Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Bought by Vestcor Inc

Vestcor Inc grew its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 37.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 18,454 shares of the company’s stock after acquiring an additional 5,000 shares during the period. Vestcor Inc’s holdings in Take-Two Interactive Software were worth $2,837,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Ninety One UK Ltd lifted its holdings in shares of Take-Two Interactive Software by 473.2% in the second quarter. Ninety One UK Ltd now owns 1,269,428 shares of the company’s stock valued at $197,383,000 after purchasing an additional 1,047,979 shares in the last quarter. State Street Corp lifted its holdings in shares of Take-Two Interactive Software by 8.8% in the third quarter. State Street Corp now owns 10,899,267 shares of the company’s stock valued at $1,675,241,000 after purchasing an additional 880,816 shares in the last quarter. Point72 Asset Management L.P. lifted its holdings in shares of Take-Two Interactive Software by 3,786.4% in the second quarter. Point72 Asset Management L.P. now owns 826,048 shares of the company’s stock valued at $128,442,000 after purchasing an additional 804,793 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Take-Two Interactive Software by 17.6% in the second quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company’s stock valued at $694,173,000 after purchasing an additional 666,198 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of Take-Two Interactive Software by 13.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock valued at $828,994,000 after purchasing an additional 648,982 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TTWO. Robert W. Baird increased their target price on Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Benchmark increased their target price on Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a report on Wednesday, August 21st. BMO Capital Markets reiterated an “outperform” rating and set a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. Wedbush reiterated an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a report on Monday. Finally, Oppenheimer increased their price objective on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and an average price target of $194.25.

Take-Two Interactive Software Trading Down 1.4 %

Shares of NASDAQ:TTWO opened at $185.36 on Wednesday. The company has a market cap of $32.55 billion, a P/E ratio of -8.76, a P/E/G ratio of 5.89 and a beta of 0.88. The stock’s 50-day moving average is $170.80 and its 200-day moving average is $159.86. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $191.91. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85.

Insider Activity

In related news, 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 sale, the insider now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction dated Friday, November 8th. The shares were 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 approximately $1,736,515.64. The trade was a 17.11 % decrease in their position. 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.