Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Purchased by M&T Bank Corp

M&T Bank Corp raised its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 37.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,592 shares of the company’s stock after acquiring an additional 2,589 shares during the quarter. M&T Bank Corp’s holdings in Take-Two Interactive Software were worth $1,474,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in TTWO. Itau Unibanco Holding S.A. acquired a new stake in shares of Take-Two Interactive Software in the third quarter valued at about $27,000. Crewe Advisors LLC lifted its position in shares of Take-Two Interactive Software by 297.9% during the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after acquiring an additional 143 shares during the period. UMB Bank n.a. boosted its stake in shares of Take-Two Interactive Software by 155.1% during the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company’s stock worth $31,000 after acquiring an additional 121 shares in the last quarter. Truvestments Capital LLC acquired a new stake in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $31,000. Finally, HHM Wealth Advisors LLC purchased a new position in Take-Two Interactive Software in the 2nd quarter valued at approximately $37,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have commented on TTWO shares. StockNews.com upgraded Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Oppenheimer increased their price objective on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Stifel Nicolaus lifted their target price on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a “buy” rating in a research report on Thursday, September 5th. Robert W. Baird upped their price target on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Finally, The Goldman Sachs Group raised their price objective on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $196.00.

Take-Two Interactive Software Trading Down 2.2 %

NASDAQ TTWO opened at $185.48 on Monday. The company has a market cap of $32.58 billion, a P/E ratio of -8.77, a P/E/G ratio of 5.76 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $191.91. 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 50-day moving average of $173.10 and a 200-day moving average of $160.52.

Insider Activity at Take-Two Interactive Software

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the transaction, the director now directly owns 9,692 shares in the company, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the transaction, 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 disclosure for this sale can be found here. 1.45% of the stock is owned by insiders.

About Take-Two Interactive Software

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.