9,315 Shares in Take-Two Interactive Software, Inc. $TTWO Purchased by Donoghue Forlines LLC

Donoghue Forlines LLC acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,315 shares of the company’s stock, valued at approximately $2,385,000. Take-Two Interactive Software makes up about 0.7% of Donoghue Forlines LLC’s investment portfolio, making the stock its 28th largest position.

Other institutional investors have also added to or reduced their stakes in the company. LBP AM SA increased its stake in Take-Two Interactive Software by 298.2% in the 4th quarter. LBP AM SA now owns 64,611 shares of the company’s stock worth $16,542,000 after acquiring an additional 48,384 shares during the last quarter. AGF Management Ltd. increased its stake in Take-Two Interactive Software by 33.1% in the 3rd quarter. AGF Management Ltd. now owns 72,828 shares of the company’s stock worth $18,816,000 after acquiring an additional 18,119 shares during the last quarter. Compass Wealth Management LLC bought a new position in Take-Two Interactive Software in the 3rd quarter worth about $3,419,000. M&G PLC bought a new position in Take-Two Interactive Software in the 3rd quarter worth about $12,465,000. Finally, Robeco Institutional Asset Management B.V. increased its stake in Take-Two Interactive Software by 24.3% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 585,950 shares of the company’s stock worth $150,021,000 after acquiring an additional 114,403 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock opened at $242.41 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $44.89 billion, a PE ratio of -10.83, a price-to-earnings-growth ratio of 3.39 and a beta of 0.97. The business’s 50-day moving average price is $208.91 and its 200-day moving average price is $226.35. Take-Two Interactive Software, Inc. has a 12 month low of $187.63 and a 12 month high of $264.79.

Analysts Set New Price Targets

Several research firms have recently weighed in on TTWO. Weiss Ratings restated a “sell (d)” rating on shares of Take-Two Interactive Software in a research report on Wednesday, January 21st. Wells Fargo & Company cut their target price on shares of Take-Two Interactive Software from $295.00 to $293.00 and set an “overweight” rating for the company in a research report on Monday, April 6th. DA Davidson reiterated a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research report on Wednesday, February 4th. Wedbush reiterated an “outperform” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research report on Tuesday, March 3rd. Finally, Zacks Research lowered shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $284.31.

Insider Activity

In other news, insider Daniel P. Emerson sold 1,698 shares of the stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $213.62, for a total transaction of $362,726.76. Following the transaction, the insider directly owned 125,001 shares in the company, valued at approximately $26,702,713.62. This represents a 1.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Sheresky sold 155 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $194.73, for a total value of $30,183.15. Following the transaction, the director owned 65,626 shares in the company, valued at $12,779,350.98. This trade represents a 0.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 65,292 shares of company stock worth $13,978,938. 1.34% of the stock is currently owned by insiders.

About Take-Two Interactive Software

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.