Take-Two Interactive Software, Inc. $TTWO Shares Bought by Ossiam

Key Points

• Ossiam increased its stake in Take-Two by 561.3% in Q3, buying 104,034 additional shares to hold 122,569 shares worth about $31.67 million (roughly 0.07% of the company).
• Analyst sentiment is positive: the consensus rating is "Moderate Buy" with an average price target of $284.44, and most recent reports lean toward Buy or Strong Buy.
• Company insiders sold 64,880 shares (about $13.9 million) over the past three months, while institutional investors own 95.46% of the stock and insiders hold about 1.34%.

Ossiam increased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 561.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 122,569 shares of the company's stock after buying an additional 104,034 shares during the period. Ossiam owned about 0.07% of Take-Two Interactive Software worth $31,667,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of TTWO. Pilgrim Partners Asia Pte Ltd bought a new position in Take-Two Interactive Software in the third quarter worth about $26,000. Twin Peaks Wealth Advisors LLC acquired a new position in Take-Two Interactive Software in the second quarter valued at approximately $27,000. Pinnacle Bancorp Inc. bought a new position in shares of Take-Two Interactive Software during the third quarter valued at approximately $29,000. Meeder Asset Management Inc. grew its holdings in shares of Take-Two Interactive Software by 216.3% during the third quarter. Meeder Asset Management Inc. now owns 136 shares of the company's stock valued at $35,000 after purchasing an additional 93 shares during the last quarter. Finally, Blue Trust Inc. raised its position in shares of Take-Two Interactive Software by 42.9% during the 3rd quarter. Blue Trust Inc. now owns 150 shares of the company's stock worth $39,000 after purchasing an additional 45 shares during the period. Institutional investors own 95.46% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on TTWO shares. TD Cowen reissued a "buy" rating on shares of Take-Two Interactive Software in a report on Tuesday, November 25th. B. Riley Financial started coverage on Take-Two Interactive Software in a research report on Wednesday, December 10th. They issued a "buy" rating and a $300.00 target price on the stock. Arete Research upgraded Take-Two Interactive Software from a "neutral" rating to a "buy" rating and set a $284.00 target price on the stock in a research note on Monday, December 1st. UBS Group boosted their price target on shares of Take-Two Interactive Software from $292.00 to $300.00 and gave the company a "buy" rating in a report on Wednesday, January 28th. Finally, Benchmark restated a "buy" rating on shares of Take-Two Interactive Software in a research report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $284.44.

Insider Activity at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 155 shares of Take-Two Interactive Software stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $194.73, for a total transaction of $30,183.15. Following the sale, the director directly owned 65,626 shares in the company, valued at $12,779,350.98. The trade was a 0.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Daniel P. Emerson sold 1,698 shares of Take-Two Interactive Software stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $213.62, for a total transaction of $362,726.76. Following the sale, the insider owned 125,001 shares in the company, valued at approximately $26,702,713.62. This represents a 1.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 64,880 shares of company stock valued at $13,908,337. 1.34% of the stock is owned by corporate insiders.

Take-Two Interactive Software Stock Down 0.3%

Shares of Take-Two Interactive Software stock opened at $208.58 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.14 and a quick ratio of 1.14. Take-Two Interactive Software, Inc. has a 1-year low of $188.56 and a 1-year high of $264.79. The business's fifty day moving average price is $221.35 and its two-hundred day moving average price is $238.87. The company has a market capitalization of $38.62 billion, a P/E ratio of -9.32, a PEG ratio of 8.57 and a beta of 0.94.

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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