Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Acquired by China Universal Asset Management Co. Ltd.

China Universal Asset Management Co. Ltd. increased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 52.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,359 shares of the company's stock after purchasing an additional 1,501 shares during the quarter. China Universal Asset Management Co. Ltd.'s holdings in Take-Two Interactive Software were worth $903,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Park Square Financial Group LLC purchased a new stake in Take-Two Interactive Software during the 4th quarter worth about $28,000. Assetmark Inc. lifted its holdings in Take-Two Interactive Software by 155.9% during the 4th quarter. Assetmark Inc. now owns 174 shares of the company's stock worth $32,000 after buying an additional 106 shares during the last quarter. North Capital Inc. purchased a new stake in Take-Two Interactive Software during the 1st quarter worth about $35,000. Itau Unibanco Holding S.A. lifted its holdings in shares of Take-Two Interactive Software by 41.4% in the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company's stock valued at $45,000 after purchasing an additional 72 shares during the last quarter. Finally, Global Financial Private Client LLC lifted its holdings in shares of Take-Two Interactive Software by 50.0% in the 1st quarter. Global Financial Private Client LLC now owns 237 shares of the company's stock valued at $49,000 after purchasing an additional 79 shares during the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Trading Up 0.7%

Shares of TTWO traded up $1.67 during trading hours on Wednesday, hitting $242.23. The stock had a trading volume of 1,369,425 shares, compared to its average volume of 1,788,144. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.78 and a current ratio of 0.78. The firm has a market cap of $42.98 billion, a P/E ratio of -9.54, a P/E/G ratio of 6.31 and a beta of 1.03. The company's fifty day simple moving average is $232.97 and its 200 day simple moving average is $212.09. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $245.08.

Analyst Ratings Changes

Several research firms have recently weighed in on TTWO. Wall Street Zen downgraded Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. Benchmark boosted their target price on Take-Two Interactive Software from $225.00 to $250.00 and gave the company a "buy" rating in a report on Friday, May 16th. Raymond James Financial reissued an "outperform" rating and issued a $250.00 target price (up from $240.00) on shares of Take-Two Interactive Software in a report on Friday, May 16th. Morgan Stanley boosted their target price on Take-Two Interactive Software from $210.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, May 19th. Finally, UBS Group boosted their price target on Take-Two Interactive Software from $230.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, May 16th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and an average target price of $228.10.

Insider Activity at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 27,056 shares of the stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $225.22, for a total value of $6,093,552.32. Following the completion of the sale, the insider directly owned 152,271 shares in the company, valued at approximately $34,294,474.62. This represents a 15.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Karl Slatoff sold 216,661 shares of the stock in a transaction 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 sale, the president owned 1,206,427 shares of the company's stock, valued at approximately $272,350,895.25. This represents a 15.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 460,378 shares of company stock worth $103,915,994. Corporate insiders own 1.45% 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.