Take-Two Interactive Software, Inc. $TTWO Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Key Points

• Mitsubishi UFJ Asset Management increased its stake in Take-Two by 6.5% to 395,071 shares (about $99.4 million), while institutional investors now own roughly 95.46% of the company.
• Company insiders have been net sellers recently — directors executed sales and insiders disposed of 65,292 shares worth approximately $13.98 million over the past 90 days, leaving insiders with about 1.34% ownership.
• Analyst sentiment is largely positive with a "Moderate Buy" consensus and an average target price of $284.31 versus a recent trading level around $223.50, implying notable upside within the 12‑month range of $187.63–$264.79.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 6.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 395,071 shares of the company's stock after acquiring an additional 24,135 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.21% of Take-Two Interactive Software worth $99,400,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $26,000. GHP Investment Advisors Inc. acquired a new position in Take-Two Interactive Software in the 4th quarter valued at approximately $28,000. Pinnacle Bancorp Inc. acquired a new position in Take-Two Interactive Software in the 3rd quarter valued at approximately $29,000. Rachor Investment Advisory Services LLC acquired a new position in Take-Two Interactive Software in the 4th quarter valued at approximately $34,000. Finally, Meeder Asset Management Inc. increased its stake in Take-Two Interactive Software by 216.3% in the 3rd quarter. Meeder Asset Management Inc. now owns 136 shares of the company's stock valued at $35,000 after buying an additional 93 shares during the period. 95.46% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Take-Two Interactive Software

In related news, Director Michael Dornemann sold 1,390 shares of the stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $213.09, for a total transaction of $296,195.10. Following the completion of the sale, the director owned 21,525 shares in the company, valued at $4,586,762.25. This trade represents a 6.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Daniel P. Emerson sold 810 shares of the stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $213.47, for a total transaction of $172,910.70. Following the sale, the insider owned 124,191 shares of the company's stock, valued at $26,511,052.77. This trade represents a 0.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 65,292 shares of company stock worth $13,978,938 over the last ninety days. Company insiders own 1.34% of the company's stock.

Take-Two Interactive Software Trading Up 0.7%

Shares of Take-Two Interactive Software stock opened at $223.50 on Friday. The stock has a market capitalization of $41.39 billion, a P/E ratio of -9.99, a price-to-earnings-growth ratio of 3.31 and a beta of 0.97. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.71. The company has a 50-day simple moving average of $207.43 and a 200 day simple moving average of $227.41. Take-Two Interactive Software, Inc. has a 12-month low of $187.63 and a 12-month high of $264.79.

Analyst Ratings Changes

Several analysts have commented on TTWO shares. Wells Fargo & Company decreased their target price on shares of Take-Two Interactive Software from $295.00 to $293.00 and set an "overweight" rating for the company in a research report on Monday, April 6th. UBS Group upped their target price on shares of Take-Two Interactive Software from $292.00 to $300.00 and gave the company a "buy" rating in a research note on Wednesday, January 28th. Morgan Stanley raised their price objective on shares of Take-Two Interactive Software from $275.00 to $280.00 and gave the stock an "overweight" rating in a report on Tuesday, January 13th. Wedbush reaffirmed an "outperform" rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a report on Tuesday, March 3rd. Finally, Zacks Research downgraded shares of Take-Two Interactive Software from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $284.31.

Take-Two Interactive Software Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two's publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.

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