Vanguard Personalized Indexing Management LLC raised its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 23.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,549 shares of the company’s stock after purchasing an additional 3,757 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Take-Two Interactive Software were worth $4,748,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in TTWO. Vanguard Group Inc. raised its holdings in Take-Two Interactive Software by 2.6% in the 1st quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company’s stock worth $4,117,123,000 after purchasing an additional 506,026 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Take-Two Interactive Software by 1.7% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 5,358,309 shares of the company’s stock valued at $1,110,510,000 after buying an additional 89,093 shares in the last quarter. Invesco Ltd. increased its stake in shares of Take-Two Interactive Software by 11.0% in the 1st quarter. Invesco Ltd. now owns 2,975,192 shares of the company’s stock worth $616,609,000 after acquiring an additional 294,378 shares in the last quarter. First Manhattan CO. LLC. lifted its position in Take-Two Interactive Software by 6.5% during the 1st quarter. First Manhattan CO. LLC. now owns 2,397,679 shares of the company’s stock valued at $496,919,000 after acquiring an additional 147,077 shares during the period. Finally, Ninety One UK Ltd boosted its stake in Take-Two Interactive Software by 22.8% during the second quarter. Ninety One UK Ltd now owns 1,801,582 shares of the company’s stock worth $437,514,000 after acquiring an additional 334,946 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors.
Take-Two Interactive Software Stock Up 1.9%
TTWO opened at $256.68 on Tuesday. The stock has a market capitalization of $47.35 billion, a price-to-earnings ratio of -10.72, a PEG ratio of 5.35 and a beta of 1.01. The firm has a 50 day moving average price of $242.27 and a 200-day moving average price of $232.10. Take-Two Interactive Software, Inc. has a twelve month low of $154.03 and a twelve month high of $262.19. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72.
Insider Transactions at Take-Two Interactive Software
In other Take-Two Interactive Software news, Director Jon J. Moses sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $231.33, for a total transaction of $231,330.00. Following the sale, the director owned 22,901 shares in the company, valued at approximately $5,297,688.33. This trade represents a 4.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $528,867.75. Following the completion of the transaction, the director owned 9,063 shares of the company’s stock, valued at approximately $2,061,560.61. The trade was a 20.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 141,411 shares of company stock valued at $32,434,222. Company insiders own 1.34% of the company’s stock.
Analyst Upgrades and Downgrades
TTWO has been the subject of several recent research reports. Benchmark boosted their price target on Take-Two Interactive Software from $250.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Wedbush boosted their target price on Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. Bank of America raised their price target on Take-Two Interactive Software from $260.00 to $285.00 and gave the company a “buy” rating in a report on Friday, August 8th. Citigroup upped their price target on shares of Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a “buy” rating in a research note on Wednesday, July 23rd. Finally, Zacks Research upgraded shares of Take-Two Interactive Software from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 13th. Nineteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $251.60.
Get Our Latest Stock Analysis on TTWO
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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