UMB Bank n.a. Purchases 87 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

UMB Bank n.a. boosted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 36.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 327 shares of the company’s stock after buying an additional 87 shares during the quarter. UMB Bank n.a.’s holdings in Take-Two Interactive Software were worth $60,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in TTWO. Swiss National Bank raised its stake in shares of Take-Two Interactive Software by 2.7% during the third quarter. Swiss National Bank now owns 493,508 shares of the company’s stock valued at $75,857,000 after acquiring an additional 13,200 shares during the last quarter. CIBC Asset Management Inc increased its holdings in Take-Two Interactive Software by 9.1% during the 3rd quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock valued at $8,200,000 after purchasing an additional 4,456 shares during the period. Paloma Partners Management Co bought a new position in Take-Two Interactive Software during the 3rd quarter valued at approximately $20,290,000. Fiduciary Alliance LLC purchased a new stake in Take-Two Interactive Software in the 4th quarter worth approximately $734,000. Finally, Sumitomo Mitsui Trust Group Inc. grew its position in shares of Take-Two Interactive Software by 2.8% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company’s stock worth $61,928,000 after buying an additional 10,837 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analyst Upgrades and Downgrades

TTWO has been the subject of a number of research analyst reports. UBS Group raised their price target on Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $240.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. TD Cowen boosted their price target 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. Stifel Nicolaus increased their price target on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Roth Mkm lifted their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Three research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus target price of $200.58.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO opened at $185.49 on Friday. The business has a 50-day simple moving average of $185.46 and a two-hundred day simple moving average of $165.89. 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 firm has a market cap of $32.58 billion, a price-to-earnings ratio of -8.77, a price-to-earnings-growth ratio of 5.84 and a beta of 0.89. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $192.14.

Insider Activity at Take-Two Interactive Software

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were 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 in the company, valued at $1,736,515.64. This represents a 17.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Daniel P. Emerson sold 777 shares of the business’s 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 sale, the insider now owns 149,379 shares of the company’s stock, valued at $28,029,475.56. This trade 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.

Take-Two Interactive Software 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.