WINTON GROUP Ltd Boosts Stake in Take-Two Interactive Software, Inc. $TTWO

WINTON GROUP Ltd increased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 664.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 22,542 shares of the company’s stock after purchasing an additional 19,592 shares during the period. WINTON GROUP Ltd’s holdings in Take-Two Interactive Software were worth $5,824,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Compass Wealth Management LLC purchased a new stake in shares of Take-Two Interactive Software during the third quarter worth $3,419,000. AGF Management Ltd. lifted its stake in Take-Two Interactive Software by 33.1% during the third quarter. AGF Management Ltd. now owns 72,828 shares of the company’s stock worth $18,816,000 after purchasing an additional 18,119 shares during the last quarter. M&G PLC acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at $12,465,000. Bank of New York Mellon Corp grew its holdings in shares of Take-Two Interactive Software by 1.9% during the third quarter. Bank of New York Mellon Corp now owns 1,024,509 shares of the company’s stock worth $264,692,000 after purchasing an additional 18,959 shares during the last quarter. Finally, Rakuten Investment Management Inc. purchased a new position in Take-Two Interactive Software during the 3rd quarter worth approximately $10,948,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have commented on TTWO shares. UBS Group upped their price objective on Take-Two Interactive Software from $292.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Benchmark restated a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday, February 2nd. Raymond James Financial upgraded Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price target for the company in a research report on Tuesday, February 10th. Wells Fargo & Company cut their price objective on Take-Two Interactive Software from $301.00 to $295.00 and set an “overweight” rating for the company in a research report on Wednesday, March 4th. Finally, Zacks Research lowered shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and a consensus target price of $284.44.

Take-Two Interactive Software Trading Up 1.5%

Shares of TTWO opened at $214.63 on Tuesday. Take-Two Interactive Software, Inc. has a one year low of $188.56 and a one year high of $264.79. 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 company has a market capitalization of $39.75 billion, a P/E ratio of -9.59, a P/E/G ratio of 8.66 and a beta of 0.94. The stock has a 50-day moving average price of $225.03 and a 200 day moving average price of $239.58.

Insider Buying and Selling

In other news, Director Michael Dornemann sold 1,390 shares of the stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $213.09, for a total transaction of $296,195.10. Following the sale, the director directly owned 21,525 shares in the company, valued at approximately $4,586,762.25. This represents a 6.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ellen F. Siminoff sold 414 shares of the business’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $245.48, for a total transaction of $101,628.72. Following the transaction, the director directly owned 2,429 shares of the company’s stock, valued at $596,270.92. The trade was a 14.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 64,880 shares of company stock worth $13,908,337. Company insiders own 1.34% of the company’s stock.

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.