WCM Investment Management LLC Boosts Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

WCM Investment Management LLC raised its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,981 shares of the company’s stock after buying an additional 86 shares during the quarter. WCM Investment Management LLC’s holdings in Take-Two Interactive Software were worth $2,396,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Itau Unibanco Holding S.A. purchased a new position in shares of Take-Two Interactive Software in the third quarter valued at $27,000. Versant Capital Management Inc lifted its position in Take-Two Interactive Software by 87.0% during the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock valued at $34,000 after purchasing an additional 87 shares during the last quarter. Truvestments Capital LLC purchased a new position in shares of Take-Two Interactive Software in the 3rd quarter worth $31,000. Friedenthal Financial purchased a new position in shares of Take-Two Interactive Software in the 4th quarter worth $50,000. Finally, Catalyst Capital Advisors LLC increased its holdings in shares of Take-Two Interactive Software by 69.3% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock worth $43,000 after buying an additional 115 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Up 1.8 %

Shares of NASDAQ TTWO opened at $212.51 on Tuesday. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $215.84. The firm has a market cap of $37.32 billion, a PE ratio of -9.96, a price-to-earnings-growth ratio of 5.68 and a beta of 0.89. The business has a fifty day simple moving average of $186.43 and a two-hundred day simple moving average of $169.17. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the transaction, the insider now owns 149,379 shares of the company’s stock, valued at approximately $28,029,475.56. This trade represents a 0.52 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.45% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

TTWO has been the subject of several recent research reports. JPMorgan Chase & Co. lifted their price target on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Citigroup lifted their target price on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and increased their price target for the company from $175.00 to $230.00 in a report on Monday, January 27th. Stifel Nicolaus lifted their price objective on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research note on Tuesday, January 21st. Finally, Morgan Stanley increased their target price 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. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and an average price target of $208.47.

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.