Allspring Global Investments Holdings LLC Has $27.66 Million Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Allspring Global Investments Holdings LLC raised its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 56.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 171,850 shares of the company's stock after buying an additional 61,813 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.10% of Take-Two Interactive Software worth $27,659,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of TTWO. CVA Family Office LLC purchased a new position in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $25,000. Cary Street Partners Investment Advisory LLC raised its position in shares of Take-Two Interactive Software by 110.7% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 177 shares of the company's stock valued at $25,000 after purchasing an additional 93 shares during the last quarter. NBC Securities Inc. purchased a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at approximately $27,000. BluePath Capital Management LLC acquired a new position in Take-Two Interactive Software in the 3rd quarter worth approximately $30,000. Finally, Whittier Trust Co. acquired a new position in Take-Two Interactive Software in the 3rd quarter worth approximately $30,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 260 shares of the business's stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $155.72, for a total transaction of $40,487.20. Following the completion of the transaction, the director now directly owns 63,645 shares of the company's stock, valued at $9,910,799.40. The sale was disclosed in a filing with the SEC, which is accessible through this link. 1.37% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently weighed in on TTWO. Wells Fargo & Company increased their price target on shares of Take-Two Interactive Software from $170.00 to $193.00 and gave the stock an "overweight" rating in a report on Thursday, February 1st. Citigroup raised shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and lifted their price target for the company from $170.00 to $200.00 in a research note on Monday, April 8th. Wedbush reissued an "outperform" rating and issued a $190.00 price target on shares of Take-Two Interactive Software in a research note on Friday, February 9th. BMO Capital Markets began coverage on shares of Take-Two Interactive Software in a research note on Tuesday, January 9th. They issued an "outperform" rating and a $200.00 price target on the stock. Finally, Roth Mkm lifted their price target on shares of Take-Two Interactive Software from $168.00 to $185.00 and gave the company a "buy" rating in a research note on Friday, February 9th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eighteen have assigned a buy rating to the stock. According to MarketBeat.com, Take-Two Interactive Software has an average rating of "Moderate Buy" and a consensus price target of $176.39.

Take-Two Interactive Software Trading Down 2.7 %

TTWO traded down $4.07 on Friday, hitting $147.27. The company had a trading volume of 2,077,424 shares, compared to its average volume of 1,682,054. The firm has a market cap of $25.12 billion, a P/E ratio of -17.16, a PEG ratio of 1.25 and a beta of 0.74. Take-Two Interactive Software, Inc. has a 1 year low of $119.57 and a 1 year high of $171.59. The company's fifty day moving average price is $150.77 and its 200 day moving average price is $152.14. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.32.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.02). The company had revenue of $1.34 billion during the quarter, compared to analysts' expectations of $1.34 billion. Take-Two Interactive Software had a negative net margin of 26.90% and a positive return on equity of 3.03%. As a group, equities analysts expect that Take-Two Interactive Software, Inc. will post 0.87 earnings per share for the current year.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.