Erste Asset Management GmbH Takes Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Erste Asset Management GmbH acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 31,210 shares of the company’s stock, valued at approximately $4,777,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Massachusetts Financial Services Co. MA lifted its position 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. Ameriprise Financial Inc. raised its position in shares of 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 buying an additional 666,198 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Take-Two Interactive Software by 10.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock worth $651,817,000 after acquiring an additional 417,325 shares during the period. 1832 Asset Management L.P. boosted its position in shares of Take-Two Interactive Software by 49.9% during the 2nd 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. Finally, Ninety One UK Ltd increased 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. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Buying and Selling at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction on Friday, November 8th. The shares were 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 in the company, valued at $1,736,515.64. The trade was a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Trading Down 0.2 %

Shares of TTWO stock opened at $187.95 on Tuesday. The stock has a 50-day moving average of $165.66 and a 200-day moving average of $158.00. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $190.43.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Roth Mkm upped their target price 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. Wedbush restated an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a research report on Thursday, November 7th. TD Cowen lifted their target price on Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. Robert W. Baird increased their target price on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Finally, HSBC raised shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price target on the stock in a report on Monday, August 12th. Two investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $191.75.

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.