Legal & General Group Plc Has $248.80 Million Position in Take-Two Interactive Software, Inc. $TTWO

Legal & General Group Plc lifted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 5.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 962,979 shares of the company’s stock after acquiring an additional 47,181 shares during the period. Legal & General Group Plc owned approximately 0.52% of Take-Two Interactive Software worth $248,795,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TTWO. Private Trust Co. NA grew its stake in Take-Two Interactive Software by 27.1% during the third quarter. Private Trust Co. NA now owns 183 shares of the company’s stock worth $47,000 after purchasing an additional 39 shares during the period. Miracle Mile Advisors LLC increased its holdings in Take-Two Interactive Software by 0.5% in the third quarter. Miracle Mile Advisors LLC now owns 7,727 shares of the company’s stock worth $1,996,000 after purchasing an additional 39 shares in the last quarter. Mather Group LLC. lifted its stake in Take-Two Interactive Software by 2.7% in the third quarter. Mather Group LLC. now owns 1,484 shares of the company’s stock valued at $383,000 after buying an additional 39 shares during the period. Blue Trust Inc. boosted 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 worth $39,000 after buying an additional 45 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA boosted its holdings in shares of Take-Two Interactive Software by 28.0% during the 3rd quarter. Compagnie Lombard Odier SCmA now owns 210 shares of the company’s stock worth $54,000 after buying an additional 46 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 52,054 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $214.40, for a total transaction of $11,160,377.60. Following the sale, the chief executive officer owned 178,702 shares of the company’s stock, valued at $38,313,708.80. The trade was a 22.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael Sheresky sold 155 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $194.73, for a total value of $30,183.15. Following the sale, the director owned 65,626 shares in the company, valued at approximately $12,779,350.98. This represents a 0.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 64,880 shares of company stock worth $13,908,337 in the last three months. Insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Trading Up 1.0%

Shares of Take-Two Interactive Software stock opened at $211.09 on Thursday. The stock has a market capitalization of $39.09 billion, a P/E ratio of -9.43, a P/E/G ratio of 8.56 and a beta of 0.94. 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 simple moving average is $223.15 and its 200 day simple moving average is $239.24. Take-Two Interactive Software, Inc. has a 52-week low of $188.56 and a 52-week high of $264.79.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on TTWO. UBS Group lifted their price objective on shares of 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. Arete Research raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 price objective for the company in a report on Monday, December 1st. DA Davidson reiterated a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a report on Wednesday, February 4th. B. Riley Financial assumed coverage on shares of Take-Two Interactive Software in a research report on Wednesday, December 10th. They set a “buy” rating and a $300.00 target price on the stock. Finally, Morgan Stanley upped their target price on Take-Two Interactive Software from $275.00 to $280.00 and gave the company an “overweight” rating in a report on Tuesday, January 13th. One equities research 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 given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $284.44.

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.