Infusive Asset Management Inc. Purchases New Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Infusive Asset Management Inc. acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,260 shares of the company’s stock, valued at approximately $1,731,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Northwest & Ethical Investments L.P. lifted its holdings in Take-Two Interactive Software by 37.5% during the 3rd quarter. Northwest & Ethical Investments L.P. now owns 733 shares of the company’s stock worth $113,000 after buying an additional 200 shares in the last quarter. Public Sector Pension Investment Board raised its stake in Take-Two Interactive Software by 19.6% during the 3rd quarter. Public Sector Pension Investment Board now owns 6,719 shares of the company’s stock worth $1,033,000 after buying an additional 1,100 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Take-Two Interactive Software by 10.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock valued at $651,817,000 after purchasing an additional 417,325 shares in the last quarter. Fiduciary Trust Co boosted its holdings in shares of Take-Two Interactive Software by 20.2% in the third quarter. Fiduciary Trust Co now owns 3,547 shares of the company’s stock valued at $545,000 after buying an additional 596 shares during the period. Finally, Townsquare Capital LLC boosted its stake in Take-Two Interactive Software by 5.2% in the 3rd quarter. Townsquare Capital LLC now owns 25,210 shares of the company’s stock worth $3,875,000 after purchasing an additional 1,237 shares during the period. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Down 1.2 %

NASDAQ TTWO opened at $185.56 on Friday. The business’s 50-day moving average price is $164.23 and its two-hundred day moving average price is $157.34. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $190.43.

Insider Activity

In other Take-Two Interactive Software 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 value of $358,340.00. Following the transaction, the director now directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.45% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Wedbush restated an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Thursday, November 7th. Benchmark raised their price target on Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a report on Wednesday, August 21st. Oppenheimer raised their target price on shares of 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. UBS Group upped their price target on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Finally, HSBC raised Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 target price on the stock in a research report on Monday, August 12th. Two investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Take-Two Interactive Software currently has a consensus 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.