CX Institutional Takes $244,000 Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

CX Institutional purchased a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,327 shares of the company’s stock, valued at approximately $244,000.

Several other hedge funds have also recently bought and sold shares of TTWO. State Street Corp lifted its holdings in shares of Take-Two Interactive Software by 8.8% during the third quarter. State Street Corp now owns 10,899,267 shares of the company’s stock valued at $1,675,241,000 after acquiring an additional 880,816 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in shares of Take-Two Interactive Software by 13.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock valued at $828,994,000 after acquiring an additional 648,982 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Take-Two Interactive Software by 1,780.1% during the third quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company’s stock valued at $70,807,000 after acquiring an additional 436,150 shares during the period. 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% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock valued at $651,817,000 after acquiring an additional 417,325 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Take-Two Interactive Software by 3.5% during the third quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock valued at $614,511,000 after acquiring an additional 134,767 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the transaction, 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. Corporate insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of TTWO stock opened at $185.49 on Monday. The stock has a 50-day moving average price of $185.46 and a 200 day moving average price of $166.12. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. The firm has a market cap of $32.58 billion, a price-to-earnings ratio of -8.77, a PEG ratio of 5.84 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $192.14.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. StockNews.com raised Take-Two Interactive Software from a “sell” rating to a “hold” rating in a report on Friday, December 6th. UBS Group lifted their price objective on Take-Two Interactive Software from $156.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. TD Cowen raised their target price on Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. JPMorgan Chase & Co. raised their target price on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Finally, Robert W. Baird raised their target price on Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Three research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $200.58.

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.