Allspring Global Investments Holdings LLC Has $24.10 Million Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Allspring Global Investments Holdings LLC lifted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 131,667 shares of the company’s stock after purchasing an additional 2,585 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.07% of Take-Two Interactive Software worth $24,104,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Certuity LLC raised its holdings in Take-Two Interactive Software by 13.8% during the fourth quarter. Certuity LLC now owns 2,407 shares of the company’s stock worth $443,000 after buying an additional 292 shares during the last quarter. Savant Capital LLC bought a new stake in shares of Take-Two Interactive Software during the fourth quarter worth about $236,000. WCM Investment Management LLC lifted its position in Take-Two Interactive Software by 0.7% in the 4th quarter. WCM Investment Management LLC now owns 12,981 shares of the company’s stock valued at $2,396,000 after acquiring an additional 86 shares in the last quarter. Entropy Technologies LP acquired a new position in Take-Two Interactive Software during the 4th quarter valued at about $1,032,000. Finally, Empowered Funds LLC increased its holdings in Take-Two Interactive Software by 17.1% during the 4th quarter. Empowered Funds LLC now owns 2,934 shares of the company’s stock worth $540,000 after purchasing an additional 428 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Trading Down 0.6 %

NASDAQ:TTWO opened at $208.76 on Friday. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $215.84. The stock’s fifty day moving average price is $188.07 and its two-hundred day moving average price is $170.69. 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 market cap of $36.66 billion, a P/E ratio of -9.79, a P/E/G ratio of 5.68 and a beta of 0.89.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on TTWO shares. Citigroup lifted their target price on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Raymond James reiterated an “outperform” rating and issued a $220.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Robert W. Baird boosted their price target on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Roth Mkm increased their price objective on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Finally, Oppenheimer boosted their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $208.47.

Insider Buying and Selling

In other news, insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the sale, the insider now directly owns 149,379 shares in the company, valued at $28,029,475.56. This represents a 0.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 1.45% of the stock is currently owned by insiders.

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.