Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Acquired by Stanley Laman Group Ltd.

Stanley Laman Group Ltd. grew its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 35,261 shares of the company’s stock after purchasing an additional 340 shares during the period. Take-Two Interactive Software comprises 0.9% of Stanley Laman Group Ltd.’s investment portfolio, making the stock its 20th biggest position. Stanley Laman Group Ltd.’s holdings in Take-Two Interactive Software were worth $6,491,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. State Street Corp increased its stake in shares of Take-Two Interactive Software by 8.8% in the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company’s stock valued at $1,675,241,000 after purchasing an additional 880,816 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Take-Two Interactive Software by 13.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock valued at $828,994,000 after purchasing an additional 648,982 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in shares of Take-Two Interactive Software by 1,780.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company’s stock valued at $70,807,000 after purchasing an additional 436,150 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Take-Two Interactive Software by 10.9% in 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. Finally, Geode Capital Management LLC increased its stake in shares of Take-Two Interactive Software by 3.5% in the 3rd quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock valued at $614,511,000 after purchasing an additional 134,767 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

TTWO opened at $209.18 on Thursday. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $215.84. The business’s 50 day moving average price is $187.29 and its 200 day moving average price is $169.86. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53.

Wall Street Analysts Forecast Growth

Several research firms have commented on TTWO. Stifel Nicolaus boosted their price objective on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research note on Tuesday, January 21st. Roth Mkm boosted their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Citigroup boosted their price objective on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average price target of $208.47.

Insider Activity at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total value of $145,796.28. Following the transaction, the insider now directly owns 149,379 shares in the company, valued at approximately $28,029,475.56. This represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.45% 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. 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.