Avior Wealth Management LLC Grows Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Avior Wealth Management LLC raised its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 5.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,622 shares of the company’s stock after acquiring an additional 91 shares during the quarter. Avior Wealth Management LLC’s holdings in Take-Two Interactive Software were worth $249,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA grew its holdings in Take-Two Interactive Software by 4.2% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,744,251 shares of the company’s stock valued at $737,684,000 after buying an additional 192,774 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Take-Two Interactive Software by 17.6% during the second 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 boosted its stake in shares of Take-Two Interactive Software by 1.8% during the first 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 during the last quarter. 1832 Asset Management L.P. raised its stake in Take-Two Interactive Software by 49.9% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,619,380 shares of the company’s stock valued at $251,797,000 after purchasing an additional 538,906 shares during the last quarter. Finally, DNB Asset Management AS boosted its stake in shares of Take-Two Interactive Software by 6.7% during the 2nd quarter. DNB Asset Management AS now owns 1,406,841 shares of the company’s stock worth $218,750,000 after purchasing an additional 88,908 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on TTWO. JPMorgan Chase & Co. cut their price target on Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating for the company in a report on Tuesday, October 22nd. Hsbc Global Res upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 12th. HSBC raised Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price target on the stock in a research note on Monday, August 12th. BMO Capital Markets increased their price objective on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Finally, Redburn Atlantic started coverage on shares of Take-Two Interactive Software in a research report on Thursday, August 29th. They issued a “buy” rating and a $194.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $191.75.

Insider Activity

In other news, 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 directly owns 9,692 shares in the company, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ:TTWO opened at $188.15 on Friday. The business’s 50-day simple moving average is $162.18 and its 200 day simple moving average is $156.42. The company has a market cap of $33.04 billion, a P/E ratio of -8.89, a PEG ratio of 5.61 and a beta of 0.85. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $188.45.

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.