Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Acquired by Davis R M Inc.

Davis R M Inc. increased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 14.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 218,725 shares of the company’s stock after acquiring an additional 28,218 shares during the period. Davis R M Inc.’s holdings in Take-Two Interactive Software were worth $33,620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Swiss National Bank raised its holdings in shares of Take-Two Interactive Software by 2.7% during the third quarter. Swiss National Bank now owns 493,508 shares of the company’s stock valued at $75,857,000 after buying an additional 13,200 shares during the last quarter. CIBC Asset Management Inc boosted its holdings in Take-Two Interactive Software by 9.1% during the third quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock worth $8,200,000 after buying an additional 4,456 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of Take-Two Interactive Software by 2.8% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company’s stock valued at $61,928,000 after buying an additional 10,837 shares in the last quarter. WCM Investment Management LLC lifted its position in shares of Take-Two Interactive Software by 28.6% during the 3rd quarter. WCM Investment Management LLC now owns 12,895 shares of the company’s stock valued at $1,974,000 after acquiring an additional 2,867 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of Take-Two Interactive Software by 5.9% during the 3rd quarter. Principal Financial Group Inc. now owns 189,496 shares of the company’s stock worth $29,127,000 after acquiring an additional 10,491 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction dated 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 owns 9,692 shares in the company, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.45% of the stock is owned by insiders.

Take-Two Interactive Software Stock Up 0.8 %

TTWO stock opened at $188.15 on Monday. The company has a 50-day moving average of $162.18 and a two-hundred day moving average of $156.55. 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.

Analysts Set New Price Targets

A number of analysts have commented on TTWO shares. Roth Mkm upped their price objective on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Redburn Atlantic assumed coverage on Take-Two Interactive Software in a research report on Thursday, August 29th. They set a “buy” rating and a $194.00 price objective for the company. HSBC raised Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 target price on the stock in a research report on Monday, August 12th. JPMorgan Chase & Co. reduced their price target on Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating for the company in a report on Tuesday, October 22nd. Finally, Oppenheimer increased their price objective on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Two research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $191.75.

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.