Meeder Advisory Services Inc. Has $568,000 Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Meeder Advisory Services Inc. increased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 24.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,739 shares of the company’s stock after buying an additional 545 shares during the period. Meeder Advisory Services Inc.’s holdings in Take-Two Interactive Software were worth $568,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Park Square Financial Group LLC bought a new stake in shares of Take-Two Interactive Software during the 4th quarter worth $28,000. North Capital Inc. bought a new stake in shares of Take-Two Interactive Software during the 1st quarter worth $35,000. Graybill Wealth Management LTD. bought a new stake in shares of Take-Two Interactive Software during the 1st quarter worth $37,000. Cullen Frost Bankers Inc. boosted its holdings in shares of Take-Two Interactive Software by 46.0% during the 1st quarter. Cullen Frost Bankers Inc. now owns 181 shares of the company’s stock worth $38,000 after buying an additional 57 shares during the period. Finally, Itau Unibanco Holding S.A. boosted its holdings in shares of Take-Two Interactive Software by 41.4% during the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company’s stock worth $45,000 after buying an additional 72 shares during the period. 95.46% of the stock is owned by institutional investors.

Insider Activity

In related news, insider Daniel P. Emerson sold 27,056 shares of Take-Two Interactive Software stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $225.22, for a total transaction of $6,093,552.32. Following the completion of the transaction, the insider directly owned 152,271 shares of the company’s stock, valued at $34,294,474.62. This trade represents a 15.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President Karl Slatoff sold 216,661 shares of Take-Two Interactive Software stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $225.75, for a total transaction of $48,911,220.75. Following the transaction, the president directly owned 1,206,427 shares of the company’s stock, valued at $272,350,895.25. This represents a 15.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 460,792 shares of company stock valued at $104,014,443. Company insiders own 1.45% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on TTWO shares. DA Davidson upped their price objective on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, May 16th. BMO Capital Markets reissued an “outperform” rating and issued a $236.00 price target (down from $240.00) on shares of Take-Two Interactive Software in a report on Monday, May 5th. Citigroup increased 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 report on Wednesday, July 23rd. UBS Group increased their price target on shares of Take-Two Interactive Software from $230.00 to $275.00 and gave the company a “buy” rating in a report on Friday, May 16th. Finally, Morgan Stanley increased their price target on shares of Take-Two Interactive Software from $210.00 to $265.00 and gave the company an “overweight” rating in a report on Monday, May 19th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and an average target price of $234.05.

Take-Two Interactive Software Trading Down 0.1%

Shares of TTWO stock opened at $223.81 on Thursday. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $245.07. The company has a market capitalization of $41.29 billion, a P/E ratio of -8.81, a P/E/G ratio of 5.75 and a beta of 1.03. The firm has a 50-day moving average price of $233.85 and a 200 day moving average price of $217.10. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.18.

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.