Townsquare Capital LLC Boosts Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Townsquare Capital LLC grew its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 5.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 25,210 shares of the company’s stock after buying an additional 1,237 shares during the period. Townsquare Capital LLC’s holdings in Take-Two Interactive Software were worth $3,875,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in TTWO. Swiss National Bank lifted its stake in shares of Take-Two Interactive Software by 2.7% in the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company’s stock valued at $75,857,000 after purchasing an additional 13,200 shares in the last quarter. CIBC Asset Management Inc raised its holdings in Take-Two Interactive Software by 9.1% in the third quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock valued at $8,200,000 after buying an additional 4,456 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its stake in Take-Two Interactive Software by 2.8% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company’s stock worth $61,928,000 after buying an additional 10,837 shares during the period. WCM Investment Management LLC increased its position in shares of Take-Two Interactive Software by 28.6% in the third quarter. WCM Investment Management LLC now owns 12,895 shares of the company’s stock worth $1,974,000 after acquiring an additional 2,867 shares in the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of Take-Two Interactive Software by 5.9% in the 3rd quarter. Principal Financial Group Inc. now owns 189,496 shares of the company’s stock valued at $29,127,000 after acquiring an additional 10,491 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the company’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 transaction, the director now directly owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.45% of the stock is currently owned by company insiders.

Analyst Ratings Changes

TTWO has been the subject of a number of research reports. TD Cowen upped their price target on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. HSBC upgraded Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 target price for the company in a research note on Monday, August 12th. Morgan Stanley boosted their price target on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. UBS Group increased their price objective on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Finally, Wedbush reissued an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software 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 issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $191.75.

Take-Two Interactive Software Price Performance

Shares of TTWO opened at $188.38 on Friday. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $190.43. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The firm has a market cap of $33.08 billion, a price-to-earnings ratio of -8.90, a PEG ratio of 5.59 and a beta of 0.85. The stock has a 50 day moving average of $164.87 and a 200-day moving average of $157.54.

About Take-Two Interactive Software

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.