TriaGen Wealth Management LLC bought a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,039 shares of the company's stock, valued at approximately $559,000.
Several other institutional investors have also recently made changes to their positions in TTWO. Itau Unibanco Holding S.A. purchased a new stake in shares of Take-Two Interactive Software in the third quarter worth $27,000. Truvestments Capital LLC purchased a new stake in shares of Take-Two Interactive Software in the third quarter worth $31,000. Versant Capital Management Inc raised its position 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 worth $34,000 after buying an additional 87 shares in the last quarter. Catalyst Capital Advisors LLC raised its position 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 worth $43,000 after buying an additional 115 shares in the last quarter. Finally, AM Squared Ltd purchased a new stake in shares of Take-Two Interactive Software in the third quarter worth $46,000. Hedge funds and other institutional investors own 95.46% of the company's stock.
Insider Buying and Selling
In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the firm's stock in a transaction dated 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 directly owns 149,379 shares in the company, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the firm's stock in a transaction dated Friday, November 8th. The stock was 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 ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is owned by insiders.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the company. JPMorgan Chase & Co. increased their price objective on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an "overweight" rating in a research report on Wednesday, December 18th. Stifel Nicolaus increased their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a "buy" rating in a research note on Tuesday, January 21st. The Goldman Sachs Group increased their target price on 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. UBS Group raised Take-Two Interactive Software from a "neutral" rating to a "buy" rating and increased their target price for the company from $175.00 to $230.00 in a research note on Monday, January 27th. Finally, 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 research note on Tuesday, January 21st. Two analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $204.06.
Read Our Latest Analysis on TTWO
Take-Two Interactive Software Trading Down 1.4 %
Shares of NASDAQ TTWO traded down $2.64 during trading hours on Tuesday, hitting $183.44. The company's stock had a trading volume of 1,212,554 shares, compared to its average volume of 1,532,026. 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 stock has a market cap of $32.22 billion, a price-to-earnings ratio of -8.67, a P/E/G ratio of 5.76 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $192.50. The business has a 50-day simple moving average of $185.68 and a 200-day simple moving average of $167.64.
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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