China Universal Asset Management Co. Ltd. Boosts Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

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

A number of other large investors have also added to or reduced their stakes in the business. Park Square Financial Group LLC bought a new stake in shares of Take-Two Interactive Software during the 4th quarter worth $28,000. Assetmark Inc. increased its position in shares of Take-Two Interactive Software by 155.9% during the fourth quarter. Assetmark Inc. now owns 174 shares of the company's stock valued at $32,000 after buying an additional 106 shares during the period. North Capital Inc. bought a new stake in shares of Take-Two Interactive Software during the first quarter valued at about $35,000. Itau Unibanco Holding S.A. grew its holdings in shares of 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 in the last quarter. Finally, Global Financial Private Client LLC grew its holdings in shares of 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 in the last quarter. Institutional investors own 95.46% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on TTWO shares. Benchmark upped their target price on Take-Two Interactive Software from $225.00 to $250.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Morgan Stanley upped their target price on 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. Robert W. Baird upped their target price on Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. DA Davidson upped their target price on Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Finally, JPMorgan Chase & Co. boosted their price objective on Take-Two Interactive Software from $225.00 to $250.00 and gave the company an "overweight" rating in a research report on Friday, May 16th. One analyst has rated the stock with a sell rating, one has issued a hold rating, nineteen have issued a buy rating and two have issued 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.

Take-Two Interactive Software Stock Down 2.1%

Shares of NASDAQ:TTWO traded down $4.99 on Thursday, hitting $237.24. 796,779 shares of the company traded hands, compared to its average volume of 1,786,407. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $245.08. 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 stock has a 50 day simple moving average of $233.15 and a 200-day simple moving average of $212.30. The company has a market cap of $42.09 billion, a PE ratio of -9.34, a PEG ratio of 6.26 and a beta of 1.03.

Insider Transactions at Take-Two Interactive Software

In related news, CEO Strauss Zelnick sold 216,661 shares of the firm'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 sale, the chief executive officer owned 1,206,427 shares in the company, valued at approximately $272,350,895.25. This trade represents a 15.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Daniel P. Emerson sold 27,056 shares of the firm's stock in a transaction dated 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 transaction, the insider directly owned 152,271 shares in the company, valued at $34,294,474.62. The trade was a 15.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 460,378 shares of company stock worth $103,915,994 over the last three months. 1.45% of the stock is currently owned by company insiders.

About Take-Two Interactive Software

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.