares. BMO Capital Markets lifted their price target on shares of Take-Two Interactive Software from $280.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday, June 25th. Wedbush reaffirmed an “outperform” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a report on Tuesday, March 3rd. BTIG Research assumed coverage on shares of Take-Two Interactive Software in a research report on Wednesday, June 24th. They issued a “buy” rating and a $290.00 target price on the stock. DA Davidson reiterated a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research report on Monday, June 15th. Finally, Wells Fargo & Company cut their target price on shares of 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. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $292.71.

Get Our Latest Stock Report on Take-Two Interactive Software

Take-Two Interactive Software Trading Up 1.1%

TTWO opened at $249.98 on Wednesday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.24 and a quick ratio of 1.24. The company’s 50 day simple moving average is $225.39 and its two-hundred day simple moving average is $222.51. Take-Two Interactive Software, Inc. has a 1-year low of $187.63 and a 1-year high of $264.79. The firm has a market capitalization of $46.41 billion, a price-to-earnings ratio of -154.31, a price-to-earnings-growth ratio of 4.89 and a beta of 0.98.

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

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

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