UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 417,325 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 10.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 4,240,565 shares of the company’s stock after acquiring an additional 417,325 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Take-Two Interactive Software were worth $651,817,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Hartford Investment Management Co. boosted its stake in shares of Take-Two Interactive Software by 0.7% in the 3rd quarter. Hartford Investment Management Co. now owns 10,255 shares of the company’s stock valued at $1,576,000 after purchasing an additional 74 shares in the last quarter. Huntington National Bank boosted its position in Take-Two Interactive Software by 9.3% during the 3rd quarter. Huntington National Bank now owns 896 shares of the company’s stock worth $138,000 after buying an additional 76 shares during the period. Chicago Capital LLC boosted its position in Take-Two Interactive Software by 2.9% during the 3rd quarter. Chicago Capital LLC now owns 2,983 shares of the company’s stock worth $459,000 after buying an additional 85 shares during the period. Studio Investment Management LLC lifted its position in shares of Take-Two Interactive Software by 3.9% in the 3rd quarter. Studio Investment Management LLC now owns 2,303 shares of the company’s stock worth $354,000 after purchasing an additional 86 shares during the period. Finally, Massmutual Trust Co. FSB ADV lifted its position in shares of Take-Two Interactive Software by 15.3% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 685 shares of the company’s stock worth $107,000 after purchasing an additional 91 shares during the period. 95.46% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of the transaction, the director now owns 9,692 shares in the company, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.45% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have recently issued reports on TTWO shares. Redburn Atlantic started coverage on shares of Take-Two Interactive Software in a research report on Thursday, August 29th. They issued a “buy” rating and a $194.00 price target on the stock. HSBC upgraded shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price objective for the company in a research note on Monday, August 12th. Roth Mkm lifted their price objective on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. JPMorgan Chase & Co. lowered their price objective on shares of Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating for the company in a research note on Tuesday, October 22nd. Finally, Wedbush reiterated an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Thursday, November 7th. Two research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average target price of $191.75.

Take-Two Interactive Software Trading Down 1.2 %

Shares of TTWO stock opened at $185.56 on Thursday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market capitalization of $32.59 billion, a price-to-earnings ratio of -8.77, a PEG ratio of 5.65 and a beta of 0.85. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $190.43. The company has a 50-day simple moving average of $163.59 and a two-hundred day simple moving average of $157.14.

Take-Two Interactive Software Profile

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.