Strategic Planning Group LLC Makes New $3.20 Million Investment in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Strategic Planning Group LLC bought a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 17,408 shares of the company's stock, valued at approximately $3,204,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Itau Unibanco Holding S.A. acquired a new stake in Take-Two Interactive Software in the third quarter valued at approximately $27,000. Versant Capital Management Inc raised its stake in shares of Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company's stock worth $34,000 after buying an additional 87 shares during the period. Truvestments Capital LLC purchased a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at approximately $31,000. Friedenthal Financial acquired a new stake in Take-Two Interactive Software in the 4th quarter valued at $50,000. Finally, Catalyst Capital Advisors LLC increased its holdings in Take-Two Interactive Software by 69.3% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company's stock worth $43,000 after acquiring an additional 115 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Insider Transactions at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 777 shares of the company's stock in a transaction that occurred 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 transaction, the insider now directly owns 149,379 shares in the company, valued at approximately $28,029,475.56. This represents a 0.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of the sale, the director now owns 9,692 shares of the company's stock, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.45% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on TTWO. Wedbush reiterated an "outperform" rating and issued a $190.00 target price on shares of Take-Two Interactive Software in a research report on Monday, December 9th. The Goldman Sachs Group lifted their price objective on Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. Oppenheimer increased their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a report on Tuesday, January 21st. Roth Mkm lifted their price target on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a "buy" rating in a research note on Tuesday, November 19th. Finally, TD Cowen increased their price objective on Take-Two Interactive Software from $176.00 to $211.00 and gave the company a "buy" rating in a research note on Friday, November 22nd. Two equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $204.06.

Take-Two Interactive Software Trading Up 0.3 %

Take-Two Interactive Software stock traded up $0.56 during mid-day trading on Monday, hitting $186.07. The company's stock had a trading volume of 1,739,314 shares, compared to its average volume of 1,549,715. The stock's fifty day moving average is $185.71 and its two-hundred day moving average is $167.39. 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 firm has a market capitalization of $32.68 billion, a PE ratio of -8.79, a price-to-earnings-growth ratio of 5.76 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $192.50.

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.