iA Global Asset Management Inc. Buys 55,688 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

iA Global Asset Management Inc. lifted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 347.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 71,716 shares of the company’s stock after purchasing an additional 55,688 shares during the period. iA Global Asset Management Inc.’s holdings in Take-Two Interactive Software were worth $11,151,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of TTWO. TD Asset Management Inc boosted its stake in shares of Take-Two Interactive Software by 269.8% in the 4th quarter. TD Asset Management Inc now owns 495,177 shares of the company’s stock valued at $79,699,000 after purchasing an additional 361,273 shares during the last quarter. Secured Retirement Advisors LLC acquired a new stake in Take-Two Interactive Software during the 4th quarter worth $953,000. Nordea Investment Management AB raised its position in shares of Take-Two Interactive Software by 3.5% during the 1st quarter. Nordea Investment Management AB now owns 731,045 shares of the company’s stock valued at $109,182,000 after acquiring an additional 24,723 shares during the last quarter. QRG Capital Management Inc. boosted its position in shares of Take-Two Interactive Software by 169.7% in the 1st quarter. QRG Capital Management Inc. now owns 14,425 shares of the company’s stock worth $2,142,000 after purchasing an additional 9,076 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in shares of Take-Two Interactive Software by 421.0% during the fourth quarter. Wellington Management Group LLP now owns 327,006 shares of the company’s stock worth $52,632,000 after purchasing an additional 264,244 shares during the period. Institutional investors own 95.46% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on TTWO shares. HSBC upgraded Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 target price on the stock in a report on Monday, August 12th. Hsbc Global Res raised shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 12th. BMO Capital Markets reiterated an “outperform” rating and set a $185.00 target price on shares of Take-Two Interactive Software in a report on Tuesday, July 30th. JPMorgan Chase & Co. boosted their price target on Take-Two Interactive Software from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, June 6th. Finally, Robert W. Baird decreased their price objective on Take-Two Interactive Software from $173.00 to $172.00 and set an “outperform” rating for the company in a report on Monday, May 20th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $182.82.

Take-Two Interactive Software Trading Up 0.8 %

Shares of NASDAQ:TTWO opened at $161.71 on Friday. The business’s 50 day simple moving average is $151.69 and its 200 day simple moving average is $150.76. Take-Two Interactive Software, Inc. has a 1 year low of $130.34 and a 1 year high of $171.59. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.90 and a quick ratio of 0.90. The company has a market capitalization of $28.34 billion, a P/E ratio of -7.36, a P/E/G ratio of 4.63 and a beta of 0.84.

Insider Transactions at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 191 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $149.83, for a total value of $28,617.53. Following the completion of the transaction, the director now directly owns 64,378 shares in the company, valued at approximately $9,645,755.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.37% of the stock is currently owned by insiders.

Take-Two Interactive Software Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.