Take-Two Interactive Software, Inc. $TTWO Shares Purchased by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 7.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 63,880 shares of the company’s stock after purchasing an additional 4,642 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Take-Two Interactive Software were worth $16,504,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. PNC Financial Services Group Inc. increased its holdings in shares of Take-Two Interactive Software by 5.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 27,719 shares of the company’s stock worth $7,161,000 after buying an additional 1,329 shares during the last quarter. ABN Amro Investment Solutions grew its position in Take-Two Interactive Software by 11.1% in the third quarter. ABN Amro Investment Solutions now owns 9,274 shares of the company’s stock worth $2,396,000 after acquiring an additional 929 shares during the period. HighTower Advisors LLC increased its stake in Take-Two Interactive Software by 6.6% during the third quarter. HighTower Advisors LLC now owns 74,031 shares of the company’s stock worth $19,127,000 after acquiring an additional 4,602 shares during the last quarter. Aberdeen Group plc increased its stake in Take-Two Interactive Software by 7.6% during the third quarter. Aberdeen Group plc now owns 118,510 shares of the company’s stock worth $30,618,000 after acquiring an additional 8,351 shares during the last quarter. Finally, Abich Financial Wealth Management LLC purchased a new stake in Take-Two Interactive Software in the third quarter valued at $98,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Arete Research upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 price target for the company in a report on Monday, December 1st. TD Cowen reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research report on Tuesday, November 25th. Wall Street Zen cut shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research report on Sunday, November 2nd. Morgan Stanley boosted their price target on shares of Take-Two Interactive Software from $275.00 to $280.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Finally, Wedbush reaffirmed an “outperform” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and a consensus price target of $283.94.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Ellen F. Siminoff sold 414 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $245.48, for a total value of $101,628.72. Following the completion of the transaction, the director owned 2,429 shares of the company’s stock, valued at $596,270.92. This trade represents a 14.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 1.34% of the stock is owned by corporate insiders.

Take-Two Interactive Software Trading Up 1.7%

NASDAQ TTWO opened at $193.67 on Tuesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a market cap of $35.86 billion, a price-to-earnings ratio of -8.65, a PEG ratio of 10.34 and a beta of 0.92. The firm has a 50 day simple moving average of $237.10 and a 200-day simple moving average of $241.74. Take-Two Interactive Software, Inc. has a one year low of $188.56 and a one year high of $264.79.

About Take-Two Interactive Software

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.