PNC Financial Services Group Inc. Buys 1,413 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

PNC Financial Services Group Inc. increased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 7.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 21,649 shares of the company’s stock after acquiring an additional 1,413 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Take-Two Interactive Software were worth $3,328,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Hartford Investment Management Co. grew its stake in shares of Take-Two Interactive Software by 0.7% during the third quarter. Hartford Investment Management Co. now owns 10,255 shares of the company’s stock valued at $1,576,000 after purchasing an additional 74 shares during the last quarter. Huntington National Bank boosted its stake in Take-Two Interactive Software by 9.3% in the third quarter. Huntington National Bank now owns 896 shares of the company’s stock valued at $138,000 after acquiring an additional 76 shares during the last quarter. Chicago Capital LLC boosted its stake in Take-Two Interactive Software by 2.9% in the third quarter. Chicago Capital LLC now owns 2,983 shares of the company’s stock valued at $459,000 after acquiring an additional 85 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its stake in Take-Two Interactive Software by 15.3% in the second quarter. Massmutual Trust Co. FSB ADV now owns 685 shares of the company’s stock valued at $107,000 after acquiring an additional 91 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in Take-Two Interactive Software by 5.7% in the third quarter. GAMMA Investing LLC now owns 1,709 shares of the company’s stock valued at $263,000 after acquiring an additional 92 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TTWO has been the topic of a number of recent analyst reports. Benchmark lifted their price target on shares of Take-Two Interactive Software from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, August 21st. Bank of America reissued a “buy” rating and set a $185.00 price target on shares of Take-Two Interactive Software in a research report on Wednesday, August 21st. UBS Group lifted their price target on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. The Goldman Sachs Group lifted their price target on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Finally, BMO Capital Markets lifted their price target on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a research 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. Based on data from MarketBeat.com, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and a consensus target price of $191.75.

Take-Two Interactive Software Stock Up 0.8 %

Shares of TTWO stock opened at $188.15 on Monday. The firm has a market capitalization of $33.04 billion, a P/E ratio of -8.89, a PEG ratio of 5.67 and a beta of 0.85. The firm’s fifty day moving average price is $162.18 and its two-hundred day moving average price is $156.55. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $188.45. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53.

Insider Transactions at Take-Two Interactive Software

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

Take-Two Interactive Software 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.