Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 14.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 381,994 shares of the company’s stock after purchasing an additional 49,073 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Take-Two Interactive Software were worth $70,593,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Swiss National Bank raised its position in shares of Take-Two Interactive Software by 2.7% during the 3rd 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 last quarter. CIBC Asset Management Inc raised its holdings in Take-Two Interactive Software by 9.1% in the 3rd quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock valued at $8,200,000 after acquiring an additional 4,456 shares during the last quarter. Paloma Partners Management Co acquired a new stake in Take-Two Interactive Software in the 3rd quarter valued at about $20,290,000. Fiduciary Alliance LLC acquired a new stake in Take-Two Interactive Software in the 4th quarter valued at about $734,000. Finally, Sumitomo Mitsui Trust Group Inc. raised its holdings in Take-Two Interactive Software by 2.8% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company’s stock valued at $61,928,000 after acquiring an additional 10,837 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $179.17, for a total value of $358,340.00. Following the completion of the transaction, the director now owns 9,692 shares of the company’s stock, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Daniel P. Emerson sold 777 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the transaction, the insider now directly owns 149,379 shares of the company’s stock, valued at $28,029,475.56. This represents a 0.52 % decrease in their position. The disclosure for this sale can be found here. 1.45% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have commented on TTWO. The Goldman Sachs Group increased 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 report on Thursday, November 7th. Robert W. Baird increased their price objective on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. BMO Capital Markets reiterated an “outperform” rating and issued a $240.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. StockNews.com raised shares of Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Finally, Roth Mkm increased their price target on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Two research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus price target of $204.06.

Take-Two Interactive Software Trading Down 1.4 %

NASDAQ:TTWO opened at $183.54 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $192.50. The company has a 50 day moving average price of $185.60 and a 200 day moving average price of $167.87.

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.