Take-Two Interactive Software, Inc. $TTWO Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans boosted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 43.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,606 shares of the company’s stock after acquiring an additional 2,925 shares during the period. Thrivent Financial for Lutherans’ holdings in Take-Two Interactive Software were worth $2,460,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in TTWO. Vanguard Group Inc. grew its stake in Take-Two Interactive Software by 4.5% in the 3rd quarter. Vanguard Group Inc. now owns 21,701,533 shares of the company’s stock valued at $5,606,808,000 after acquiring an additional 932,659 shares during the last quarter. Zurich Insurance Group Ltd FI acquired a new stake in Take-Two Interactive Software in the 3rd quarter valued at about $112,847,000. State Street Corp grew its stake in Take-Two Interactive Software by 4.1% in the 3rd quarter. State Street Corp now owns 11,012,647 shares of the company’s stock valued at $2,845,084,000 after acquiring an additional 429,083 shares during the last quarter. Amundi grew its stake in Take-Two Interactive Software by 46.4% in the 3rd quarter. Amundi now owns 1,333,469 shares of the company’s stock valued at $342,675,000 after acquiring an additional 422,510 shares during the last quarter. Finally, M&T Bank Corp grew its stake in Take-Two Interactive Software by 5,247.7% in the 4th quarter. M&T Bank Corp now owns 321,023 shares of the company’s stock valued at $82,192,000 after acquiring an additional 315,020 shares during the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $227.55 on Tuesday. Take-Two Interactive Software, Inc. has a 12-month low of $187.63 and a 12-month high of $264.79. The stock has a market capitalization of $42.14 billion, a P/E ratio of -140.46, a P/E/G ratio of 3.45 and a beta of 0.97. The firm’s 50-day moving average is $212.29 and its two-hundred day moving average is $225.49. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.14 and a quick ratio of 1.14.

Insider Activity

In other Take-Two Interactive Software news, Director Ellen F. Siminoff sold 413 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $207.66, for a total transaction of $85,763.58. Following the sale, the director directly owned 2,000 shares of the company’s stock, valued at $415,320. This trade represents a 17.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Strauss Zelnick sold 7,946 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $214.16, for a total transaction of $1,701,715.36. Following the sale, the chief executive officer directly owned 170,756 shares in the company, valued at $36,569,104.96. This represents a 4.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 64,724 shares of company stock valued at $13,866,155 over the last quarter. 1.34% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Zacks Research cut shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. Wedbush reissued an “outperform” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research note on Tuesday, March 3rd. DA Davidson reissued a “buy” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, February 4th. Raymond James Financial raised shares of Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price objective on the stock in a research note on Tuesday, February 10th. Finally, UBS Group raised their price target on shares of Take-Two Interactive Software from $292.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $287.53.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.