Ninety One SA PTY Ltd Has $7.06 Million Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Ninety One SA PTY Ltd boosted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 38,331 shares of the company’s stock after purchasing an additional 1,764 shares during the quarter. Take-Two Interactive Software accounts for about 1.6% of Ninety One SA PTY Ltd’s portfolio, making the stock its 20th largest holding. Ninety One SA PTY Ltd’s holdings in Take-Two Interactive Software were worth $7,056,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. AQR Capital Management LLC increased its holdings in shares of Take-Two Interactive Software by 5.9% during the second quarter. AQR Capital Management LLC now owns 19,265 shares of the company’s stock worth $2,996,000 after purchasing an additional 1,078 shares during the period. Cetera Investment Advisers increased its stake in Take-Two Interactive Software by 12.8% during the 2nd quarter. Cetera Investment Advisers now owns 14,987 shares of the company’s stock worth $2,330,000 after acquiring an additional 1,706 shares during the period. Sanctuary Advisors LLC acquired a new position in Take-Two Interactive Software in the 2nd quarter valued at $638,000. Handelsbanken Fonder AB lifted its position in shares of Take-Two Interactive Software by 4.2% during the 3rd quarter. Handelsbanken Fonder AB now owns 37,263 shares of the company’s stock valued at $5,728,000 after acquiring an additional 1,499 shares during the period. Finally, Czech National Bank grew its holdings in shares of Take-Two Interactive Software by 9.7% during the 3rd quarter. Czech National Bank now owns 33,207 shares of the company’s stock worth $5,104,000 after purchasing an additional 2,948 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Insider Buying and Selling at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the transaction, the insider now owns 149,379 shares in the company, valued at $28,029,475.56. The trade was a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the sale, the director now owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock opened at $183.54 on Wednesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $192.50. The company’s fifty day moving average is $185.60 and its 200 day moving average is $167.87.

Analysts Set New Price Targets

A number of research analysts recently commented on TTWO shares. Morgan Stanley boosted their price target on 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. UBS Group raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and upped their price target for the stock from $175.00 to $230.00 in a report on Monday, January 27th. The Goldman Sachs Group lifted their price objective on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. TD Cowen boosted their price objective on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. Finally, Citigroup raised their target price on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Two research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and an average price target of $204.06.

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.