Daiwa Securities Group Inc. Increases Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Daiwa Securities Group Inc. lifted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 11.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,233 shares of the company’s stock after purchasing an additional 3,845 shares during the period. Daiwa Securities Group Inc.’s holdings in Take-Two Interactive Software were worth $5,723,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Advisors Asset Management Inc. increased its position in Take-Two Interactive Software by 15.1% during the 1st quarter. Advisors Asset Management Inc. now owns 945 shares of the company’s stock valued at $140,000 after purchasing an additional 124 shares during the period. BOKF NA increased its position in shares of Take-Two Interactive Software by 466.7% during the first quarter. BOKF NA now owns 272 shares of the company’s stock valued at $41,000 after buying an additional 224 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Take-Two Interactive Software by 1.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 260,196 shares of the company’s stock worth $38,637,000 after buying an additional 3,583 shares in the last quarter. Dynasty Wealth Management LLC purchased a new stake in Take-Two Interactive Software in the first quarter worth about $234,000. Finally, California State Teachers Retirement System boosted its position in Take-Two Interactive Software by 1.0% during the 1st quarter. California State Teachers Retirement System now owns 269,967 shares of the company’s stock valued at $40,087,000 after acquiring an additional 2,606 shares in the last quarter. 95.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Stifel Nicolaus increased their target price on Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a “buy” rating in a research report on Thursday, September 5th. Robert W. Baird raised their price objective on Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Morgan Stanley upped their target price on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Bank of America reiterated a “buy” rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Finally, Redburn Atlantic began coverage on shares of Take-Two Interactive Software in a research note on Thursday, August 29th. They set a “buy” rating and a $194.00 price objective on the stock. Two analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $191.75.

Take-Two Interactive Software Trading Up 0.1 %

Take-Two Interactive Software stock opened at $187.85 on Wednesday. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $190.43. The business’s fifty day moving average is $162.89 and its 200 day moving average is $156.84. The stock has a market capitalization of $32.99 billion, a PE ratio of -8.88, a price-to-earnings-growth ratio of 5.67 and a beta of 0.85. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction on Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the transaction, the director now directly owns 9,692 shares of the company’s stock, valued at $1,736,515.64. This represents a 17.11 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.45% of the company’s stock.

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.