Bank of New York Mellon Corp boosted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.0% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,133,077 shares of the company’s stock after acquiring an additional 44,101 shares during the quarter. Bank of New York Mellon Corp owned 1.07% of Take-Two Interactive Software worth $115,833,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Sigma Planning Corp bought a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at about $231,000. Capital Management Associates NY bought a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at about $613,000. TCW Group Inc. increased its position in shares of Take-Two Interactive Software by 1.5% during the 3rd quarter. TCW Group Inc. now owns 250,536 shares of the company’s stock valued at $25,613,000 after purchasing an additional 3,781 shares during the last quarter. Teacher Retirement System of Texas increased its position in shares of Take-Two Interactive Software by 0.3% during the 3rd quarter. Teacher Retirement System of Texas now owns 183,981 shares of the company’s stock valued at $18,808,000 after purchasing an additional 562 shares during the last quarter. Finally, Rhumbline Advisers increased its position in shares of Take-Two Interactive Software by 17.9% during the 3rd quarter. Rhumbline Advisers now owns 244,315 shares of the company’s stock valued at $24,976,000 after purchasing an additional 37,056 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

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In other Take-Two Interactive Software news, CFO Lainie Goldstein sold 30,000 shares of the stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $115.54, for a total value of $3,466,200.00. Following the completion of the sale, the chief financial officer now owns 351,019 shares in the company, valued at approximately $40,556,735.26. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Strauss Zelnick sold 31,004 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $116.49, for a total value of $3,611,655.96. The disclosure for this sale can be found here. In the last quarter, insiders sold 66,504 shares of company stock valued at $7,729,606. Company insiders own 1.55% of the company’s stock.

Shares of Take-Two Interactive Software, Inc. (TTWO) opened at $117.94 on Friday. Take-Two Interactive Software, Inc. has a fifty-two week low of $46.27 and a fifty-two week high of $120.62. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.33 and a quick ratio of 1.31. The firm has a market capitalization of $13,451.42, a P/E ratio of 46.07, a price-to-earnings-growth ratio of 3.42 and a beta of 0.82.

Several equities analysts recently issued reports on TTWO shares. Benchmark Co. restated a “buy” rating and set a $110.00 price target (up from $100.00) on shares of Take-Two Interactive Software in a research report on Saturday, September 16th. MKM Partners raised their price target on Take-Two Interactive Software from $97.00 to $122.00 and gave the stock a “buy” rating in a research report on Monday, October 30th. BMO Capital Markets raised their price target on Take-Two Interactive Software from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Monday, November 13th. Barclays PLC started coverage on Take-Two Interactive Software in a research report on Wednesday, October 4th. They set an “overweight” rating and a $115.00 price target on the stock. Finally, Stifel Nicolaus restated a “buy” rating and set a $105.00 price target on shares of Take-Two Interactive Software in a research report on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $112.90.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.

Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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