Banco Bilbao Vizcaya Argentaria S.A. grew its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 34.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 102,085 shares of the company’s stock after buying an additional 26,435 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. owned approximately 0.06% of Take-Two Interactive Software worth $26,366,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in TTWO. Pilgrim Partners Asia Pte Ltd acquired a new position in Take-Two Interactive Software in the third quarter valued at about $26,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Take-Two Interactive Software in the second quarter worth about $27,000. Pinnacle Bancorp Inc. acquired a new stake in shares of Take-Two Interactive Software during the third quarter worth about $29,000. Meeder Asset Management Inc. lifted its holdings in shares of Take-Two Interactive Software by 216.3% during the 3rd quarter. Meeder Asset Management Inc. now owns 136 shares of the company’s stock valued at $35,000 after purchasing an additional 93 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Take-Two Interactive Software by 42.9% during the 3rd quarter. Blue Trust Inc. now owns 150 shares of the company’s stock valued at $39,000 after purchasing an additional 45 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on TTWO. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, February 2nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Take-Two Interactive Software in a research note on Wednesday, January 21st. Wedbush reiterated an “outperform” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a report on Tuesday, March 3rd. TD Cowen restated a “buy” rating on shares of Take-Two Interactive Software in a report on Tuesday, November 25th. Finally, Morgan Stanley boosted their price objective on shares of Take-Two Interactive Software from $275.00 to $280.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $284.44.
Take-Two Interactive Software Trading Down 0.3%
NASDAQ TTWO opened at $208.58 on Friday. Take-Two Interactive Software, Inc. has a 52 week low of $188.56 and a 52 week 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 stock’s 50 day moving average price is $221.35 and its two-hundred day moving average price is $238.93. The stock has a market capitalization of $38.62 billion, a price-to-earnings ratio of -9.32, a PEG ratio of 8.54 and a beta of 0.94.
Insiders Place Their Bets
In other news, insider Daniel P. Emerson sold 810 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $213.47, for a total value of $172,910.70. Following the sale, the insider owned 124,191 shares of the company’s stock, valued at $26,511,052.77. The trade was a 0.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Strauss Zelnick sold 7,946 shares of the stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $214.16, for a total transaction of $1,701,715.36. Following the transaction, the chief executive officer owned 170,756 shares of the company’s stock, valued at $36,569,104.96. The trade was a 4.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 64,880 shares of company stock valued at $13,908,337 over the last 90 days. 1.34% of the stock is currently owned by company insiders.
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.
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