Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Bought by QRG Capital Management Inc.

QRG Capital Management Inc. lifted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 11.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,614 shares of the company's stock after buying an additional 2,261 shares during the period. QRG Capital Management Inc.'s holdings in Take-Two Interactive Software were worth $4,480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Park Square Financial Group LLC purchased a new position in shares of Take-Two Interactive Software during the fourth quarter worth $28,000. Assetmark Inc. lifted its stake 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 acquiring an additional 106 shares in the last quarter. Itau Unibanco Holding S.A. boosted its holdings in 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 acquiring an additional 72 shares during the period. Global Financial Private Client LLC boosted its holdings in Take-Two Interactive Software by 50.0% during the 1st quarter. Global Financial Private Client LLC now owns 237 shares of the company's stock valued at $49,000 after acquiring an additional 79 shares during the period. Finally, First Horizon Advisors Inc. grew its position in Take-Two Interactive Software by 24.2% in the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock valued at $51,000 after acquiring an additional 54 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on TTWO shares. BMO Capital Markets reiterated an "outperform" rating and issued a $236.00 price objective (down from $240.00) on shares of Take-Two Interactive Software in a research note on Monday, May 5th. Morgan Stanley increased their price target on Take-Two Interactive Software from $210.00 to $265.00 and gave the company an "overweight" rating in a research report on Monday, May 19th. Ascendiant Capital Markets lifted their price objective on 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. Wedbush restated an "outperform" rating and set a $269.00 target price (up from $253.00) on shares of Take-Two Interactive Software in a research note on Friday, May 16th. Finally, Raymond James Financial reaffirmed an "outperform" rating and issued a $250.00 target price (up previously from $240.00) on shares of Take-Two Interactive Software in a report on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and an average price target of $228.10.

Take-Two Interactive Software Stock Up 0.4%

Shares of TTWO traded up $0.98 during mid-day trading on Thursday, reaching $238.50. 2,510,019 shares of the stock traded hands, compared to its average volume of 1,754,895. The stock has a fifty day simple moving average of $225.83 and a 200 day simple moving average of $206.70. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $242.09. 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 market cap of $42.32 billion, a price-to-earnings ratio of -9.39, a P/E/G ratio of 5.79 and a beta of 1.03.

Insider Buying and Selling at Take-Two Interactive Software

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 stock was 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 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 through this hyperlink. Also, insider Daniel P. Emerson sold 27,056 shares of the firm's 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 completion of the sale, the insider now owns 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 a total of 460,378 shares of company stock worth $103,915,994 in the last 90 days. 1.45% of the stock is owned by corporate 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.