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Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Bought by Robeco Institutional Asset Management B.V.

Take-Two Interactive Software logo with Consumer Discretionary background

Robeco Institutional Asset Management B.V. increased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 1,112.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 366,853 shares of the company's stock after buying an additional 336,598 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.21% of Take-Two Interactive Software worth $76,030,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Perigon Wealth Management LLC raised its position in Take-Two Interactive Software by 15.1% during the first quarter. Perigon Wealth Management LLC now owns 1,256 shares of the company's stock worth $260,000 after acquiring an additional 165 shares during the period. Spire Wealth Management boosted its holdings in Take-Two Interactive Software by 64.8% in the 1st quarter. Spire Wealth Management now owns 272 shares of the company's stock worth $56,000 after buying an additional 107 shares during the last quarter. Wealthquest Corp purchased a new stake in Take-Two Interactive Software during the 1st quarter worth approximately $729,000. Chevy Chase Trust Holdings LLC raised its holdings in shares of Take-Two Interactive Software by 0.4% during the first quarter. Chevy Chase Trust Holdings LLC now owns 86,084 shares of the company's stock valued at $17,841,000 after acquiring an additional 375 shares during the last quarter. Finally, Asset Management One Co. Ltd. raised its holdings in shares of Take-Two Interactive Software by 8.4% during the first quarter. Asset Management One Co. Ltd. now owns 71,673 shares of the company's stock valued at $14,854,000 after acquiring an additional 5,576 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Insider Activity

In other Take-Two Interactive Software news, President Karl Slatoff sold 216,661 shares of the firm's stock in a transaction dated 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 transaction, the president now owns 1,206,427 shares of the company's stock, 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 this hyperlink. Also, insider Daniel P. Emerson sold 27,056 shares of the business's stock in a transaction that occurred 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 of the company's stock, valued at approximately $34,294,474.62. This represents a 15.09% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 460,378 shares of company stock worth $103,915,994. Corporate insiders own 1.45% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on TTWO shares. Benchmark upped their target price on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the stock a "buy" rating in a report on Friday, May 16th. JPMorgan Chase & Co. increased their price objective on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the company an "overweight" rating in a report on Friday, May 16th. DA Davidson upped their price target on Take-Two Interactive Software from $250.00 to $270.00 and gave the company a "buy" rating in a research report on Friday, May 16th. Ascendiant Capital Markets increased their price target on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a "buy" rating in a report on Monday, March 3rd. Finally, Raymond James Financial restated an "outperform" rating and issued a $250.00 target price (up 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 assigned a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $228.10.

View Our Latest Stock Analysis on Take-Two Interactive Software

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $239.33 on Friday. 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 52-week low of $135.24 and a 52-week high of $245.08. The firm has a market cap of $42.46 billion, a PE ratio of -9.43, a price-to-earnings-growth ratio of 6.29 and a beta of 1.03. The company's 50 day moving average is $229.31 and its two-hundred day moving average is $208.84.

Take-Two Interactive Software Profile

(Free Report)

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.

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Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report).

Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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