Massachusetts Financial Services Co. MA Has $828.99 Million Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Massachusetts Financial Services Co. MA increased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 13.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,393,233 shares of the company’s stock after acquiring an additional 648,982 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Take-Two Interactive Software were worth $828,994,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in TTWO. Ninety One UK Ltd boosted its holdings in Take-Two Interactive Software by 473.2% during the 2nd quarter. Ninety One UK Ltd now owns 1,269,428 shares of the company’s stock worth $197,383,000 after acquiring an additional 1,047,979 shares during the last quarter. Point72 Asset Management L.P. lifted its position in shares of Take-Two Interactive Software by 3,786.4% during the second quarter. Point72 Asset Management L.P. now owns 826,048 shares of the company’s stock valued at $128,442,000 after purchasing an additional 804,793 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in Take-Two Interactive Software by 17.6% during the second quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company’s stock worth $694,173,000 after purchasing an additional 666,198 shares during the last quarter. 1832 Asset Management L.P. grew its position in Take-Two Interactive Software by 49.9% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,619,380 shares of the company’s stock worth $251,797,000 after purchasing an additional 538,906 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in 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 buying an additional 436,150 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.

Insider Transactions at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the company’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 transaction, the director now directly owns 9,692 shares in the company, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO opened at $186.63 on Friday. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $187.31. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The stock has a market cap of $32.78 billion, a P/E ratio of -8.82, a P/E/G ratio of 5.61 and a beta of 0.85. The company has a 50 day moving average of $161.46 and a 200 day moving average of $156.14.

Analyst Upgrades and Downgrades

TTWO has been the subject of several recent analyst reports. JPMorgan Chase & Co. reduced their target price on Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating for the company in a report on Tuesday, October 22nd. Robert W. Baird raised their target price on Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Roth Mkm boosted their price target on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Tuesday. Wedbush restated an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a report on Thursday, November 7th. Finally, HSBC raised shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price objective on the stock in a research report on Monday, August 12th. Two analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average target price of $190.00.

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.