Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 9.8% in the 2nd quarter, Holdings Channel reports. The firm owned 344,289 shares of the company’s stock after acquiring an additional 30,802 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Take-Two Interactive Software were worth $83,611,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of the business. MassMutual Private Wealth & Trust FSB increased its stake in shares of Take-Two Interactive Software by 5.8% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 854 shares of the company’s stock valued at $207,000 after purchasing an additional 47 shares during the last quarter. Joel Isaacson & Co. LLC lifted its position in shares of Take-Two Interactive Software by 3.1% during the 2nd quarter. Joel Isaacson & Co. LLC now owns 1,631 shares of the company’s stock worth $396,000 after buying an additional 49 shares during the last quarter. Brooklyn Investment Group boosted its stake in Take-Two Interactive Software by 8.1% in the first quarter. Brooklyn Investment Group now owns 669 shares of the company’s stock valued at $139,000 after buying an additional 50 shares in the last quarter. NewSquare Capital LLC grew its position in Take-Two Interactive Software by 55.3% in the second quarter. NewSquare Capital LLC now owns 146 shares of the company’s stock valued at $35,000 after acquiring an additional 52 shares during the last quarter. Finally, Blue Trust Inc. grew its position in Take-Two Interactive Software by 101.9% in the second quarter. Blue Trust Inc. now owns 105 shares of the company’s stock valued at $26,000 after acquiring an additional 53 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.
Take-Two Interactive Software Stock Down 8.1%
Take-Two Interactive Software stock opened at $232.00 on Monday. The firm has a market cap of $42.80 billion, a price-to-earnings ratio of -9.69, a PEG ratio of 5.10 and a beta of 1.00. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.16 and a current ratio of 1.16. Take-Two Interactive Software, Inc. has a 52-week low of $173.20 and a 52-week high of $264.79. The firm has a 50 day moving average price of $251.84 and a two-hundred day moving average price of $238.62.
Insider Buying and Selling at Take-Two Interactive Software
In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 20,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $230.69, for a total value of $4,613,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ellen F. Siminoff sold 411 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $259.42, for a total value of $106,621.62. Following the completion of the transaction, the director directly owned 2,860 shares in the company, valued at approximately $741,941.20. This trade represents a 12.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 141,822 shares of company stock valued at $32,540,844 over the last ninety days. Insiders own 1.34% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on the stock. Cowen restated a “buy” rating on shares of Take-Two Interactive Software in a research note on Thursday, October 23rd. Benchmark increased their price objective on shares of Take-Two Interactive Software from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, October 16th. Zacks Research raised shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. DA Davidson increased their price target on Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Finally, Wells Fargo & Company boosted their price objective on Take-Two Interactive Software from $270.00 to $277.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and an average price target of $259.45.
Get Our Latest Stock Analysis on Take-Two Interactive Software
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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