Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Position Boosted by Roberts Wealth Advisors LLC

Roberts Wealth Advisors LLC increased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.8% during the fourth quarter, Holdings Channel reports. The firm owned 24,577 shares of the company’s stock after purchasing an additional 206 shares during the period. Take-Two Interactive Software makes up 1.4% of Roberts Wealth Advisors LLC’s portfolio, making the stock its 26th largest holding. Roberts Wealth Advisors LLC’s holdings in Take-Two Interactive Software were worth $4,456,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Itau Unibanco Holding S.A. acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at $27,000. Versant Capital Management Inc lifted its stake in Take-Two Interactive Software by 87.0% during the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock valued at $34,000 after buying an additional 87 shares in the last quarter. Truvestments Capital LLC acquired a new position in shares of Take-Two Interactive Software in the third quarter worth about $31,000. Friedenthal Financial purchased a new position in shares of Take-Two Interactive Software in the fourth quarter worth approximately $50,000. Finally, Catalyst Capital Advisors LLC increased its position in shares of Take-Two Interactive Software by 69.3% in the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock worth $43,000 after acquiring an additional 115 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the transaction, the insider now owns 149,379 shares of the company’s stock, valued at $28,029,475.56. The trade was a 0.52 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the sale, the director now owns 9,692 shares of the company’s stock, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is currently owned by insiders.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $185.14 on Wednesday. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $192.14. The company’s fifty day moving average price is $185.13 and its two-hundred day moving average price is $165.37. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85.

Wall Street Analysts Forecast Growth

TTWO has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. TD Cowen increased their target price on Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Oppenheimer lifted their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a report on Tuesday. The Goldman Sachs Group increased their price objective on Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Finally, StockNews.com raised Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Three research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $200.58.

About Take-Two Interactive Software

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.