D.A. Davidson & CO. Purchases 233 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

D.A. Davidson & CO. increased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,778 shares of the company’s stock after purchasing an additional 233 shares during the period. D.A. Davidson & CO.’s holdings in Take-Two Interactive Software were worth $1,503,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Ninety One UK Ltd increased its holdings in Take-Two Interactive Software by 473.2% in the 2nd quarter. Ninety One UK Ltd now owns 1,269,428 shares of the company’s stock valued at $197,383,000 after buying an additional 1,047,979 shares during the period. Point72 Asset Management L.P. increased its stake in 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 acquiring an additional 804,793 shares during the period. Ameriprise Financial Inc. raised its position 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 worth $694,173,000 after purchasing an additional 666,198 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Take-Two Interactive Software by 13.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after purchasing an additional 648,982 shares during the period. Finally, 1832 Asset Management L.P. boosted its holdings in Take-Two Interactive Software by 49.9% during the second quarter. 1832 Asset Management L.P. now owns 1,619,380 shares of the company’s stock valued at $251,797,000 after purchasing an additional 538,906 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on TTWO shares. Benchmark raised their target price on 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. Morgan Stanley lifted their price objective on Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. UBS Group upped their target price on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Hsbc Global Res raised shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, August 12th. Finally, Redburn Atlantic assumed coverage on shares of Take-Two Interactive Software in a research note on Thursday, August 29th. They set a “buy” rating and a $194.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average target price of $191.75.

Take-Two Interactive Software Price Performance

Shares of TTWO stock opened at $188.38 on Friday. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $190.43. The firm’s 50 day moving average price is $165.66 and its two-hundred day moving average price is $157.84. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a market cap of $33.08 billion, a PE ratio of -8.90, a PEG ratio of 5.59 and a beta of 0.85.

Insider Activity

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the firm’s stock in a transaction 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 completion of the transaction, the director now 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.45% of the company’s stock.

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.