Czech National Bank Boosts Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Czech National Bank boosted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 6.5% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 37,700 shares of the company's stock after buying an additional 2,286 shares during the quarter. Czech National Bank's holdings in Take-Two Interactive Software were worth $7,813,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. First Horizon Advisors Inc. increased its stake in shares of Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock worth $51,000 after purchasing an additional 54 shares during the last quarter. Principal Securities Inc. increased its position in Take-Two Interactive Software by 6.0% in the fourth quarter. Principal Securities Inc. now owns 1,024 shares of the company's stock worth $189,000 after buying an additional 58 shares during the last quarter. State of Wyoming raised its stake in shares of Take-Two Interactive Software by 13.0% in the fourth quarter. State of Wyoming now owns 522 shares of the company's stock valued at $96,000 after buying an additional 60 shares during the period. Y.D. More Investments Ltd lifted its position in shares of Take-Two Interactive Software by 2.0% during the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company's stock valued at $563,000 after buying an additional 61 shares during the last quarter. Finally, Itau Unibanco Holding S.A. lifted its position in shares of Take-Two Interactive Software by 41.4% during the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company's stock valued at $45,000 after buying an additional 72 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Price Performance

Shares of TTWO traded up $1.85 during trading hours on Thursday, reaching $231.03. 2,331,823 shares of the company's stock traded hands, compared to its average volume of 2,078,735. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $240.78. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The stock has a market cap of $40.99 billion, a PE ratio of -10.83, a price-to-earnings-growth ratio of 6.83 and a beta of 1.08. The firm's 50 day simple moving average is $219.67 and its 200-day simple moving average is $203.37.

Insider Activity at Take-Two Interactive Software

In other news, CEO Strauss Zelnick 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 transaction, the chief executive officer now owns 1,206,427 shares of the company's stock, valued at $272,350,895.25. This represents a 15.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Daniel P. Emerson sold 27,056 shares of Take-Two Interactive Software stock in a transaction 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 sale, the insider now directly owns 152,271 shares of the company's stock, valued at $34,294,474.62. This represents a 15.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 460,378 shares of company stock valued at $103,915,994 over the last three months. 1.45% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have commented on TTWO. Morgan Stanley upped their price objective on shares of Take-Two Interactive Software from $210.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, May 19th. Moffett Nathanson boosted their price target on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a research report on Friday, February 7th. BMO Capital Markets restated an "outperform" rating and set a $236.00 price target (down from $240.00) on shares of Take-Two Interactive Software in a research note on Monday, May 5th. Wedbush reiterated an "outperform" rating and issued a $269.00 price objective (up from $253.00) on shares of Take-Two Interactive Software in a research note on Friday, May 16th. Finally, JPMorgan Chase & Co. increased their target price on Take-Two Interactive Software from $225.00 to $250.00 and gave the stock an "overweight" rating in a research report on Friday, May 16th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently 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.