Vanguard Group Inc. increased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 2.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 19,865,489 shares of the company's stock after acquiring an additional 506,026 shares during the quarter. Vanguard Group Inc. owned about 11.26% of Take-Two Interactive Software worth $4,117,123,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA grew its holdings in Take-Two Interactive Software by 1.7% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 5,358,309 shares of the company's stock valued at $1,110,510,000 after buying an additional 89,093 shares in the last quarter. Capital International Investors grew its holdings in shares of Take-Two Interactive Software by 9.5% during the fourth quarter. Capital International Investors now owns 4,883,746 shares of the company's stock worth $899,036,000 after purchasing an additional 424,893 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Take-Two Interactive Software by 0.3% during the fourth quarter. Ameriprise Financial Inc. now owns 4,770,044 shares of the company's stock worth $878,567,000 after purchasing an additional 13,555 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Take-Two Interactive Software by 6.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,527,759 shares of the company's stock worth $833,470,000 after purchasing an additional 287,194 shares in the last quarter. Finally, First Manhattan CO. LLC. grew its holdings in shares of Take-Two Interactive Software by 5.4% during the fourth quarter. First Manhattan CO. LLC. now owns 2,250,602 shares of the company's stock worth $417,713,000 after purchasing an additional 115,928 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.
Take-Two Interactive Software Stock Performance
Shares of Take-Two Interactive Software stock traded up $5.91 during trading on Monday, hitting $223.28. 2,220,112 shares of the company's stock traded hands, compared to its average volume of 2,042,967. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. Take-Two Interactive Software, Inc. has a 1 year low of $143.17 and a 1 year high of $245.07. The stock has a market capitalization of $41.19 billion, a P/E ratio of -9.33, a PEG ratio of 5.50 and a beta of 0.99. The business has a 50-day simple moving average of $233.54 and a 200-day simple moving average of $219.53.
Insider Transactions at Take-Two Interactive Software
In other Take-Two Interactive Software news, Director Ellen F. Siminoff sold 414 shares of the stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $237.80, for a total value of $98,449.20. Following the transaction, the director owned 3,290 shares of the company's stock, valued at approximately $782,362. This represents a 11.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 value of $48,911,220.75. Following the completion of the transaction, the president directly owned 1,206,427 shares in the company, valued at approximately $272,350,895.25. This represents a 15.22% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 460,792 shares of company stock worth $104,014,443 in the last ninety days. Insiders own 1.34% of the company's stock.
Analysts Set New Price Targets
Several analysts have weighed in on the company. UBS Group boosted their price objective on Take-Two Interactive Software from $275.00 to $285.00 and gave the company a "buy" rating in a research report on Friday. DA Davidson boosted their price objective 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. Wedbush upped their target price on Take-Two Interactive Software from $269.00 to $275.00 and gave the company an "outperform" rating in a report on Friday. BMO Capital Markets restated an "outperform" rating and set a $236.00 target price (down previously from $240.00) on shares of Take-Two Interactive Software in a report on Monday, May 5th. Finally, Benchmark upped their target price on Take-Two Interactive Software from $250.00 to $275.00 and gave the company a "buy" rating in a report on Friday. One 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's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $242.43.
View Our Latest Stock Report on TTWO
About Take-Two Interactive Software
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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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