MFG Wealth Management Inc. purchased a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 6,091 shares of the company's stock, valued at approximately $1,121,000.
Other institutional investors have also made changes to their positions in the company. Itau Unibanco Holding S.A. bought a new position in shares of Take-Two Interactive Software in the third 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 about $31,000. Versant Capital Management Inc raised its holdings in shares of Take-Two Interactive Software by 87.0% in 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 raised its holdings in shares of Take-Two Interactive Software by 69.3% in the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company's stock valued at $43,000 after buying an additional 115 shares during the last quarter. Finally, AM Squared Ltd bought a new position in shares of Take-Two Interactive Software in the third quarter valued at about $46,000. 95.46% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of analysts recently commented on TTWO shares. Morgan Stanley lifted their price objective on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, November 7th. Oppenheimer lifted 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. TD Cowen lifted their price objective on Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a "buy" rating in a research report on Friday, November 22nd. Citigroup lifted their price objective on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a research report on Wednesday, December 11th. Finally, Robert W. Baird lifted their price objective on Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $208.47.
Check Out Our Latest Stock Report on TTWO
Take-Two Interactive Software Stock Down 0.6 %
Shares of NASDAQ:TTWO traded down $1.33 during trading on Friday, hitting $208.76. 1,454,175 shares of the company's stock traded hands, compared to its average volume of 1,516,742. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $215.84. 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 company has a market cap of $36.66 billion, a price-to-earnings ratio of -9.79, a price-to-earnings-growth ratio of 5.68 and a beta of 0.89. The company has a 50-day moving average price of $188.07 and a 200-day moving average price of $170.69.
Insider Activity
In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total value of $145,796.28. Following the sale, the insider now owns 149,379 shares in the company, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.45% of the stock is currently owned by company insiders.
Take-Two Interactive Software Company 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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