B. Metzler see. Sohn & Co. Holding AG bought a new stake in shares of Take-Two Interactive Software, Inc. during the third quarter. (NASDAQ:TTWO – Free Report), according to its most recent 13F filing with the Securities and Exchange Commission (SEC) . The fund purchased 11,057 shares of the company, worth approximately $1,700,000.
Several other institutional investors and hedge funds have also recently increased or decreased their stakes in TTWO. Crewe Advisors LLC increased its holdings in Take-Two Interactive Software by 297.9% during the second quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after acquiring an additional 143 shares during the period. UMB Bank increased its stake in Take-Two Interactive Software by 155.1% in the second quarter. UMB Bank now owns 199 shares of the company’s stock valued at $31,000, after acquiring an additional 121 shares during the period. Blue Trust Inc. increased its stake in Take-Two Interactive Software by 410.6% in the second quarter. Blue Trust Inc. now owns 240 shares of the company’s stock worth $36,000 after acquiring an additional 193 shares during the period. HHM Wealth Advisors LLC purchased a new position in Take-Two Interactive Software during the second quarter valued at approximately $37,000. Finally, BOKF NA grew its holdings in Take-Two Interactive Software by 466.7% during the first quarter. BOKF NA now owns 272 shares of the company’s stock valued at $41,000 after acquiring an additional 224 shares during the period. 95.46% of the shares are currently held by institutional investors.
Take-Two Interactive Software Stock Rises 0.8%
NASDAQ:TTWO opened at $188.15 on Friday. The stock’s fifty-day moving average price is $162.18 and its two-hundred-day moving average price is $156.42. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $188.45. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market cap of $33.04 billion, a price-to-earnings ratio of -8.89, a price-to-earnings ratio of 5.61 and a beta of 0.85.
Wall Street analysts weigh in
TTWO has been the subject of several research reports. Oppenheimer raised their price target on Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, November 7. HSBC upgraded Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price objective for the stock in a research note on Monday, August 12. Redburn Atlantic initiated coverage of Take-Two Interactive Software in a research note on Thursday, August 29. They gave a buy rating and a $194.00 price target for the stock. Benchmark lifted their price objective on Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, August 21. Finally, Robert W. Baird raised their price objective 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 7. Two equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $191.75.
Get our latest analysis on Take-Two interactive software
Insider activity
In other news, Director Laverne Evans Srinivasan sold 2,000 shares of stock in a transaction on Friday, November 8. The stock 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. This means a decrease in their position of 17.11%. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Currently, 1.45% of the shares are owned by company insiders.
About Take-Two interactive software
(Free report)
Take-Two Interactive Software, Inc develops, publishes and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the names Grand Theft Auto, LA Noire, Max Payne, Midnight Club and Red Dead Redemption, as well as other franchises.
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Would you like to see which other hedge funds own TTWO? Visit HoldingsChannel.com for the latest 13F filings and insider transactions for Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report).
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