Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Purchased by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 86,084 shares of the company’s stock after acquiring an additional 375 shares during the period. Chevy Chase Trust Holdings LLC’s holdings in Take-Two Interactive Software were worth $17,841,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Adero Partners LLC increased its holdings in shares of Take-Two Interactive Software by 2.9% in the 1st quarter. Adero Partners LLC now owns 1,784 shares of the company’s stock worth $370,000 after acquiring an additional 51 shares during the period. First Horizon Advisors Inc. grew its position in Take-Two Interactive Software by 24.2% in the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock worth $51,000 after purchasing an additional 54 shares during the last quarter. State of Wyoming increased its stake in shares of Take-Two Interactive Software by 13.0% in the fourth quarter. State of Wyoming now owns 522 shares of the company’s stock valued at $96,000 after purchasing an additional 60 shares during the period. Simon Quick Advisors LLC increased its stake in shares of Take-Two Interactive Software by 4.0% in the first quarter. Simon Quick Advisors LLC now owns 1,681 shares of the company’s stock valued at $348,000 after purchasing an additional 64 shares during the period. Finally, Kingswood Wealth Advisors LLC raised its holdings in shares of Take-Two Interactive Software by 3.2% during the first quarter. Kingswood Wealth Advisors LLC now owns 2,079 shares of the company’s stock valued at $431,000 after buying an additional 64 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 216,661 shares of the business’s stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $225.75, for a total transaction of $48,911,220.75. Following the sale, the chief executive officer now owns 1,206,427 shares in the company, valued at approximately $272,350,895.25. The trade was a 15.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Daniel P. Emerson sold 27,056 shares of the company’s stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $225.22, for a total transaction of $6,093,552.32. Following the sale, the insider now directly owns 152,271 shares of the company’s stock, valued at $34,294,474.62. This represents a 15.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 460,378 shares of company stock valued at $103,915,994 over the last three months. Insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO opened at $241.64 on Thursday. The company has a market capitalization of $42.87 billion, a PE ratio of -9.52, a price-to-earnings-growth ratio of 5.93 and a beta of 1.03. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.78 and a current ratio of 0.78. The stock has a fifty day moving average of $228.78 and a 200-day moving average of $208.49. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $245.08.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on TTWO shares. Ascendiant Capital Markets increased their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a “buy” rating in a report on Monday, March 3rd. Benchmark boosted their price target on Take-Two Interactive Software from $225.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, May 16th. Wedbush reissued an “outperform” rating and set a $269.00 price target (up from $253.00) on shares of Take-Two Interactive Software in a report on Friday, May 16th. Robert W. Baird lifted their price objective on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the company an “outperform” rating in a research note on Friday, May 16th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $236.00 target price (down previously from $240.00) on shares of Take-Two Interactive Software in a research report on Monday, May 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $228.10.

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.