Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Bought by China Universal Asset Management Co. Ltd.

China Universal Asset Management Co. Ltd. boosted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 28.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,858 shares of the company’s stock after purchasing an additional 635 shares during the period. China Universal Asset Management Co. Ltd.’s holdings in Take-Two Interactive Software were worth $526,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fifth Third Bancorp increased its position in shares of Take-Two Interactive Software by 0.3% in the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock valued at $3,157,000 after buying an additional 57 shares in the last quarter. Hartford Investment Management Co. grew its stake in Take-Two Interactive Software by 0.7% in the 3rd quarter. Hartford Investment Management Co. now owns 10,255 shares of the company’s stock valued at $1,576,000 after acquiring an additional 74 shares during the last quarter. Huntington National Bank increased its holdings in Take-Two Interactive Software by 9.3% during the 3rd quarter. Huntington National Bank now owns 896 shares of the company’s stock valued at $138,000 after acquiring an additional 76 shares in the last quarter. Sanctuary Advisors LLC raised its position in Take-Two Interactive Software by 1.8% during the third quarter. Sanctuary Advisors LLC now owns 4,493 shares of the company’s stock worth $691,000 after acquiring an additional 79 shares during the last quarter. Finally, Chicago Capital LLC lifted its holdings in shares of Take-Two Interactive Software by 2.9% in the third quarter. Chicago Capital LLC now owns 2,983 shares of the company’s stock valued at $459,000 after purchasing an additional 85 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

TTWO has been the subject of several research reports. BMO Capital Markets restated an “outperform” rating and set a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $175.00 to $230.00 in a report on Monday, January 27th. JPMorgan Chase & Co. increased their price objective on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Citigroup boosted their target price on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Finally, Oppenheimer raised their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 21st. Two equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and an average price target of $204.06.

Insider Activity at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 777 shares of the stock in a transaction on 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 sale, the insider now owns 149,379 shares of the company’s stock, valued at $28,029,475.56. This represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s 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 sale, the director now directly owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. This trade represents a 17.11 % 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 insiders.

Take-Two Interactive Software Stock Performance

Take-Two Interactive Software stock opened at $185.51 on Monday. The company has a market cap of $32.58 billion, a price-to-earnings ratio of -8.77, a price-to-earnings-growth ratio of 5.90 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $192.50. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The stock’s 50-day moving average is $185.71 and its 200-day moving average is $167.39.

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.