WCM Investment Management LLC Boosts Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

WCM Investment Management LLC boosted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 12,981 shares of the company’s stock after purchasing an additional 86 shares during the quarter. WCM Investment Management LLC’s holdings in Take-Two Interactive Software were worth $2,396,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp lifted its stake in shares of Take-Two Interactive Software by 8.8% in the third quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after buying an additional 880,816 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in Take-Two Interactive Software by 13.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after acquiring an additional 648,982 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in Take-Two Interactive Software by 1,780.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company’s stock valued at $70,807,000 after acquiring an additional 436,150 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Take-Two Interactive Software by 10.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock valued at $651,817,000 after purchasing an additional 417,325 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Take-Two Interactive Software by 3.5% in the 3rd quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after purchasing an additional 134,767 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

TTWO has been the topic of a number of research analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and set a $240.00 price target (up from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. JPMorgan Chase & Co. raised their price target on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. TD Cowen lifted their price target on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Citigroup increased their price objective on shares of 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. Finally, Stifel Nicolaus boosted their target price on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average price target of $208.47.

Insider Buying and Selling

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the sale, the insider now directly owns 149,379 shares of the company’s stock, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.45% of the stock is currently owned by insiders.

Take-Two Interactive Software Stock Performance

TTWO opened at $212.51 on Tuesday. The firm has a market cap of $37.32 billion, a P/E ratio of -9.96, a PEG ratio of 5.68 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $215.84. The company has a 50 day simple moving average of $186.43 and a two-hundred day simple moving average of $169.17. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85.

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.