Asset Management One Co. Ltd. Has $14.85 Million Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Asset Management One Co. Ltd. boosted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 8.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 71,673 shares of the company's stock after purchasing an additional 5,576 shares during the period. Asset Management One Co. Ltd.'s holdings in Take-Two Interactive Software were worth $14,854,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Park Square Financial Group LLC bought a new position in Take-Two Interactive Software during the fourth quarter worth about $28,000. Assetmark Inc. lifted its stake in Take-Two Interactive Software by 155.9% during the fourth quarter. Assetmark Inc. now owns 174 shares of the company's stock worth $32,000 after purchasing an additional 106 shares during the period. Global Financial Private Client LLC lifted its stake in Take-Two Interactive Software by 50.0% during the first quarter. Global Financial Private Client LLC now owns 237 shares of the company's stock worth $49,000 after purchasing an additional 79 shares during the period. Itau Unibanco Holding S.A. lifted its stake in Take-Two Interactive Software by 41.4% during the fourth quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company's stock worth $45,000 after purchasing an additional 72 shares during the period. Finally, NBC Securities Inc. bought a new position in Take-Two Interactive Software during the first quarter worth about $55,000. Institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Trading Up 0.9%

TTWO stock traded up $2.11 during trading on Friday, hitting $241.44. The company had a trading volume of 4,576,616 shares, compared to its average volume of 1,773,468. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.18. The firm has a 50-day moving average price of $229.31 and a 200-day moving average price of $208.84. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $245.08. The stock has a market cap of $42.84 billion, a price-to-earnings ratio of -9.51, a PEG ratio of 6.29 and a beta of 1.03.

Insider Buying and Selling

In related news, President Karl Slatoff sold 216,661 shares of the business's stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $225.75, for a total value of $48,911,220.75. Following the completion of the transaction, the president now owns 1,206,427 shares in the company, valued at $272,350,895.25. The trade was a 15.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Daniel P. Emerson sold 27,056 shares of the business's stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $225.22, for a total transaction of $6,093,552.32. Following the completion of the transaction, the insider now owns 152,271 shares of the company's stock, valued at $34,294,474.62. This trade represents a 15.09% decrease in their position. The disclosure for this sale can be found here. Insiders sold 460,378 shares of company stock worth $103,915,994 in the last quarter. Insiders own 1.45% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Morgan Stanley raised their price target on shares of Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an "overweight" rating in a research note on Monday, May 19th. UBS Group raised their price target on shares of Take-Two Interactive Software from $230.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Ascendiant Capital Markets lifted their target price on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a "buy" rating in a research note on Monday, March 3rd. Robert W. Baird lifted their target price on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the company an "overweight" rating in a research note on Friday, May 16th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $228.10.

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.