Harel Insurance Investments & Financial Services Ltd. Purchases Shares of 1,184 Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,184 shares of the company's stock, valued at approximately $245,000.

A number of other institutional investors and hedge funds have also made changes to their positions in TTWO. Wealthfront Advisers LLC grew its position in Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock worth $26,223,853,000 after buying an additional 142,450,266 shares during the period. Vanguard Group Inc. grew its holdings in shares of Take-Two Interactive Software by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company's stock worth $3,563,690,000 after acquiring an additional 99,909 shares during the period. Capital International Investors grew its holdings in shares of Take-Two Interactive Software by 9.5% in the 4th quarter. Capital International Investors now owns 4,883,746 shares of the company's stock worth $899,036,000 after acquiring an additional 424,893 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of Take-Two Interactive Software by 0.3% in the 4th quarter. Ameriprise Financial Inc. now owns 4,770,044 shares of the company's stock worth $878,567,000 after acquiring an additional 13,555 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Take-Two Interactive Software by 6.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,527,759 shares of the company's stock valued at $833,470,000 after purchasing an additional 287,194 shares during the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 27,056 shares of Take-Two Interactive Software stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $225.22, for a total value of $6,093,552.32. Following the transaction, the insider owned 152,271 shares in the company, valued at $34,294,474.62. This trade represents a 15.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Karl Slatoff sold 216,661 shares of Take-Two Interactive Software stock in a transaction on Friday, May 30th. The shares were sold at an average price of $225.75, for a total transaction of $48,911,220.75. Following the completion of the transaction, the president owned 1,206,427 shares in the company, valued at approximately $272,350,895.25. This trade represents a 15.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 460,378 shares of company stock worth $103,915,994 in the last quarter. 1.45% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have weighed in on the company. Robert W. Baird upped their target price on Take-Two Interactive Software from $210.00 to $230.00 and gave the company an "outperform" rating in a report on Friday, May 16th. DA Davidson increased their price objective on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the company a "buy" rating in a research note on Friday, May 16th. Wedbush upgraded shares of Take-Two Interactive Software to a "strong-buy" rating in a research report on Tuesday, July 1st. UBS Group increased their price target on shares of 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. Finally, BMO Capital Markets reiterated an "outperform" rating and set a $236.00 target price (down previously from $240.00) on shares of Take-Two Interactive Software in a report on Monday, May 5th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $228.10.

Take-Two Interactive Software Trading Up 0.5%

Shares of TTWO traded up $1.27 during mid-day trading on Friday, hitting $240.78. The company had a trading volume of 1,008,273 shares, compared to its average volume of 1,789,656. The business's 50-day simple moving average is $232.44 and its 200-day simple moving average is $211.26. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.18. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $245.08. The stock has a market cap of $42.72 billion, a PE ratio of -9.48, a P/E/G ratio of 6.25 and a beta of 1.03.

Take-Two Interactive Software Company 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.