Thompson Investment Management Inc. lessened its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 3.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,750 shares of the company’s stock after selling 850 shares during the quarter. Thompson Investment Management Inc.’s holdings in Take-Two Interactive Software were worth $5,108,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in TTWO. State Street Corp lifted its holdings in shares of Take-Two Interactive Software by 8.8% in the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after purchasing an additional 880,816 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Take-Two Interactive Software by 13.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after purchasing an additional 648,982 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Take-Two Interactive Software by 1,780.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company’s stock worth $70,807,000 after purchasing an additional 436,150 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Take-Two Interactive Software by 10.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock worth $651,817,000 after purchasing an additional 417,325 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Take-Two Interactive Software by 3.5% in the 3rd quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after purchasing an additional 134,767 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.
Insiders Place Their Bets
In other news, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $187.64, for a total value of $145,796.28. Following the transaction, the insider now directly owns 149,379 shares in the company, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.45% of the company’s stock.
Take-Two Interactive Software Trading Up 14.0 %
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the company. Oppenheimer raised their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a report on Tuesday, January 21st. UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their target price for the company from $175.00 to $230.00 in a research note on Monday, January 27th. Wedbush reaffirmed an “outperform” rating and set a $215.00 target price on shares of Take-Two Interactive Software in a research note on Friday. Morgan Stanley lifted their target price on Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Finally, TD Cowen lifted their price target on Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. Two research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $208.47.
Read Our Latest Report on TTWO
Take-Two Interactive Software 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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