Kingswood Wealth Advisors LLC Acquires Shares of 2,015 Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Kingswood Wealth Advisors LLC acquired a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,015 shares of the company's stock, valued at approximately $371,000.

A number of other hedge funds have also recently made changes to their positions in the business. Itau Unibanco Holding S.A. acquired a new position in Take-Two Interactive Software during the 3rd quarter valued at about $27,000. Truvestments Capital LLC bought a new position in shares of Take-Two Interactive Software in the third quarter valued at approximately $31,000. Versant Capital Management Inc boosted 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 valued at $34,000 after buying an additional 87 shares during the last quarter. Catalyst Capital Advisors LLC grew its holdings in Take-Two Interactive Software by 69.3% during the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company's stock worth $43,000 after buying an additional 115 shares in the last quarter. Finally, AM Squared Ltd purchased a new stake in Take-Two Interactive Software in the 3rd quarter valued at $46,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software 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 completion of the sale, the insider now owns 149,379 shares in the company, valued at approximately $28,029,475.56. This trade represents a 0.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the company's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of the transaction, the director now owns 9,692 shares in the company, valued at approximately $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is owned by company insiders.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO opened at $191.23 on Friday. The firm has a fifty day moving average price of $185.77 and a two-hundred day moving average price of $166.95. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $192.50.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TTWO. StockNews.com raised shares of Take-Two Interactive Software from a "sell" rating to a "hold" rating in a research report on Friday, December 6th. Roth Mkm boosted their target price on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a "buy" rating in a research note on Tuesday, November 19th. Stifel Nicolaus increased their price target on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a "buy" rating in a research report on Tuesday, January 21st. Oppenheimer boosted their price objective on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 21st. Finally, TD Cowen upped their price objective on Take-Two Interactive Software from $176.00 to $211.00 and gave the company a "buy" rating in a research note on Friday, November 22nd. Two research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Take-Two Interactive Software has an average rating of "Moderate Buy" and an average target price of $203.47.

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.