Take-Two Interactive Software, Inc. $TTWO Shares Purchased by PKO Investment Management Joint Stock Co

PKO Investment Management Joint Stock Co increased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 100.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,000 shares of the company’s stock after buying an additional 6,000 shares during the period. PKO Investment Management Joint Stock Co’s holdings in Take-Two Interactive Software were worth $2,370,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in shares of Take-Two Interactive Software by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 21,868,194 shares of the company’s stock worth $5,598,914,000 after acquiring an additional 166,661 shares in the last quarter. State Street Corp increased its position in shares of Take-Two Interactive Software by 3.5% during the fourth quarter. State Street Corp now owns 11,402,978 shares of the company’s stock worth $2,919,362,000 after acquiring an additional 390,331 shares during the period. Geode Capital Management LLC raised its stake in shares of Take-Two Interactive Software by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 4,869,112 shares of the company’s stock valued at $1,242,204,000 after acquiring an additional 60,893 shares in the last quarter. Invesco Ltd. raised its stake in shares of Take-Two Interactive Software by 0.6% in the fourth quarter. Invesco Ltd. now owns 2,889,144 shares of the company’s stock valued at $739,707,000 after acquiring an additional 16,758 shares in the last quarter. Finally, Norges Bank purchased a new position in Take-Two Interactive Software in the fourth quarter valued at $735,389,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $239.57 on Tuesday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.71. The firm has a fifty day moving average price of $221.20 and a 200 day moving average price of $222.72. The company has a market cap of $44.48 billion, a P/E ratio of -147.88, a PEG ratio of 4.73 and a beta of 0.98. Take-Two Interactive Software, Inc. has a 12 month low of $187.63 and a 12 month high of $264.79.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Jon J. Moses sold 500 shares of Take-Two Interactive Software stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $215.22, for a total transaction of $107,610.00. Following the completion of the sale, the director directly owned 22,368 shares of the company’s stock, valued at $4,814,040.96. The trade was a 2.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Michael Dornemann sold 1,151 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $217.02, for a total value of $249,790.02. Following the transaction, the director directly owned 20,374 shares of the company’s stock, valued at approximately $4,421,565.48. This represents a 5.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 569,515 shares of company stock worth $128,310,552 over the last three months. Company insiders own 1.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Piper Sandler reissued an “overweight” rating on shares of Take-Two Interactive Software in a research note on Tuesday, June 16th. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research report on Friday, May 22nd. Wells Fargo & Company decreased their price objective on Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating for the company in a research note on Friday, May 22nd. DA Davidson reissued a “buy” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Monday, June 15th. Finally, Wedbush restated an “outperform” rating and set a $300.00 target price on shares of Take-Two Interactive Software in a research note on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and a consensus price target of $287.06.

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.