Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Acquired by First Hawaiian Bank

First Hawaiian Bank increased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 148.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,613 shares of the company’s stock after acquiring an additional 11,113 shares during the period. First Hawaiian Bank’s holdings in Take-Two Interactive Software were worth $3,426,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Private Advisor Group LLC grew its position in shares of Take-Two Interactive Software by 45.2% during the second quarter. Private Advisor Group LLC now owns 3,575 shares of the company’s stock worth $556,000 after buying an additional 1,113 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in shares of Take-Two Interactive Software in the 2nd quarter valued at approximately $817,000. Oak Thistle LLC raised its holdings in shares of Take-Two Interactive Software by 52.5% in the 2nd quarter. Oak Thistle LLC now owns 2,121 shares of the company’s stock valued at $330,000 after purchasing an additional 730 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Take-Two Interactive Software during the 2nd quarter worth $128,000. Finally, Choreo LLC grew its stake in shares of Take-Two Interactive Software by 77.7% during the second quarter. Choreo LLC now owns 5,355 shares of the company’s stock worth $826,000 after purchasing an additional 2,342 shares in the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock traded up $1.99 during trading hours on Wednesday, reaching $183.74. 1,959,907 shares of the company’s stock were exchanged, compared to its average volume of 1,664,069. 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, Inc. has a 1 year low of $135.24 and a 1 year high of $192.14. The company has a market cap of $32.27 billion, a P/E ratio of -8.68, a price-to-earnings-growth ratio of 5.76 and a beta of 0.89. The company’s 50 day moving average is $182.56 and its two-hundred day moving average is $163.46.

Analysts Set New Price Targets

Several research analysts have recently issued reports on TTWO shares. Roth Mkm upped their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. BMO Capital Markets reiterated an “outperform” rating and issued a $240.00 price target (up from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. JPMorgan Chase & Co. boosted their price objective on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. TD Cowen increased their target price on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. Finally, StockNews.com raised shares of Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Three equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $197.58.

Insider Buying and Selling at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the transaction, the insider now directly owns 149,379 shares of the company’s stock, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the sale, the director now owns 9,692 shares in the company, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is owned by corporate 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.