Wahed Invest LLC Purchases 526 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Wahed Invest LLC raised its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 14.4% in the third quarter, HoldingsChannel reports. The firm owned 4,186 shares of the company’s stock after buying an additional 526 shares during the quarter. Wahed Invest LLC’s holdings in Take-Two Interactive Software were worth $643,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the company. Sora Investors LLC lifted its position in shares of Take-Two Interactive Software by 366.7% during the 3rd quarter. Sora Investors LLC now owns 70,000 shares of the company’s stock valued at $10,760,000 after buying an additional 55,000 shares in the last quarter. State Street Corp lifted its holdings in Take-Two Interactive Software by 8.8% in the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after purchasing an additional 880,816 shares in the last quarter. Stifel Financial Corp lifted its holdings in Take-Two Interactive Software by 7.2% in the 3rd quarter. Stifel Financial Corp now owns 102,036 shares of the company’s stock worth $15,684,000 after purchasing an additional 6,858 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in Take-Two Interactive Software by 28.4% in the 3rd quarter. Quantinno Capital Management LP now owns 7,991 shares of the company’s stock worth $1,228,000 after purchasing an additional 1,768 shares in the last quarter. Finally, Quarry LP lifted its holdings in Take-Two Interactive Software by 25.7% in the 3rd quarter. Quarry LP now owns 529 shares of the company’s stock worth $81,000 after purchasing an additional 108 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $189.71 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $191.91. The business has a fifty day moving average price of $169.42 and a 200 day moving average price of $159.27.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on TTWO shares. Roth Mkm boosted their price target on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $240.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday. StockNews.com raised Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research note on Friday. The Goldman Sachs Group boosted their target price on Take-Two Interactive Software from $186.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Finally, Wedbush reissued an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software in a research report on Thursday, November 7th. Three analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus target price of $194.25.

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 dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the transaction, the director now directly owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Daniel P. Emerson sold 777 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the transaction, the insider now directly owns 149,379 shares in the company, valued at $28,029,475.56. This represents a 0.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is currently owned by company insiders.

About Take-Two Interactive Software

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.