Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Purchased by Circle Wealth Management LLC

Circle Wealth Management LLC raised its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 109.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,061 shares of the company’s stock after buying an additional 4,739 shares during the period. Circle Wealth Management LLC’s holdings in Take-Two Interactive Software were worth $1,393,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of TTWO. Swiss National Bank increased its stake in Take-Two Interactive Software by 2.7% during the third quarter. Swiss National Bank now owns 493,508 shares of the company’s stock worth $75,857,000 after purchasing an additional 13,200 shares during the period. CIBC Asset Management Inc grew its holdings in shares of 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 purchasing an additional 4,456 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in Take-Two Interactive Software by 2.8% during the 3rd 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 lifted its holdings in Take-Two Interactive Software by 28.6% during the 3rd quarter. WCM Investment Management LLC now owns 12,895 shares of the company’s stock worth $1,974,000 after buying an additional 2,867 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in 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 buying an additional 10,491 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Up 1.5 %

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

Insider Activity

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction dated Friday, November 8th. The shares were 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 owns 9,692 shares in the company, 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 legal filing with the SEC, which is accessible through this link. Insiders own 1.45% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Robert W. Baird upped their price objective on Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Benchmark boosted their price objective on Take-Two Interactive Software from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, August 21st. HSBC upgraded shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price target for the company in a report on Monday, August 12th. Wedbush reaffirmed an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a research report on Thursday, November 7th. Finally, Redburn Atlantic initiated coverage on shares of Take-Two Interactive Software in a research note on Thursday, August 29th. They set a “buy” rating and a $194.00 target price for the company. Two equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $191.75.

Take-Two Interactive Software 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.