Barclays PLC Purchases 92,716 Shares of Take-Two Interactive Software, Inc. $TTWO

Barclays PLC boosted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 10.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 974,584 shares of the company’s stock after purchasing an additional 92,716 shares during the period. Barclays PLC’s holdings in Take-Two Interactive Software were worth $249,523,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. LBP AM SA grew its position in Take-Two Interactive Software by 298.2% during the 4th quarter. LBP AM SA now owns 64,611 shares of the company’s stock worth $16,542,000 after purchasing an additional 48,384 shares during the last quarter. Compass Wealth Management LLC purchased a new stake in Take-Two Interactive Software during the 3rd quarter worth approximately $3,419,000. Fiera Capital Corp grew its position in Take-Two Interactive Software by 33.9% during the 4th quarter. Fiera Capital Corp now owns 64,403 shares of the company’s stock worth $16,489,000 after purchasing an additional 16,314 shares during the last quarter. Swedbank AB grew its position in Take-Two Interactive Software by 7.6% during the 4th quarter. Swedbank AB now owns 134,638 shares of the company’s stock worth $34,471,000 after purchasing an additional 9,556 shares during the last quarter. Finally, M&G PLC purchased a new stake in Take-Two Interactive Software during the 3rd quarter worth approximately $12,465,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO opened at $211.75 on Monday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.71. Take-Two Interactive Software, Inc. has a 12 month low of $187.63 and a 12 month high of $264.79. The company has a 50 day simple moving average of $217.25 and a two-hundred day simple moving average of $223.28. The stock has a market cap of $39.32 billion, a price-to-earnings ratio of -130.71, a PEG ratio of 4.19 and a beta of 0.98.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Dornemann sold 1,151 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $217.02, for a total transaction of $249,790.02. Following the completion of the sale, the director directly owned 20,374 shares in the company, valued at approximately $4,421,565.48. The trade was a 5.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Daniel P. Emerson sold 8,840 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $214.00, for a total transaction of $1,891,760.00. Following the sale, the insider owned 122,828 shares of the company’s stock, valued at approximately $26,285,192. The trade was a 6.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 560,175 shares of company stock worth $126,236,057. Corporate insiders own 1.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Wells Fargo & Company dropped their target price on shares of Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating on the stock in a research report on Friday, May 22nd. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a research report on Friday, May 22nd. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research report on Friday, May 22nd. Piper Sandler restated a “neutral” rating on shares of Take-Two Interactive Software in a research note on Tuesday, June 9th. Finally, Wedbush restated an “outperform” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a research note on Tuesday, March 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $287.06.

Take-Two Interactive Software Profile

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.