Cyndeo Wealth Partners LLC acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,532 shares of the company’s stock, valued at approximately $1,101,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Callan Family Office LLC bought a new position in shares of Take-Two Interactive Software during the 2nd quarter worth about $832,000. Trifecta Capital Advisors LLC bought a new position in shares of Take-Two Interactive Software during the 2nd quarter worth about $97,000. Maryland State Retirement & Pension System boosted its position in shares of Take-Two Interactive Software by 8.0% during the 2nd quarter. Maryland State Retirement & Pension System now owns 8,700 shares of the company’s stock worth $2,113,000 after purchasing an additional 641 shares in the last quarter. Castle Rock Wealth Management LLC bought a new position in shares of Take-Two Interactive Software during the 2nd quarter worth about $1,044,000. Finally, WESPAC Advisors LLC bought a new position in shares of Take-Two Interactive Software during the 2nd quarter worth about $279,000. Institutional investors own 95.46% of the company’s stock.
Take-Two Interactive Software Trading Down 1.8%
NASDAQ:TTWO opened at $251.97 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.16 and a current ratio of 1.16. The firm has a market cap of $46.48 billion, a price-to-earnings ratio of -10.53, a price-to-earnings-growth ratio of 5.45 and a beta of 1.01. Take-Two Interactive Software, Inc. has a 52 week low of $153.06 and a 52 week high of $262.19. The firm has a 50-day moving average price of $241.66 and a two-hundred day moving average price of $231.55.
Insider Transactions at Take-Two Interactive Software
In other news, Director Jon J. Moses sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $239.57, for a total transaction of $239,570.00. Following the completion of the sale, the director owned 21,901 shares in the company, valued at $5,246,822.57. This trade represents a 4.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $528,867.75. Following the sale, the director owned 9,063 shares of the company’s stock, valued at approximately $2,061,560.61. The trade was a 20.42% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 141,825 shares of company stock worth $32,532,671. Company insiders own 1.34% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the stock. Bank of America raised their price target on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Citigroup raised their price target on shares of Take-Two Interactive Software from $260.00 to $270.00 and gave the company a “buy” rating in a research report on Wednesday, July 23rd. Wedbush raised their price target on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. DA Davidson raised their price target on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday. Finally, UBS Group raised their price target on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Nineteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $251.60.
View Our Latest Report on Take-Two Interactive Software
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.
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