Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Purchased by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 3.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 192,139 shares of the company's stock after acquiring an additional 7,125 shares during the quarter. TimesSquare Capital Management LLC owned approximately 0.11% of Take-Two Interactive Software worth $39,821,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Assetmark Inc. raised its stake in Take-Two Interactive Software by 155.9% in the 4th quarter. Assetmark Inc. now owns 174 shares of the company's stock valued at $32,000 after purchasing an additional 106 shares during the last quarter. Independent Advisor Alliance raised its position in shares of Take-Two Interactive Software by 10.8% in the fourth quarter. Independent Advisor Alliance now owns 5,692 shares of the company's stock valued at $1,048,000 after buying an additional 555 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of Take-Two Interactive Software by 15.7% in the fourth quarter. Farther Finance Advisors LLC now owns 553 shares of the company's stock valued at $102,000 after buying an additional 75 shares during the last quarter. Avantax Advisory Services Inc. lifted its stake in shares of Take-Two Interactive Software by 2.5% during the fourth quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company's stock valued at $542,000 after buying an additional 73 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in Take-Two Interactive Software by 3.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 7,612 shares of the company's stock worth $1,401,000 after acquiring an additional 253 shares during the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Up 1.9%

Shares of TTWO stock traded up $4.54 during trading hours on Monday, reaching $238.46. The company had a trading volume of 1,339,907 shares, compared to its average volume of 2,051,411. The company has a market capitalization of $42.31 billion, a P/E ratio of -9.39, a price-to-earnings-growth ratio of 6.09 and a beta of 1.03. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.78 and a current ratio of 0.78. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $245.07. The stock's fifty day simple moving average is $233.44 and its 200 day simple moving average is $213.37.

Analyst Upgrades and Downgrades

TTWO has been the topic of a number of recent analyst reports. Wedbush upgraded Take-Two Interactive Software to a "strong-buy" rating in a report on Tuesday, July 1st. DA Davidson increased their target price on Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. BMO Capital Markets restated an "outperform" rating and issued a $236.00 price target (down previously from $240.00) on shares of Take-Two Interactive Software in a report on Monday, May 5th. Raymond James Financial reaffirmed an "outperform" rating and set a $250.00 price objective (up previously from $240.00) on shares of Take-Two Interactive Software in a research note on Friday, May 16th. Finally, UBS Group raised their target price on shares of Take-Two Interactive Software from $230.00 to $275.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $230.25.

Insiders Place Their Bets

In other news, President Karl Slatoff sold 216,661 shares of Take-Two Interactive Software stock in a transaction that occurred 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 sale, the president owned 1,206,427 shares in the company, valued at $272,350,895.25. This trade represents a 15.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Daniel P. Emerson sold 27,056 shares of the business's 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 transaction, the insider directly owned 152,271 shares in the company, valued at approximately $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 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.