Prosperity Financial Group Inc. Makes New $429,000 Investment in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Prosperity Financial Group Inc. bought a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The firm bought 2,793 shares of the company's stock, valued at approximately $429,000.

A number of other institutional investors have also made changes to their positions in the company. Massachusetts Financial Services Co. MA lifted its position in shares of Take-Two Interactive Software by 13.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company's stock worth $828,994,000 after purchasing an additional 648,982 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Take-Two Interactive Software by 17.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company's stock valued at $694,173,000 after acquiring an additional 666,198 shares during the last quarter. Boston Partners raised its position in shares of Take-Two Interactive Software by 1.8% during the 1st quarter. Boston Partners now owns 2,697,648 shares of the company's stock valued at $400,379,000 after acquiring an additional 48,909 shares in the last quarter. 1832 Asset Management L.P. raised its stake in Take-Two Interactive Software by 49.9% during the second quarter. 1832 Asset Management L.P. now owns 1,619,380 shares of the company's stock worth $251,797,000 after acquiring an additional 538,906 shares during the period. Finally, DNB Asset Management AS increased its position in Take-Two Interactive Software by 6.7% in the second quarter. DNB Asset Management AS now owns 1,406,841 shares of the company's stock worth $218,750,000 after buying an additional 88,908 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on TTWO. Morgan Stanley boosted 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 increased their price target on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an "outperform" rating in a research note on Thursday, November 7th. BMO Capital Markets lifted their price objective on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the company an "outperform" rating in a research note on Thursday, November 7th. Roth Mkm increased their target price on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a "buy" rating in a research report on Tuesday, November 19th. Finally, The Goldman Sachs Group raised their target price on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $191.75.

Take-Two Interactive Software Trading Up 0.4 %

TTWO traded up $0.68 during trading on Monday, reaching $188.83. The company had a trading volume of 860,632 shares, compared to its average volume of 1,600,456. The firm's 50-day simple moving average is $162.18 and its 200 day simple moving average is $156.55. 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 company has a market cap of $33.16 billion, a price-to-earnings ratio of -8.97, a PEG ratio of 5.67 and a beta of 0.85. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $190.43.

Insider Transactions at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the company's stock in a transaction 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 transaction, the director now directly 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.45% of the stock is currently owned by insiders.

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.