10,138 Shares in Take-Two Interactive Software, Inc. $TTWO Purchased by Dockside LLC

Dockside LLC purchased a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 10,138 shares of the company’s stock, valued at approximately $2,596,000.

A number of other hedge funds also recently bought and sold shares of TTWO. MCF Advisors LLC bought a new position in Take-Two Interactive Software in the 4th quarter worth about $25,000. GHP Investment Advisors Inc. bought a new position in Take-Two Interactive Software in the 4th quarter worth about $28,000. Rachor Investment Advisory Services LLC purchased a new position in shares of Take-Two Interactive Software in the fourth quarter worth $34,000. True Wealth Design LLC lifted its holdings in shares of Take-Two Interactive Software by 91.9% during the fourth quarter. True Wealth Design LLC now owns 142 shares of the company’s stock valued at $36,000 after purchasing an additional 68 shares in the last quarter. Finally, AlphaQuest LLC bought a new position in shares of Take-Two Interactive Software during the third quarter valued at $41,000. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Down 0.2%

Take-Two Interactive Software stock opened at $211.75 on Friday. The stock has a market cap of $39.32 billion, a PE ratio of -130.71, a price-to-earnings-growth ratio of 4.19 and a beta of 0.98. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.24 and a current ratio of 1.24. Take-Two Interactive Software, Inc. has a one year low of $187.63 and a one year high of $264.79. The stock has a fifty day moving average of $217.25 and a 200 day moving average of $223.39.

Analyst Ratings Changes

TTWO has been the topic of a number of research analyst reports. BMO Capital Markets reaffirmed an “outperform” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. Wedbush reaffirmed an “outperform” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a report on Tuesday, March 3rd. Wells Fargo & Company lowered their price target on Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating on the stock in a report on Friday, May 22nd. Finally, Piper Sandler reaffirmed a “neutral” rating on shares of Take-Two Interactive Software in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $287.06.

Insiders Place Their Bets

In other Take-Two Interactive Software news, Director Michael Dornemann sold 1,151 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $217.02, for a total value of $249,790.02. Following the completion of the sale, the director owned 20,374 shares in the company, valued at $4,421,565.48. This represents a 5.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, President Karl Slatoff sold 40,358 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $216.09, for a total value of $8,720,960.22. Following the completion of the sale, the president owned 40,358 shares of the company’s stock, valued at approximately $8,720,960.22. The trade was a 50.00% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 560,588 shares of company stock valued at $126,322,522. 1.34% of the stock is currently owned by corporate insiders.

Take-Two Interactive Software Company Profile

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.