Main Management ETF Advisors LLC Purchases New Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Main Management ETF Advisors LLC acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The firm acquired 5,432 shares of the company's stock, valued at approximately $835,000.

Other large investors also recently modified their holdings of the company. Itau Unibanco Holding S.A. acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $27,000. Crewe Advisors LLC lifted its holdings in shares of Take-Two Interactive Software by 297.9% in the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company's stock worth $30,000 after purchasing an additional 143 shares during the last quarter. UMB Bank n.a. lifted its holdings in shares of Take-Two Interactive Software by 155.1% in the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company's stock worth $31,000 after purchasing an additional 121 shares during the last quarter. Truvestments Capital LLC bought a new stake in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $31,000. Finally, HHM Wealth Advisors LLC bought a new stake in shares of Take-Two Interactive Software in the 2nd quarter worth approximately $37,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the business's stock in a transaction dated 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 of the company's stock, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Daniel P. Emerson sold 777 shares of the business'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 transaction, the insider now directly owns 149,379 shares of the company's stock, valued at $28,029,475.56. This represents a 0.52 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.45% of the company's stock.

Take-Two Interactive Software Price Performance

Shares of TTWO stock traded down $0.32 on Friday, reaching $189.71. 1,500,806 shares of the company's stock traded hands, compared to its average volume of 1,358,791. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $191.91. 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 business's 50 day moving average price is $169.42 and its two-hundred day moving average price is $159.33.

Wall Street Analysts Forecast Growth

TTWO has been the topic of several recent research reports. Oppenheimer raised their price target on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th. UBS Group lifted their target price on Take-Two Interactive Software from $156.00 to $175.00 and gave the company a "neutral" rating in a research note on Thursday, November 7th. BMO Capital Markets reaffirmed an "outperform" rating and set a $240.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday. Stifel Nicolaus lifted their target price on Take-Two Interactive Software from $175.00 to $191.00 and gave the company a "buy" rating in a research note on Thursday, September 5th. Finally, Hsbc Global Res raised Take-Two Interactive Software from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 12th. Three investment 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 company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $194.25.

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.