UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 417,325 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 10.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,240,565 shares of the company’s stock after acquiring an additional 417,325 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 2.41% of Take-Two Interactive Software worth $651,817,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Fiduciary Trust Co grew its position in shares of Take-Two Interactive Software by 20.2% during the 3rd quarter. Fiduciary Trust Co now owns 3,547 shares of the company’s stock worth $545,000 after buying an additional 596 shares during the period. Townsquare Capital LLC grew its position in shares of Take-Two Interactive Software by 5.2% during the 3rd quarter. Townsquare Capital LLC now owns 25,210 shares of the company’s stock worth $3,875,000 after buying an additional 1,237 shares during the period. Brooklyn Investment Group acquired a new stake in shares of Take-Two Interactive Software during the 3rd quarter worth approximately $90,000. D.A. Davidson & CO. grew its position in shares of Take-Two Interactive Software by 2.4% during the 3rd quarter. D.A. Davidson & CO. now owns 9,778 shares of the company’s stock worth $1,503,000 after buying an additional 233 shares during the period. Finally, The Manufacturers Life Insurance Company grew its position in shares of Take-Two Interactive Software by 1.4% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 98,134 shares of the company’s stock worth $15,084,000 after buying an additional 1,339 shares during the period. 95.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on TTWO. BMO Capital Markets lifted their price target on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Morgan Stanley lifted their price target on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Stifel Nicolaus boosted their price objective on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a report on Thursday, September 5th. TD Cowen boosted their price objective on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Finally, Redburn Atlantic started coverage on shares of Take-Two Interactive Software in a report on Thursday, August 29th. They set a “buy” rating and a $194.00 price objective for the company. Two investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and a consensus price target of $191.75.

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 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 owns 9,692 shares in the company, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $185.56 on Thursday. The stock has a market cap of $32.59 billion, a P/E ratio of -8.77, a P/E/G ratio of 5.65 and a beta of 0.85. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The company has a fifty day moving average price of $163.59 and a two-hundred day moving average price of $157.14. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $190.43.

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.