Vise Technologies Inc. bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,213 shares of the company’s stock, valued at approximately $537,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of TTWO. Nuveen LLC purchased a new position in shares of Take-Two Interactive Software during the first quarter valued at approximately $288,410,000. Price T Rowe Associates Inc. MD boosted its holdings in Take-Two Interactive Software by 425.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company’s stock valued at $296,640,000 after acquiring an additional 1,158,783 shares in the last quarter. Contour Asset Management LLC bought a new stake in Take-Two Interactive Software in the first quarter valued at $180,701,000. Assenagon Asset Management S.A. increased its position in Take-Two Interactive Software by 107.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 1,001,531 shares of the company’s stock valued at $243,222,000 after purchasing an additional 519,518 shares during the period. Finally, Vanguard Group Inc. raised its holdings in Take-Two Interactive Software by 2.6% in the 1st quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company’s stock worth $4,117,123,000 after purchasing an additional 506,026 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.
Take-Two Interactive Software Price Performance
Shares of NASDAQ:TTWO opened at $235.03 on Friday. The business has a fifty day moving average price of $251.73 and a 200-day moving average price of $238.88. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. The company has a market capitalization of $43.43 billion, a PE ratio of -9.82, a PEG ratio of 5.10 and a beta of 1.00. Take-Two Interactive Software, Inc. has a 1-year low of $176.68 and a 1-year high of $264.79.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on TTWO shares. Arete downgraded shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and set a $280.00 price target for the company. in a research note on Thursday, October 23rd. DA Davidson raised their target price on Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Raymond James Financial lifted their price target on Take-Two Interactive Software from $250.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. Zacks Research upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the company an “overweight” rating in a report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus target price of $259.45.
Check Out Our Latest Report on TTWO
Insider Activity at Take-Two Interactive Software
In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 22,479 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $5,113,298.13. Following the sale, the insider directly owned 129,792 shares in the company, valued at approximately $29,523,786.24. This trade represents a 14.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,325 shares of Take-Two Interactive Software stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total value of $528,867.75. Following the completion of the sale, the director directly owned 9,063 shares of the company’s stock, valued at approximately $2,061,560.61. The trade was a 20.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 140,822 shares of company stock valued at $32,309,514 over the last ninety days. Corporate insiders own 1.34% of the company’s stock.
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.
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