Charles Schwab Investment Management Inc. Raises Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Charles Schwab Investment Management Inc. raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,013,398 shares of the company’s stock after purchasing an additional 40,710 shares during the period. Charles Schwab Investment Management Inc. owned 0.58% of Take-Two Interactive Software worth $155,769,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA raised its stake in shares of Take-Two Interactive Software by 13.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after acquiring an additional 648,982 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in Take-Two Interactive Software by 6.3% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 118,108 shares of the company’s stock worth $18,154,000 after purchasing an additional 7,006 shares during the last quarter. Commerce Bank increased its position in shares of Take-Two Interactive Software by 2.1% during the third quarter. Commerce Bank now owns 24,928 shares of the company’s stock worth $3,832,000 after purchasing an additional 514 shares in the last quarter. Avior Wealth Management LLC lifted its holdings in shares of Take-Two Interactive Software by 5.9% during the 3rd quarter. Avior Wealth Management LLC now owns 1,622 shares of the company’s stock valued at $249,000 after purchasing an additional 91 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in shares of Take-Two Interactive Software by 7.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 21,649 shares of the company’s stock worth $3,328,000 after purchasing an additional 1,413 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of the sale, the director now directly owns 9,692 shares in the company, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $188.15 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a market capitalization of $33.04 billion, a PE ratio of -8.89, a P/E/G ratio of 5.67 and a beta of 0.85. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $188.45. The company has a fifty day moving average of $162.18 and a two-hundred day moving average of $156.55.

Analyst Ratings Changes

A number of research firms have commented on TTWO. HSBC upgraded Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price target for the company in a research note on Monday, August 12th. JPMorgan Chase & Co. lowered their target price on shares of Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating for the company in a research note on Tuesday, October 22nd. BMO Capital Markets raised their target price on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Roth Mkm raised their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Finally, Morgan Stanley upped their target price on Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Two investment 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 company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $191.75.

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.