Ninety One UK Ltd Has $280.19 Million Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Ninety One UK Ltd boosted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,522,111 shares of the company’s stock after buying an additional 21,470 shares during the period. Ninety One UK Ltd owned approximately 0.87% of Take-Two Interactive Software worth $280,190,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. AQR Capital Management LLC increased its stake in shares of Take-Two Interactive Software by 5.9% during the second quarter. AQR Capital Management LLC now owns 19,265 shares of the company’s stock worth $2,996,000 after purchasing an additional 1,078 shares during the period. Cetera Investment Advisers increased its position in Take-Two Interactive Software by 12.8% during the 2nd quarter. Cetera Investment Advisers now owns 14,987 shares of the company’s stock worth $2,330,000 after buying an additional 1,706 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Take-Two Interactive Software during the second quarter worth $638,000. Handelsbanken Fonder AB lifted its holdings in shares of Take-Two Interactive Software by 4.2% during the third quarter. Handelsbanken Fonder AB now owns 37,263 shares of the company’s stock worth $5,728,000 after buying an additional 1,499 shares in the last quarter. Finally, Czech National Bank boosted its position in shares of Take-Two Interactive Software by 9.7% in the third quarter. Czech National Bank now owns 33,207 shares of the company’s stock valued at $5,104,000 after acquiring an additional 2,948 shares during the period. 95.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on TTWO. The Goldman Sachs Group lifted their price objective on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price target for the company from $175.00 to $230.00 in a research note on Monday, January 27th. JPMorgan Chase & Co. increased their price target on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. StockNews.com raised Take-Two Interactive Software from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Finally, Wedbush reissued an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software in a report on Monday, December 9th. Two equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and an average target price of $204.06.

Insider Buying and Selling at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director now owns 9,692 shares of the company’s stock, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction that occurred 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 transaction, the insider now directly owns 149,379 shares in the company, valued at approximately $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO opened at $183.54 on Wednesday. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $192.50. The business has a fifty day simple moving average of $185.60 and a 200 day simple moving average of $167.87. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53.

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.