Brown Brothers Harriman & Co. Increases Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Brown Brothers Harriman & Co. increased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 27.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 218,319 shares of the company’s stock after acquiring an additional 47,226 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in Take-Two Interactive Software were worth $33,558,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC increased its stake in shares of Take-Two Interactive Software by 9.3% during the first quarter. O Shaughnessy Asset Management LLC now owns 4,906 shares of the company’s stock worth $728,000 after purchasing an additional 417 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Take-Two Interactive Software by 15.1% during the first quarter. Advisors Asset Management Inc. now owns 945 shares of the company’s stock valued at $140,000 after acquiring an additional 124 shares during the last quarter. BOKF NA lifted its position in shares of Take-Two Interactive Software by 466.7% in the first quarter. BOKF NA now owns 272 shares of the company’s stock valued at $41,000 after acquiring an additional 224 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Take-Two Interactive Software by 1.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 260,196 shares of the company’s stock valued at $38,637,000 after acquiring an additional 3,583 shares in the last quarter. Finally, Dynasty Wealth Management LLC purchased a new stake in shares of Take-Two Interactive Software during the first quarter worth approximately $234,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on TTWO. Wedbush restated an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a report on Thursday, November 7th. Redburn Atlantic initiated coverage on shares of Take-Two Interactive Software in a research report on Thursday, August 29th. They set a “buy” rating and a $194.00 price target on the stock. UBS Group increased their price objective on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. TD Cowen boosted their target price on Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a report on Friday. Finally, The Goldman Sachs Group increased their price target on Take-Two Interactive Software from $186.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Two research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $191.75.

Take-Two Interactive Software Stock Up 0.8 %

NASDAQ:TTWO opened at $188.15 on Monday. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $188.45. The stock’s fifty day moving average is $162.18 and its two-hundred day moving average is $156.55. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85.

Insider Activity at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software 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 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 document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.45% of the company’s stock.

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.