Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Position Increased by Jump Financial LLC

Jump Financial LLC lifted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) by 66.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,825 shares of the company’s stock after acquiring an additional 1,123 shares during the period. Jump Financial LLC’s holdings in Take-Two Interactive Software were worth $397,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TTWO. Capital World Investors bought a new position in shares of Take-Two Interactive Software in the first quarter valued at approximately $513,164,000. Norges Bank bought a new stake in Take-Two Interactive Software during the fourth quarter valued at about $205,528,000. Boston Partners grew its position in shares of Take-Two Interactive Software by 67.9% in the second quarter. Boston Partners now owns 2,617,935 shares of the company’s stock valued at $385,045,000 after purchasing an additional 1,059,099 shares during the last quarter. Capital International Investors lifted its position in shares of Take-Two Interactive Software by 10.3% during the 2nd quarter. Capital International Investors now owns 9,966,225 shares of the company’s stock worth $1,466,416,000 after purchasing an additional 929,148 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC boosted its position in shares of Take-Two Interactive Software by 461.4% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 974,880 shares of the company’s stock valued at $101,514,000 after acquiring an additional 801,214 shares during the period. 89.95% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on TTWO. JPMorgan Chase & Co. decreased their price target on shares of Take-Two Interactive Software from $188.00 to $180.00 and set an “overweight” rating on the stock in a research report on Friday. The Goldman Sachs Group lifted their price target on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, January 19th. Stifel Nicolaus upped their price objective on Take-Two Interactive Software from $175.00 to $188.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. Benchmark raised their target price on Take-Two Interactive Software from $164.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, January 22nd. Finally, Truist Financial dropped their price objective on Take-Two Interactive Software from $158.00 to $155.00 and set a “buy” rating for the company in a research note on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and sixteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $169.57.

Check Out Our Latest Report on TTWO

Take-Two Interactive Software Price Performance

Shares of TTWO opened at $154.91 on Monday. The stock has a 50 day simple moving average of $161.51 and a 200 day simple moving average of $149.90. Take-Two Interactive Software, Inc. has a 52-week low of $107.92 and a 52-week high of $171.59. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market capitalization of $26.35 billion, a PE ratio of -18.05, a P/E/G ratio of 4.47 and a beta of 0.76.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Michael Sheresky sold 244 shares of Take-Two Interactive Software stock in a transaction on Friday, November 24th. The shares were sold at an average price of $156.40, for a total value of $38,161.60. Following the sale, the director now directly owns 63,905 shares in the company, valued at approximately $9,994,742. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Michael Sheresky sold 244 shares of the firm’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $156.40, for a total value of $38,161.60. Following the completion of the transaction, the director now owns 63,905 shares in the company, valued at approximately $9,994,742. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Daniel P. Emerson sold 638 shares of the stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $157.80, for a total value of $100,676.40. Following the transaction, the insider now directly owns 130,868 shares of the company’s stock, valued at $20,650,970.40. The disclosure for this sale can be found here. Insiders have sold a total of 31,488 shares of company stock worth $4,966,793 over the last ninety days. Company insiders own 1.37% of the company’s stock.

About Take-Two Interactive Software

(Free Report)

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.

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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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