Xponance Inc. Purchases 1,319 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Xponance Inc. lifted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 5.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,760 shares of the company's stock after purchasing an additional 1,319 shares during the period. Xponance Inc.'s holdings in Take-Two Interactive Software were worth $5,546,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Take-Two Interactive Software by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company's stock worth $3,563,690,000 after purchasing an additional 99,909 shares during the last quarter. Capital International Investors increased its stake in shares of Take-Two Interactive Software by 9.5% during the 4th 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 during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Take-Two Interactive Software by 0.3% during the 4th 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 during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Take-Two Interactive Software by 6.8% during the 4th 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 during the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Take-Two Interactive Software by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 4,110,469 shares of the company's stock worth $754,671,000 after purchasing an additional 99,279 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Take-Two Interactive Software news, President Karl Slatoff sold 216,661 shares of the stock in a transaction that occurred on 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 transaction, the president owned 1,206,427 shares in the company, valued at $272,350,895.25. This represents a 15.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Daniel P. Emerson sold 27,056 shares of the stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $225.22, for a total transaction of $6,093,552.32. Following the transaction, the insider owned 152,271 shares in the company, valued at approximately $34,294,474.62. The trade was a 15.09% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 460,378 shares of company stock worth $103,915,994 in the last quarter. Corporate insiders own 1.45% of the company's stock.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ:TTWO traded down $1.41 on Friday, reaching $233.92. 1,429,403 shares of the company's stock were exchanged, compared to its average volume of 1,789,791. The company has a fifty day moving average of $233.44 and a 200-day moving average of $213.19. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $245.08. The company has a market capitalization of $41.50 billion, a price-to-earnings ratio of -9.21, a PEG ratio of 6.09 and a beta of 1.03. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.18.

Wall Street Analyst Weigh In

TTWO has been the topic of several recent analyst reports. Raymond James Financial restated an "outperform" rating and set a $250.00 price objective (up from $240.00) on shares of Take-Two Interactive Software in a research note on Friday, May 16th. Wedbush upgraded shares of Take-Two Interactive Software to a "strong-buy" rating in a research note on Tuesday, July 1st. Morgan Stanley boosted their price objective 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. JPMorgan Chase & Co. upped their price target on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the company an "overweight" rating in a research note on Friday, May 16th. Finally, BMO Capital Markets reiterated an "outperform" rating and issued a $236.00 price target (down previously from $240.00) on shares of Take-Two Interactive Software in a research note on Monday, May 5th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and a consensus target price of $230.25.

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.