B. Metzler seel. Sohn & Co. Holding AG Purchases New Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,057 shares of the company’s stock, valued at approximately $1,700,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TTWO. Crewe Advisors LLC increased its stake in Take-Two Interactive Software by 297.9% during the second 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. increased its stake in Take-Two Interactive Software by 155.1% during the second quarter. UMB Bank n.a. now owns 199 shares of the company’s stock valued at $31,000 after acquiring an additional 121 shares during the period. Blue Trust Inc. increased its stake in Take-Two Interactive Software by 410.6% during the second quarter. Blue Trust Inc. now owns 240 shares of the company’s stock valued at $36,000 after acquiring an additional 193 shares during the period. HHM Wealth Advisors LLC bought a new position in Take-Two Interactive Software during the second quarter valued at about $37,000. Finally, BOKF NA increased its stake in Take-Two Interactive Software by 466.7% during the first quarter. BOKF NA now owns 272 shares of the company’s stock valued at $41,000 after acquiring an additional 224 shares during the period. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Stock Up 0.8 %

NASDAQ:TTWO opened at $188.15 on Friday. The stock’s fifty day moving average price is $162.18 and its two-hundred day moving average price is $156.42. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $188.45. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market cap of $33.04 billion, a price-to-earnings ratio of -8.89, a P/E/G ratio of 5.61 and a beta of 0.85.

Wall Street Analyst Weigh In

TTWO has been the topic of several research reports. Oppenheimer boosted their price target on 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. HSBC upgraded Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price objective on the stock in a research note on Monday, August 12th. Redburn Atlantic initiated coverage on Take-Two Interactive Software in a research note on Thursday, August 29th. They issued a “buy” rating and a $194.00 price objective on the stock. Benchmark upped their price objective on Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, August 21st. Finally, Robert W. Baird upped their price objective on Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Two equities research analysts have rated the stock with 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, the company currently has an average rating of “Moderate Buy” and an average target price of $191.75.

Insider Activity

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the 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 transaction, the director now owns 9,692 shares of the company’s stock, valued at $1,736,515.64. This 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. 1.45% of the stock is currently owned by company 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.