Profund Advisors LLC boosted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 5.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,419 shares of the company’s stock after acquiring an additional 1,008 shares during the quarter. Profund Advisors LLC’s holdings in Take-Two Interactive Software were worth $4,716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently bought and sold shares of TTWO. ORG Partners LLC grew its holdings in shares of Take-Two Interactive Software by 115.7% in the second quarter. ORG Partners LLC now owns 110 shares of the company’s stock worth $26,000 after purchasing an additional 59 shares during the last quarter. Blue Trust Inc. grew its holdings in Take-Two Interactive Software by 101.9% in the 2nd quarter. Blue Trust Inc. now owns 105 shares of the company’s stock worth $26,000 after acquiring an additional 53 shares during the last quarter. 1 North Wealth Services LLC bought a new stake in Take-Two Interactive Software in the 1st quarter worth $29,000. Game Plan Financial Advisors LLC bought a new position in shares of Take-Two Interactive Software during the first quarter valued at about $31,000. Finally, LGT Financial Advisors LLC purchased a new stake in shares of Take-Two Interactive Software during the second quarter worth about $34,000. Institutional investors own 95.46% of the company’s stock.
Take-Two Interactive Software Trading Down 8.1%
NASDAQ:TTWO opened at $232.00 on Monday. The firm has a market capitalization of $42.80 billion, a P/E ratio of -9.69, a PEG ratio of 5.10 and a beta of 1.00. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. Take-Two Interactive Software, Inc. has a one year low of $173.20 and a one year high of $264.79. The company’s 50-day simple moving average is $251.84 and its 200 day simple moving average is $238.62.
Insider Transactions at Take-Two Interactive Software
In related news, insider Daniel P. Emerson sold 22,479 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $227.47, for a total transaction of $5,113,298.13. Following the sale, the insider directly owned 129,792 shares of the company’s stock, valued at approximately $29,523,786.24. This represents a 14.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jon J. Moses sold 1,000 shares of the firm’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $231.33, for a total transaction of $231,330.00. Following the sale, the director owned 22,901 shares of the company’s stock, valued at approximately $5,297,688.33. This represents a 4.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 141,822 shares of company stock worth $32,540,844 over the last quarter. Corporate insiders own 1.34% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on TTWO. JPMorgan Chase & Co. boosted their price target on Take-Two Interactive Software from $250.00 to $275.00 and gave the company an “overweight” rating in a report on Friday, August 8th. DA Davidson boosted their price objective 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, October 9th. Jefferies Financial Group raised their target price on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Citigroup boosted 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. Finally, CICC Research started coverage on shares of Take-Two Interactive Software in a research note on Tuesday, September 30th. They issued an “outperform” rating and a $272.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $259.45.
View Our Latest Stock Analysis on Take-Two Interactive Software
Take-Two Interactive Software Company 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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