Metis Global Partners LLC Raises Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Metis Global Partners LLC boosted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 5.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,853 shares of the company’s stock after buying an additional 285 shares during the period. Metis Global Partners LLC’s holdings in Take-Two Interactive Software were worth $900,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Ninety One UK Ltd grew 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 purchasing an additional 1,047,979 shares during the last quarter. 1832 Asset Management L.P. boosted its holdings in shares of Take-Two Interactive Software by 2,224.9% in the 1st quarter. 1832 Asset Management L.P. now owns 1,080,474 shares of the company’s stock valued at $160,440,000 after buying an additional 1,034,000 shares in the last quarter. Point72 Asset Management L.P. boosted its holdings in shares of Take-Two Interactive Software by 3,786.4% in the 2nd quarter. Point72 Asset Management L.P. now owns 826,048 shares of the company’s stock valued at $128,442,000 after buying an additional 804,793 shares in the last quarter. Ameriprise Financial Inc. grew 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 worth $694,173,000 after buying an additional 666,198 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in shares of Take-Two Interactive Software by 1,780.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company’s stock worth $70,807,000 after acquiring an additional 436,150 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Insider Activity

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the sale, the director now owns 9,692 shares of the company’s stock, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.45% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on TTWO shares. Morgan Stanley raised their target price on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Hsbc Global Res upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, August 12th. Roth Mkm boosted their target price on Take-Two Interactive Software from $180.00 to $182.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Robert W. Baird increased their price target on Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Finally, Oppenheimer raised their price target on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Two research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $188.70.

Take-Two Interactive Software Trading Down 2.1 %

NASDAQ TTWO opened at $177.62 on Monday. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $182.62. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $31.20 billion, a PE ratio of -8.39, a P/E/G ratio of 5.35 and a beta of 0.85. The company has a fifty day moving average of $158.99 and a 200 day moving average of $155.16.

Take-Two Interactive Software Company 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.