Zurcher Kantonalbank Zurich Cantonalbank Boosts Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 8.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 129,012 shares of the company's stock after purchasing an additional 10,022 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned 0.07% of Take-Two Interactive Software worth $26,738,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Park Square Financial Group LLC purchased a new position in Take-Two Interactive Software in the 4th quarter worth approximately $28,000. North Capital Inc. purchased a new position in Take-Two Interactive Software in the 1st quarter worth approximately $35,000. Graybill Wealth Management LTD. purchased a new position in Take-Two Interactive Software in the 1st quarter worth approximately $37,000. Cullen Frost Bankers Inc. lifted its holdings in Take-Two Interactive Software by 46.0% in the 1st quarter. Cullen Frost Bankers Inc. now owns 181 shares of the company's stock worth $38,000 after purchasing an additional 57 shares in the last quarter. Finally, Itau Unibanco Holding S.A. lifted its holdings in Take-Two Interactive Software by 41.4% in the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company's stock worth $45,000 after purchasing an additional 72 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $226.10 on Tuesday. The company has a market cap of $40.12 billion, a P/E ratio of -8.91, a P/E/G ratio of 5.85 and a beta of 1.03. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.78 and a current ratio of 0.78. The business's 50 day moving average price is $234.18 and its 200-day moving average price is $217.01. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $245.07.

Insiders Place Their Bets

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 27,056 shares of the stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $225.22, for a total value of $6,093,552.32. Following the sale, the insider owned 152,271 shares in the company, valued at $34,294,474.62. This trade represents a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President Karl Slatoff sold 216,661 shares of the stock in a transaction on Friday, May 30th. The stock was sold at an average price of $225.75, for a total value of $48,911,220.75. Following the completion of the sale, the president owned 1,206,427 shares in the company, valued at approximately $272,350,895.25. The trade was a 15.22% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 460,792 shares of company stock worth $104,014,443. 1.45% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on TTWO shares. DA Davidson boosted their price target on Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Robert W. Baird upped their price objective on Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a report on Friday, May 16th. Raymond James Financial reaffirmed an "outperform" rating and set a $250.00 price objective (up from $240.00) on shares of Take-Two Interactive Software in a report on Friday, May 16th. Wedbush raised Take-Two Interactive Software to a "strong-buy" rating in a report on Tuesday, July 1st. Finally, UBS Group upped their price objective on Take-Two Interactive Software from $230.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, May 16th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $234.05.

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.

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