WCM Investment Management LLC Increases Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

WCM Investment Management LLC boosted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 28.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,895 shares of the company’s stock after purchasing an additional 2,867 shares during the period. WCM Investment Management LLC’s holdings in Take-Two Interactive Software were worth $1,974,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. QRG Capital Management Inc. increased its position in shares of Take-Two Interactive Software by 169.7% in the 1st quarter. QRG Capital Management Inc. now owns 14,425 shares of the company’s stock valued at $2,142,000 after acquiring an additional 9,076 shares during the period. Creative Planning grew its stake in Take-Two Interactive Software by 27.6% during the 2nd quarter. Creative Planning now owns 26,244 shares of the company’s stock valued at $4,081,000 after purchasing an additional 5,681 shares during the last quarter. University of Texas Texas AM Investment Management Co. increased its holdings in shares of Take-Two Interactive Software by 30.8% in the second quarter. University of Texas Texas AM Investment Management Co. now owns 25,584 shares of the company’s stock valued at $3,978,000 after purchasing an additional 6,027 shares during the period. Beech Hill Advisors Inc. raised its stake in shares of Take-Two Interactive Software by 107.5% in the third quarter. Beech Hill Advisors Inc. now owns 14,999 shares of the company’s stock worth $2,305,000 after purchasing an additional 7,769 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Take-Two Interactive Software by 103.7% during the first quarter. Russell Investments Group Ltd. now owns 45,316 shares of the company’s stock worth $6,718,000 after purchasing an additional 23,072 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insiders Place Their Bets

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $149.83, for a total value of $28,617.53. Following the transaction, the director now directly owns 64,378 shares in the company, valued at $9,645,755.74. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.45% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Robert W. Baird increased their price target on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Stifel Nicolaus raised their target price on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a “buy” rating in a report on Thursday, September 5th. Redburn Atlantic initiated coverage on shares of Take-Two Interactive Software in a research report on Thursday, August 29th. They issued a “buy” rating and a $194.00 price objective for the company. Benchmark upped their price target on Take-Two Interactive Software from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday, August 21st. Finally, The Goldman Sachs Group increased their price target on Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Two analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average price target of $188.05.

Take-Two Interactive Software Trading Up 0.8 %

Shares of TTWO stock opened at $179.39 on Tuesday. The company has a current ratio of 0.85, a quick ratio of 0.90 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $180.53. The company’s 50-day moving average price is $157.11 and its 200-day moving average price is $154.12. The stock has a market cap of $31.44 billion, a price-to-earnings ratio of -8.48, a PEG ratio of 5.44 and a beta of 0.85.

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.