GF Fund Management CO. LTD. Has $9.98 Million Stock Holdings in Take-Two Interactive Software, Inc. $TTWO

GF Fund Management CO. LTD. raised its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 7.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 38,976 shares of the company’s stock after purchasing an additional 2,694 shares during the quarter. GF Fund Management CO. LTD.’s holdings in Take-Two Interactive Software were worth $9,979,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in shares of Take-Two Interactive Software by 4.5% during the 3rd quarter. Vanguard Group Inc. now owns 21,701,533 shares of the company’s stock valued at $5,606,808,000 after acquiring an additional 932,659 shares in the last quarter. State Street Corp boosted its holdings in shares of Take-Two Interactive Software by 4.1% during the 3rd quarter. State Street Corp now owns 11,012,647 shares of the company’s stock valued at $2,845,084,000 after acquiring an additional 429,083 shares in the last quarter. Ninety One UK Ltd boosted its holdings in shares of Take-Two Interactive Software by 2.8% during the 4th quarter. Ninety One UK Ltd now owns 1,926,744 shares of the company’s stock valued at $493,304,000 after acquiring an additional 52,881 shares in the last quarter. Northern Trust Corp boosted its holdings in shares of Take-Two Interactive Software by 1.8% during the 3rd quarter. Northern Trust Corp now owns 1,612,323 shares of the company’s stock valued at $416,560,000 after acquiring an additional 27,862 shares in the last quarter. Finally, Voya Investment Management LLC boosted its holdings in shares of Take-Two Interactive Software by 39.8% during the 3rd quarter. Voya Investment Management LLC now owns 1,439,664 shares of the company’s stock valued at $371,558,000 after acquiring an additional 410,097 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on TTWO. Raymond James Financial raised Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price objective on the stock in a report on Tuesday, February 10th. Zacks Research downgraded Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 12th. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, February 2nd. Wells Fargo & Company cut their price objective on Take-Two Interactive Software from $295.00 to $293.00 and set an “overweight” rating on the stock in a report on Monday, April 6th. Finally, UBS Group raised their price objective on Take-Two Interactive Software from $292.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $284.31.

Insider Activity

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 52,054 shares of Take-Two Interactive Software stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $214.40, for a total transaction of $11,160,377.60. Following the transaction, the chief executive officer directly owned 178,702 shares of the company’s stock, valued at approximately $38,313,708.80. The trade was a 22.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Dornemann sold 1,390 shares of Take-Two Interactive Software stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $213.09, for a total value of $296,195.10. Following the transaction, the director directly 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 SEC filing for this sale provides additional information. In the last three months, insiders sold 65,292 shares of company stock worth $13,978,938. 1.34% of the stock is owned by corporate insiders.

Take-Two Interactive Software Stock Down 0.9%

Shares of TTWO opened at $212.04 on Friday. The company has a market capitalization of $39.27 billion, a PE ratio of -9.47, a PEG ratio of 3.19 and a beta of 0.96. Take-Two Interactive Software, Inc. has a 12 month low of $187.63 and a 12 month high of $264.79. The stock’s 50-day moving average price is $203.29 and its two-hundred day moving average price is $231.27. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.71.

Take-Two Interactive Software 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.