Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Purchased by QRG Capital Management Inc.

QRG Capital Management Inc. boosted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 6.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,353 shares of the company’s stock after buying an additional 1,176 shares during the period. QRG Capital Management Inc.’s holdings in Take-Two Interactive Software were worth $3,563,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TTWO. abrdn plc raised its position in shares of Take-Two Interactive Software by 16.4% in the 3rd quarter. abrdn plc now owns 55,847 shares of the company’s stock valued at $8,514,000 after purchasing an additional 7,864 shares during the last quarter. First Trust Direct Indexing L.P. increased its stake in Take-Two Interactive Software by 27.4% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 4,163 shares of the company’s stock valued at $640,000 after purchasing an additional 895 shares in the last quarter. US Bancorp DE raised its holdings in shares of Take-Two Interactive Software by 4.4% in the third quarter. US Bancorp DE now owns 33,389 shares of the company’s stock worth $5,132,000 after buying an additional 1,394 shares during the last quarter. Stephens Inc. AR lifted its stake in shares of Take-Two Interactive Software by 5.0% during the third quarter. Stephens Inc. AR now owns 4,937 shares of the company’s stock worth $759,000 after buying an additional 236 shares during the period. Finally, Asset Management One Co. Ltd. grew its holdings in shares of Take-Two Interactive Software by 10.9% during the third quarter. Asset Management One Co. Ltd. now owns 65,941 shares of the company’s stock valued at $10,136,000 after buying an additional 6,476 shares during the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $211.98 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The company has a 50-day moving average price of $193.26 and a 200 day moving average price of $175.48. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $218.75. The stock has a market cap of $37.41 billion, a P/E ratio of -9.94, a PEG ratio of 6.83 and a beta of 0.89.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on TTWO shares. Morgan Stanley raised their target price on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $175.00 to $230.00 in a report on Monday, January 27th. Oppenheimer upped their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, January 21st. Benchmark reissued a “buy” rating and set a $225.00 price target (up from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Finally, Wedbush restated an “outperform” rating and set a $215.00 price objective on shares of Take-Two Interactive Software in a research note on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $210.55.

Insider Activity at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 777 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the sale, the insider now directly owns 149,379 shares of the company’s stock, valued at approximately $28,029,475.56. This trade represents a 0.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.45% of the stock is currently owned by insiders.

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.