Stifel Financial Corp raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 7.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 102,036 shares of the company's stock after acquiring an additional 6,858 shares during the period. Stifel Financial Corp owned about 0.06% of Take-Two Interactive Software worth $15,684,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Itau Unibanco Holding S.A. acquired a new stake in Take-Two Interactive Software during the third quarter worth $27,000. Crewe Advisors LLC increased its stake in Take-Two Interactive Software by 297.9% in the second quarter. Crewe Advisors LLC now owns 191 shares of the company's stock valued at $30,000 after acquiring an additional 143 shares during the period. UMB Bank n.a. raised its position in Take-Two Interactive Software by 155.1% in the second quarter. UMB Bank n.a. now owns 199 shares of the company's stock worth $31,000 after purchasing an additional 121 shares in the last quarter. Truvestments Capital LLC bought a new position in Take-Two Interactive Software during the third quarter worth about $31,000. Finally, HHM Wealth Advisors LLC acquired a new stake in Take-Two Interactive Software during the second quarter valued at approximately $37,000. Institutional investors and hedge funds own 95.46% of the company's stock.
Insider Activity at Take-Two Interactive Software
In related news, insider Daniel P. Emerson sold 777 shares of the company's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the sale, the insider now owns 149,379 shares in the company, valued at $28,029,475.56. This represents a 0.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the transaction, the director now owns 9,692 shares in the company, valued at approximately $1,736,515.64. This 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 currently owned by corporate insiders.
Take-Two Interactive Software Trading Up 2.8 %
Shares of Take-Two Interactive Software stock traded up $5.20 on Wednesday, hitting $190.56. 1,082,396 shares of the company's stock traded hands, compared to its average volume of 1,593,759. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $191.91. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a market capitalization of $33.47 billion, a PE ratio of -8.88, a price-to-earnings-growth ratio of 5.89 and a beta of 0.88. The firm's 50-day moving average price is $170.80 and its two-hundred day moving average price is $159.86.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on TTWO shares. Redburn Atlantic assumed coverage on Take-Two Interactive Software in a report on Thursday, August 29th. They issued a "buy" rating and a $194.00 target price for the company. BMO Capital Markets reissued an "outperform" rating and set a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. Bank of America reaffirmed a "buy" rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. The Goldman Sachs Group lifted their price target on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the company a "buy" rating in a report on Thursday, November 7th. Finally, TD Cowen upped their price objective on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a "buy" rating in a research note on Friday, November 22nd. Three 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 company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $195.50.
Read Our Latest Report on TTWO
About Take-Two Interactive Software
(
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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