Take-Two Interactive Software, Inc. $TTWO Shares Bought by National Pension Service

National Pension Service raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 6.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 263,517 shares of the company’s stock after acquiring an additional 15,869 shares during the quarter. National Pension Service’s holdings in Take-Two Interactive Software were worth $67,468,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. GHP Investment Advisors Inc. acquired a new position in shares of Take-Two Interactive Software during the 4th quarter worth approximately $28,000. Rachor Investment Advisory Services LLC acquired a new position in shares of Take-Two Interactive Software during the 4th quarter worth approximately $34,000. True Wealth Design LLC boosted its holdings in shares of Take-Two Interactive Software by 91.9% during the 4th quarter. True Wealth Design LLC now owns 142 shares of the company’s stock worth $36,000 after purchasing an additional 68 shares during the last quarter. AlphaQuest LLC acquired a new position in shares of Take-Two Interactive Software during the 3rd quarter worth approximately $41,000. Finally, Morse Asset Management Inc boosted its holdings in shares of Take-Two Interactive Software by 117.3% during the 4th quarter. Morse Asset Management Inc now owns 163 shares of the company’s stock worth $42,000 after purchasing an additional 88 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. BMO Capital Markets restated an “outperform” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. Zacks Research cut Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 12th. Wedbush restated an “outperform” rating and set a $300.00 target price on shares of Take-Two Interactive Software in a report on Tuesday, March 3rd. Raymond James Financial upgraded Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 target price on the stock in a report on Tuesday, February 10th. Finally, Benchmark restated a “buy” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $287.53.

Take-Two Interactive Software Stock Up 2.9%

TTWO stock opened at $224.16 on Friday. The firm has a market cap of $41.62 billion, a PE ratio of -138.37, a PEG ratio of 3.42 and a beta of 0.97. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.14 and a current ratio of 1.24. The firm’s 50 day moving average price is $213.37 and its 200-day moving average price is $224.90. Take-Two Interactive Software, Inc. has a one year low of $187.63 and a one year high of $264.79.

Insider Activity

In other news, Director Michael Dornemann sold 1,390 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $213.09, for a total transaction of $296,195.10. Following the sale, the director owned 21,525 shares of the company’s stock, valued at approximately $4,586,762.25. The trade was a 6.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ellen F. Siminoff sold 413 shares of Take-Two Interactive Software stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $207.66, for a total transaction of $85,763.58. Following the sale, the director directly owned 2,000 shares in the company, valued at approximately $415,320. The trade was a 17.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 133,026 shares of company stock worth $29,057,428 in the last 90 days. 1.34% of the stock is owned by corporate insiders.

About Take-Two Interactive Software

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.