Fifth Third Wealth Advisors LLC reduced its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 11.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,264 shares of the company’s stock after selling 530 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Take-Two Interactive Software were worth $655,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Hartford Investment Management Co. increased its position in shares of Take-Two Interactive Software by 0.7% during the third quarter. Hartford Investment Management Co. now owns 10,255 shares of the company’s stock worth $1,576,000 after acquiring an additional 74 shares during the period. Huntington National Bank grew its stake in Take-Two Interactive Software by 9.3% during the 3rd quarter. Huntington National Bank now owns 896 shares of the company’s stock worth $138,000 after purchasing an additional 76 shares in the last quarter. Chicago Capital LLC increased its holdings in Take-Two Interactive Software by 2.9% during the 3rd quarter. Chicago Capital LLC now owns 2,983 shares of the company’s stock worth $459,000 after purchasing an additional 85 shares during the period. Massmutual Trust Co. FSB ADV raised its position in Take-Two Interactive Software by 15.3% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 685 shares of the company’s stock valued at $107,000 after purchasing an additional 91 shares in the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Take-Two Interactive Software by 5.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,709 shares of the company’s stock valued at $263,000 after buying an additional 92 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
TTWO has been the topic of a number of analyst reports. HSBC upgraded shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price objective on the stock in a report on Monday, August 12th. Wedbush reaffirmed an “outperform” rating and set a $190.00 price target on shares of Take-Two Interactive Software in a report on Thursday, November 7th. Roth Mkm increased their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a report on Tuesday. Hsbc Global Res upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 12th. Finally, Morgan Stanley upped their price target on Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $190.00.
Take-Two Interactive Software Stock Performance
Shares of TTWO stock opened at $185.50 on Thursday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The company’s fifty day moving average price is $160.80 and its two-hundred day moving average price is $155.93. The firm has a market capitalization of $32.58 billion, a P/E ratio of -8.77, a P/E/G ratio of 5.35 and a beta of 0.85. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $186.75.
Insider Activity at Take-Two Interactive Software
In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the transaction, the director now directly owns 9,692 shares in the company, valued at $1,736,515.64. This represents a 17.11 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.45% of the stock is currently owned by company insiders.
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.
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