Sumitomo Mitsui Trust Group Inc. Buys 10,837 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Sumitomo Mitsui Trust Group Inc. lifted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 402,889 shares of the company’s stock after acquiring an additional 10,837 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned approximately 0.23% of Take-Two Interactive Software worth $61,928,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Take-Two Interactive Software by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 18,920,875 shares of the company’s stock worth $2,809,561,000 after purchasing an additional 156,563 shares in the last quarter. Capital World Investors increased its holdings in Take-Two Interactive Software by 2.1% during the first quarter. Capital World Investors now owns 7,240,503 shares of the company’s stock worth $1,075,142,000 after buying an additional 151,135 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in Take-Two Interactive Software by 4.2% during the second quarter. Massachusetts Financial Services Co. MA now owns 4,744,251 shares of the company’s stock worth $737,684,000 after acquiring an additional 192,774 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in 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 acquiring an additional 666,198 shares during the last quarter. Finally, Boston Partners grew its position in shares of Take-Two Interactive Software by 1.8% in the 1st quarter. Boston Partners now owns 2,697,648 shares of the company’s stock valued at $400,379,000 after acquiring an additional 48,909 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group upped their target price on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Wedbush reaffirmed an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a research report on Thursday, November 7th. BMO Capital Markets boosted their target price 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. UBS Group increased their price target on Take-Two Interactive Software from $156.00 to $175.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Finally, Benchmark lifted their price objective on shares of Take-Two Interactive Software from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, August 21st. Two analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $188.70.

Take-Two Interactive Software Stock Down 0.2 %

TTWO stock opened at $181.48 on Friday. The firm has a 50-day moving average price of $158.56 and a 200-day moving average price of $154.75. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $182.62. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $31.87 billion, a P/E ratio of -8.58, a price-to-earnings-growth ratio of 5.44 and a beta of 0.85.

Insider Buying and Selling

In related news, Director Michael Sheresky sold 191 shares of the business’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $149.83, for a total value of $28,617.53. Following the sale, the director now owns 64,378 shares of the company’s stock, valued at $9,645,755.74. The trade was a 0.30 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were 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 $1,736,515.64. This represents a 17.11 % decrease in their position. The disclosure for this sale can be found here. 1.45% of the stock is owned by corporate insiders.

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.