Victory Capital Management Inc. Buys 44,675 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Victory Capital Management Inc. lifted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 13.5% during the third quarter, Holdings Channel.com reports. The firm owned 374,557 shares of the company’s stock after acquiring an additional 44,675 shares during the period. Victory Capital Management Inc.’s holdings in Take-Two Interactive Software were worth $57,573,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Crewe Advisors LLC raised its stake in Take-Two Interactive Software by 297.9% during the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock worth $30,000 after buying an additional 143 shares during the period. UMB Bank n.a. increased its holdings in shares of Take-Two Interactive Software by 155.1% during the second quarter. UMB Bank n.a. now owns 199 shares of the company’s stock valued at $31,000 after acquiring an additional 121 shares in the last quarter. HHM Wealth Advisors LLC acquired a new position in shares of Take-Two Interactive Software during the second quarter worth approximately $37,000. Blue Trust Inc. grew its position in Take-Two Interactive Software by 410.6% in the 2nd quarter. Blue Trust Inc. now owns 240 shares of the company’s stock valued at $36,000 after purchasing an additional 193 shares during the period. Finally, BOKF NA grew its position in Take-Two Interactive Software by 466.7% in the 1st quarter. BOKF NA now owns 272 shares of the company’s stock valued at $41,000 after purchasing an additional 224 shares during the period. 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 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 directly owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. This trade represents a 17.11 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael Sheresky sold 191 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $149.83, for a total transaction of $28,617.53. Following the completion of the transaction, the director now owns 64,378 shares of the company’s stock, valued at $9,645,755.74. This represents a 0.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is owned by corporate insiders.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $181.48 on Friday. The company has a market capitalization of $31.87 billion, a P/E ratio of -8.58, a P/E/G ratio of 5.44 and a beta of 0.85. The business has a fifty day simple moving average of $158.56 and a two-hundred day simple moving average of $154.75. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $182.62.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. BMO Capital Markets raised their price objective on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. The Goldman Sachs Group raised their price target on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Morgan Stanley boosted their price objective on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Roth Mkm raised their target price on Take-Two Interactive Software from $180.00 to $182.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. decreased their price target 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. Two analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Take-Two Interactive Software has an average rating of “Moderate Buy” and a consensus price target of $188.70.

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.