Sora Investors LLC Purchases 55,000 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Sora Investors LLC grew its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 366.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 70,000 shares of the company's stock after buying an additional 55,000 shares during the period. Take-Two Interactive Software makes up 1.9% of Sora Investors LLC's holdings, making the stock its 20th biggest position. Sora Investors LLC's holdings in Take-Two Interactive Software were worth $10,760,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Itau Unibanco Holding S.A. bought a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at $27,000. Crewe Advisors LLC lifted its position in Take-Two Interactive Software by 297.9% during the second quarter. Crewe Advisors LLC now owns 191 shares of the company's stock worth $30,000 after purchasing an additional 143 shares during the period. UMB Bank n.a. grew its stake in Take-Two Interactive Software by 155.1% during the second quarter. UMB Bank n.a. now owns 199 shares of the company's stock worth $31,000 after buying an additional 121 shares in the last quarter. Truvestments Capital LLC bought a new position in Take-Two Interactive Software in the 3rd quarter valued at about $31,000. Finally, Blue Trust Inc. raised its position in shares of Take-Two Interactive Software by 410.6% in the 2nd quarter. Blue Trust Inc. now owns 240 shares of the company's stock valued at $36,000 after buying an additional 193 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Stock Performance

TTWO traded up $0.72 during midday trading on Friday, hitting $190.75. 509,910 shares of the company traded hands, compared to its average volume of 1,594,626. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $191.91. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. The company's 50-day moving average is $168.69 and its 200 day moving average is $159.01. The firm has a market capitalization of $33.50 billion, a PE ratio of -8.98, a price-to-earnings-growth ratio of 6.18 and a beta of 0.89.

Insider Activity at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the sale, the insider now owns 149,379 shares of the company's stock, valued at approximately $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 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 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 $1,736,515.64. The trade was 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 currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on TTWO shares. HSBC raised Take-Two Interactive Software from a "hold" rating to a "buy" rating and set a $179.00 price target for the company in a report on Monday, August 12th. Robert W. Baird raised their target price 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. Bank of America reissued a "buy" rating and set a $185.00 target price on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Wedbush restated an "outperform" rating and issued a $190.00 price target on shares of Take-Two Interactive Software in a report on Thursday, November 7th. Finally, StockNews.com upgraded shares of Take-Two Interactive Software from a "sell" rating to a "hold" rating in a report on Friday. Three equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Take-Two Interactive Software has an average rating of "Moderate Buy" and an average target price of $194.25.

Take-Two Interactive Software Company 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.