Fiduciary Alliance LLC acquired a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 3,990 shares of the company's stock, valued at approximately $734,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Swiss National Bank boosted its holdings in Take-Two Interactive Software by 2.7% in 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. Paloma Partners Management Co bought a new stake in Take-Two Interactive Software in the third quarter valued at approximately $20,290,000. CIBC Asset Management Inc boosted its holdings in Take-Two Interactive Software by 9.1% in the third quarter. CIBC Asset Management Inc now owns 53,345 shares of the company's stock valued at $8,200,000 after acquiring an additional 4,456 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Take-Two Interactive Software by 2.8% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company's stock valued at $61,928,000 after acquiring an additional 10,837 shares during the last quarter. Finally, Vestcor Inc boosted its holdings in shares of Take-Two Interactive Software by 37.2% during the 3rd quarter. Vestcor Inc now owns 18,454 shares of the company's stock worth $2,837,000 after buying an additional 5,000 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.
Analysts Set New Price Targets
A number of research firms have issued reports on TTWO. Citigroup increased their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a report on Wednesday, December 11th. UBS Group increased their target price on Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a "neutral" rating in a report on Thursday, November 7th. The Goldman Sachs Group increased their target price 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. JPMorgan Chase & Co. increased their target price on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an "overweight" rating in a report on Wednesday, December 18th. Finally, Roth Mkm increased their target price on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a "buy" rating in a report on Tuesday, November 19th. Three research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $197.58.
Get Our Latest Report on TTWO
Take-Two Interactive Software Stock Performance
Shares of TTWO stock traded up $1.27 on Tuesday, hitting $180.03. 876,150 shares of the stock were exchanged, compared to its average volume of 1,450,656. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $31.62 billion, a PE ratio of -8.51, a P/E/G ratio of 5.76 and a beta of 0.89. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $192.14. The firm's 50 day moving average is $184.03 and its two-hundred day moving average is $164.10.
Insider Transactions at Take-Two Interactive Software
In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the firm's stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the transaction, the insider now owns 149,379 shares in the company, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the firm's stock in a transaction dated Friday, November 8th. The stock was 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 owns 9,692 shares of the company's stock, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their position. The disclosure for this sale can be found here. 1.45% of the stock is owned by corporate insiders.
Take-Two Interactive Software Profile
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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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