Empirical Asset Management LLC bought a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 34,880 shares of the company's stock, valued at approximately $6,421,000.
A number of other large investors have also recently added to or reduced their stakes in the business. Itau Unibanco Holding S.A. acquired a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at $27,000. Truvestments Capital LLC acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter worth $31,000. Versant Capital Management Inc raised its position in shares of Take-Two Interactive Software by 87.0% during the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company's stock worth $34,000 after purchasing an additional 87 shares during the period. Catalyst Capital Advisors LLC lifted its holdings in shares of Take-Two Interactive Software by 69.3% during the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company's stock valued at $43,000 after purchasing an additional 115 shares during the last quarter. Finally, AM Squared Ltd acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at $46,000. 95.46% of the stock is currently owned by institutional investors.
Take-Two Interactive Software Stock Up 1.7 %
Shares of TTWO stock traded up $3.04 on Friday, hitting $186.41. The company's stock had a trading volume of 1,443,673 shares, compared to its average volume of 1,423,934. The stock has a market capitalization of $32.74 billion, a price-to-earnings ratio of -8.81, a P/E/G ratio of 5.55 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. The firm's fifty day moving average price is $184.73 and its 200-day moving average price is $164.53. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85.
Analyst Upgrades and Downgrades
TTWO has been the topic of several recent analyst reports. The Goldman Sachs Group boosted their price objective on Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. UBS Group lifted their price objective on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a "neutral" rating in a research report on Thursday, November 7th. Robert W. Baird upped their price target on Take-Two Interactive Software from $172.00 to $181.00 and gave the company an "outperform" rating in a research report on Thursday, November 7th. StockNews.com upgraded Take-Two Interactive Software from a "sell" rating to a "hold" rating in a research report on Friday, December 6th. Finally, Wedbush reaffirmed an "outperform" rating and set a $190.00 target price on shares of Take-Two Interactive Software in a research note on Monday, December 9th. Three investment 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 data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $197.58.
View Our Latest Report on TTWO
Insider Buying and Selling at Take-Two Interactive Software
In other news, insider Daniel P. Emerson sold 777 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the transaction, the insider now owns 149,379 shares of the company's stock, valued at approximately $28,029,475.56. This represents a 0.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the firm's 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 completion of the transaction, the director now directly owns 9,692 shares in the company, valued at $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. Corporate insiders own 1.45% of the company's stock.
About Take-Two Interactive Software
(
Free Report)
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.
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