Penserra Capital Management LLC Acquires 523 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Penserra Capital Management LLC increased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,538 shares of the company’s stock after acquiring an additional 523 shares during the quarter. Penserra Capital Management LLC’s holdings in Take-Two Interactive Software were worth $2,694,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Swiss National Bank raised its stake in shares of Take-Two Interactive Software by 2.7% during the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company’s stock worth $75,857,000 after purchasing an additional 13,200 shares during the period. CIBC Asset Management Inc raised its position in Take-Two Interactive Software by 9.1% in the third quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock worth $8,200,000 after acquiring an additional 4,456 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its stake in Take-Two Interactive Software by 2.8% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company’s stock valued at $61,928,000 after acquiring an additional 10,837 shares during the last quarter. WCM Investment Management LLC grew its position in shares of Take-Two Interactive Software by 28.6% during the 3rd quarter. WCM Investment Management LLC now owns 12,895 shares of the company’s stock valued at $1,974,000 after acquiring an additional 2,867 shares during the period. Finally, Principal Financial Group Inc. increased its stake in shares of Take-Two Interactive Software by 5.9% during the 3rd quarter. Principal Financial Group Inc. now owns 189,496 shares of the company’s stock worth $29,127,000 after purchasing an additional 10,491 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Stifel Nicolaus upped their price objective on Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a research note on Thursday, September 5th. BMO Capital Markets increased their price target on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Roth Mkm boosted their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. JPMorgan Chase & Co. reduced their target price on shares of Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating for the company in a research note on Tuesday, October 22nd. Finally, Morgan Stanley upped their price target on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Two equities 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 stock. Based on data from MarketBeat, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average target price of $191.75.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO opened at $187.62 on Tuesday. The stock’s 50-day moving average is $162.89 and its 200 day moving average is $156.84. The stock has a market cap of $32.95 billion, a price-to-earnings ratio of -8.87, a P/E/G ratio of 5.67 and a beta of 0.85. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $190.43. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction 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 sale, the director now directly owns 9,692 shares of the company’s stock, valued at $1,736,515.64. The trade was a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 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.