Swedbank AB Purchases 3,898 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Swedbank AB lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 104,737 shares of the company’s stock after acquiring an additional 3,898 shares during the quarter. Swedbank AB owned 0.06% of Take-Two Interactive Software worth $19,280,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Swiss National Bank lifted its stake in Take-Two Interactive Software by 2.7% in the third quarter. Swiss National Bank now owns 493,508 shares of the company’s stock worth $75,857,000 after purchasing an additional 13,200 shares during the last quarter. CIBC Asset Management Inc raised its holdings in shares of Take-Two Interactive Software by 9.1% in the third quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock worth $8,200,000 after buying an additional 4,456 shares during the period. Paloma Partners Management Co bought a new stake in shares of Take-Two Interactive Software during the 3rd quarter worth approximately $20,290,000. Fiduciary Alliance LLC purchased a new position in Take-Two Interactive Software during the 4th quarter valued at $734,000. Finally, Sumitomo Mitsui Trust Group Inc. grew its position in Take-Two Interactive Software by 2.8% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company’s stock valued at $61,928,000 after acquiring an additional 10,837 shares during the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on TTWO shares. TD Cowen lifted their target price on Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. BMO Capital Markets reissued an “outperform” rating and issued a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. UBS Group raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and raised their target price for the stock from $175.00 to $230.00 in a research report on Monday, January 27th. StockNews.com raised shares of Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Finally, Stifel Nicolaus increased their price objective on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research note on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $203.47.

Take-Two Interactive Software Price Performance

Shares of TTWO opened at $185.51 on Friday. The company has a 50 day moving average of $185.71 and a two-hundred day moving average of $167.17. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $192.50. The company has a market cap of $32.58 billion, a price-to-earnings ratio of -8.77, a price-to-earnings-growth ratio of 5.90 and a beta of 0.89.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the transaction, the insider now owns 149,379 shares of the company’s stock, valued at approximately $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction on Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the sale, the director now owns 9,692 shares of the company’s stock, valued at $1,736,515.64. The trade was a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.45% of the company’s stock.

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.