Vinva Investment Management Ltd Invests $2.54 Million in Take-Two Interactive Software, Inc. $TTWO

Vinva Investment Management Ltd bought a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 9,781 shares of the company’s stock, valued at approximately $2,543,000.

Other institutional investors have also added to or reduced their stakes in the company. Private Trust Co. NA raised its position in shares of Take-Two Interactive Software by 27.1% during the third quarter. Private Trust Co. NA now owns 183 shares of the company’s stock worth $47,000 after purchasing an additional 39 shares during the period. Miracle Mile Advisors LLC raised its holdings in Take-Two Interactive Software by 0.5% during the third quarter. Miracle Mile Advisors LLC now owns 7,727 shares of the company’s stock worth $1,996,000 after buying an additional 39 shares during the last quarter. Mather Group LLC. lifted its stake in shares of Take-Two Interactive Software by 2.7% in the third quarter. Mather Group LLC. now owns 1,484 shares of the company’s stock valued at $383,000 after buying an additional 39 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Take-Two Interactive Software by 42.9% during the third quarter. Blue Trust Inc. now owns 150 shares of the company’s stock valued at $39,000 after buying an additional 45 shares during the last quarter. Finally, STF Management LP increased its position in shares of Take-Two Interactive Software by 1.8% during the second quarter. STF Management LP now owns 2,616 shares of the company’s stock worth $635,000 after acquiring an additional 46 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Up 1.5%

TTWO stock opened at $214.63 on Tuesday. The stock has a market cap of $39.75 billion, a P/E ratio of -9.59, a P/E/G ratio of 8.66 and a beta of 0.94. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.71. The stock’s fifty day simple moving average is $225.03 and its two-hundred day simple moving average is $239.58. Take-Two Interactive Software, Inc. has a 1-year low of $188.56 and a 1-year high of $264.79.

Insider Buying and Selling

In related news, Director Ellen F. Siminoff sold 414 shares of the stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $245.48, for a total transaction of $101,628.72. Following the completion of the transaction, the director owned 2,429 shares in the company, valued at approximately $596,270.92. This represents a 14.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Dornemann sold 1,390 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was 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 $4,586,762.25. This trade represents a 6.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 64,880 shares of company stock worth $13,908,337 in the last ninety days. Corporate insiders own 1.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on TTWO shares. TD Cowen reiterated a “buy” rating on shares of Take-Two Interactive Software in a research note on Tuesday, November 25th. Raymond James Financial raised 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 research report on Tuesday, February 10th. Zacks Research cut Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Take-Two Interactive Software in a report on Wednesday, January 21st. Finally, DA Davidson reiterated a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $284.44.

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.