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

Argentarii LLC lifted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 120.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,496 shares of the company's stock after purchasing an additional 2,461 shares during the period. Argentarii LLC's holdings in Take-Two Interactive Software were worth $932,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Take-Two Interactive Software during the 1st quarter valued at approximately $245,000. IFM Investors Pty Ltd raised its position in Take-Two Interactive Software by 9.5% in the first quarter. IFM Investors Pty Ltd now owns 33,325 shares of the company's stock valued at $6,907,000 after purchasing an additional 2,896 shares during the period. OneDigital Investment Advisors LLC purchased a new stake in Take-Two Interactive Software in the first quarter valued at approximately $223,000. GF Fund Management CO. LTD. raised its position in Take-Two Interactive Software by 1.6% in the first quarter. GF Fund Management CO. LTD. now owns 33,807 shares of the company's stock valued at $7,007,000 after purchasing an additional 522 shares during the period. Finally, Checchi Capital Advisers LLC grew its stake in shares of Take-Two Interactive Software by 29.4% in the first quarter. Checchi Capital Advisers LLC now owns 1,595 shares of the company's stock worth $331,000 after acquiring an additional 362 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock traded down $2.13 during mid-day trading on Tuesday, reaching $240.40. The company had a trading volume of 443,917 shares, compared to its average volume of 1,784,907. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $245.08. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.78 and a quick ratio of 0.78. The company has a market capitalization of $42.65 billion, a P/E ratio of -9.47, a P/E/G ratio of 6.25 and a beta of 1.03. The stock's 50-day simple moving average is $232.77 and its 200-day simple moving average is $211.89.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 216,661 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 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 filing with the SEC, which is accessible through the SEC website. Also, President Karl Slatoff sold 216,661 shares of the stock in a transaction dated 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 directly owned 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 disclosure for this sale can be found here. Over the last three months, insiders sold 460,378 shares of company stock valued at $103,915,994. Corporate insiders own 1.45% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on TTWO shares. Robert W. Baird boosted their target price on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. UBS Group boosted 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 note on Friday, May 16th. Benchmark boosted 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 research note on Friday, May 16th. Morgan Stanley boosted their target price on shares of Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an "overweight" rating in a research note on Monday, May 19th. Finally, Wedbush upgraded shares of Take-Two Interactive Software to a "strong-buy" rating in a research note on Tuesday, July 1st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and a consensus target price of $228.10.

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.