Take-Two Interactive Software, Inc. $TTWO Shares Bought by iA Global Asset Management Inc.

iA Global Asset Management Inc. raised its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 19.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 64,965 shares of the company’s stock after acquiring an additional 10,456 shares during the quarter. iA Global Asset Management Inc.’s holdings in Take-Two Interactive Software were worth $16,633,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TTWO. Vanguard Group Inc. lifted its holdings in Take-Two Interactive Software by 4.5% in the third quarter. Vanguard Group Inc. now owns 21,701,533 shares of the company’s stock valued at $5,606,808,000 after acquiring an additional 932,659 shares during the period. Bessemer Group Inc. lifted its holdings in Take-Two Interactive Software by 53.1% in the fourth quarter. Bessemer Group Inc. now owns 1,456,186 shares of the company’s stock valued at $372,828,000 after acquiring an additional 505,000 shares during the period. Zurich Insurance Group Ltd FI acquired a new stake in Take-Two Interactive Software in the third quarter valued at $112,847,000. State Street Corp lifted its holdings in Take-Two Interactive Software by 4.1% in the third quarter. State Street Corp now owns 11,012,647 shares of the company’s stock valued at $2,845,084,000 after acquiring an additional 429,083 shares during the period. Finally, Amundi lifted its holdings in Take-Two Interactive Software by 46.4% in the third quarter. Amundi now owns 1,333,469 shares of the company’s stock valued at $342,675,000 after acquiring an additional 422,510 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Up 0.0%

Shares of TTWO stock opened at $242.44 on Friday. Take-Two Interactive Software, Inc. has a fifty-two week low of $187.63 and a fifty-two week high of $264.79. The stock has a market cap of $44.90 billion, a P/E ratio of -10.83, a P/E/G ratio of 3.62 and a beta of 0.97. The business has a fifty day simple moving average of $209.44 and a 200-day simple moving average of $226.46. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.71.

Analysts Set New Price Targets

A number of equities research analysts have commented on TTWO shares. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, February 2nd. DA Davidson reissued a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a report on Wednesday, February 4th. Weiss Ratings reissued a “sell (d)” rating on shares of Take-Two Interactive Software in a report on Wednesday, January 21st. Zacks Research downgraded Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 12th. Finally, Wedbush restated an “outperform” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and an average target price of $287.93.

Insiders Place Their Bets

In related news, Director Ellen F. Siminoff sold 413 shares of Take-Two Interactive Software stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $207.66, for a total transaction of $85,763.58. Following the completion of the sale, the director owned 2,000 shares in the company, valued at approximately $415,320. This trade represents a 17.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael Sheresky sold 155 shares of Take-Two Interactive Software stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $194.73, for a total value of $30,183.15. Following the sale, the director owned 65,626 shares of the company’s stock, valued at approximately $12,779,350.98. This represents a 0.24% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 65,292 shares of company stock valued at $13,978,938. Company insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.