Quantinno Capital Management LP Purchases 1,768 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Quantinno Capital Management LP lifted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 28.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,991 shares of the company’s stock after acquiring an additional 1,768 shares during the period. Quantinno Capital Management LP’s holdings in Take-Two Interactive Software were worth $1,228,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Ninety One UK Ltd lifted its stake in 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 acquiring an additional 1,047,979 shares during the last quarter. Point72 Asset Management L.P. increased its position in Take-Two Interactive Software by 3,786.4% in the 2nd 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. increased its position in Take-Two Interactive Software by 17.6% in the 2nd 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 period. Massachusetts Financial Services Co. MA boosted its stake in shares of Take-Two Interactive Software by 13.7% in the 3rd 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 during the last quarter. Finally, 1832 Asset Management L.P. boosted its stake 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 worth $251,797,000 after acquiring an additional 538,906 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Insider Buying and Selling at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 777 shares of the company’s 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 in the company, valued at $28,029,475.56. This represents a 0.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following 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 position. The disclosure for this sale can be found here. Company insiders own 1.45% of the company’s stock.

Wall Street Analysts Forecast Growth

TTWO has been the subject of several analyst reports. BMO Capital Markets reiterated an “outperform” rating and issued a $240.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. Morgan Stanley lifted their price target on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. dropped their price target on shares of Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 22nd. Stifel Nicolaus upped their price target on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a research report on Thursday, September 5th. Finally, Roth Mkm upped their price target on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Three investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $196.00.

Take-Two Interactive Software Trading Down 0.4 %

Shares of TTWO opened at $189.64 on Friday. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $191.91. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $33.31 billion, a price-to-earnings ratio of -8.96, a P/E/G ratio of 5.89 and a beta of 0.88. The stock’s 50-day moving average price is $172.42 and its 200 day moving average price is $160.28.

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.