Take-Two Interactive Software, Inc. $TTWO Position Increased by MUFG Securities EMEA plc

MUFG Securities EMEA plc raised its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 651.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 24,933 shares of the company’s stock after buying an additional 21,614 shares during the period. MUFG Securities EMEA plc’s holdings in Take-Two Interactive Software were worth $6,384,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. GHP Investment Advisors Inc. purchased a new stake in Take-Two Interactive Software during the fourth quarter valued at about $28,000. Rachor Investment Advisory Services LLC purchased a new stake in shares of Take-Two Interactive Software in the fourth quarter worth approximately $34,000. True Wealth Design LLC lifted its position in shares of Take-Two Interactive Software by 91.9% in the fourth quarter. True Wealth Design LLC now owns 142 shares of the company’s stock worth $36,000 after purchasing an additional 68 shares in the last quarter. AlphaQuest LLC purchased a new stake in shares of Take-Two Interactive Software in the third quarter worth approximately $41,000. Finally, Morse Asset Management Inc lifted its position in shares of Take-Two Interactive Software by 117.3% in the fourth quarter. Morse Asset Management Inc now owns 163 shares of the company’s stock worth $42,000 after purchasing an additional 88 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Take-Two Interactive Software news, Director Ellen F. Siminoff sold 413 shares of Take-Two Interactive Software stock in a transaction 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 owned 2,000 shares in the company, valued at $415,320. The trade was a 17.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Strauss Zelnick sold 70,000 shares of Take-Two Interactive Software stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $222.20, for a total transaction of $15,554,000.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 80,162 shares of company stock worth $17,724,140 over the last 90 days. Corporate insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Price Performance

TTWO opened at $224.16 on Monday. Take-Two Interactive Software, Inc. has a fifty-two week low of $187.63 and a fifty-two week high of $264.79. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.24 and a quick ratio of 1.24. The firm’s fifty day moving average price is $213.37 and its two-hundred day moving average price is $224.84. The company has a market capitalization of $41.62 billion, a P/E ratio of -138.37, a P/E/G ratio of 3.42 and a beta of 0.98.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Wells Fargo & Company reduced their price target on shares of Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating for the company in a research report on Friday, May 22nd. DA Davidson reissued a “buy” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research report on Wednesday, February 4th. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a research report on Friday, May 22nd. Zacks Research lowered shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 12th. Finally, Wedbush reissued an “outperform” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $287.53.

Take-Two Interactive Software Company Profile

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.