Asset Allocation & Management Company LLC Acquires Shares of 1,372 Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Asset Allocation & Management Company LLC acquired a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,372 shares of the company’s stock, valued at approximately $253,000.

Several other institutional investors also recently bought and sold shares of TTWO. State Street Corp lifted its position in shares of Take-Two Interactive Software by 8.8% in the third quarter. State Street Corp now owns 10,899,267 shares of the company’s stock valued at $1,675,241,000 after acquiring an additional 880,816 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Take-Two Interactive Software by 13.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock valued at $828,994,000 after acquiring an additional 648,982 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Take-Two Interactive Software by 17.6% in the second quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company’s stock valued at $694,173,000 after acquiring an additional 666,198 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Take-Two Interactive Software by 10.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock worth $651,817,000 after buying an additional 417,325 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Take-Two Interactive Software by 3.5% during the third quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after buying an additional 134,767 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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

Take-Two Interactive Software Stock Down 0.2 %

TTWO traded down $0.28 on Monday, hitting $178.33. 249,579 shares of the company were exchanged, compared to its average volume of 1,429,528. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $192.14. The company has a market cap of $31.32 billion, a price-to-earnings ratio of -8.43, a price-to-earnings-growth ratio of 5.76 and a beta of 0.89. 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 firm has a 50-day moving average price of $183.72 and a two-hundred day moving average price of $163.95.

Wall Street Analyst Weigh In

TTWO has been the topic of a number of analyst reports. Oppenheimer lifted their price objective on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Citigroup lifted their price objective on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. The Goldman Sachs Group raised their target price on Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Robert W. Baird raised their target price on Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Finally, StockNews.com raised Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Three analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and an average price target of $197.58.

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.