CX Institutional Takes $244,000 Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

CX Institutional acquired a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 4th quarter, Holdings Channel.com reports. The firm acquired 1,327 shares of the company’s stock, valued at approximately $244,000.

Several other institutional investors have also modified their holdings of the business. Donoghue Forlines LLC bought a new position in shares of Take-Two Interactive Software during the 4th quarter valued at about $2,065,000. Janney Montgomery Scott LLC lifted its stake in Take-Two Interactive Software by 7.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 11,379 shares of the company’s stock valued at $2,095,000 after acquiring an additional 811 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in Take-Two Interactive Software by 2.9% in the 4th quarter. Nisa Investment Advisors LLC now owns 40,506 shares of the company’s stock valued at $7,456,000 after acquiring an additional 1,123 shares in the last quarter. Simon Quick Advisors LLC lifted its stake in Take-Two Interactive Software by 8.5% in the 4th quarter. Simon Quick Advisors LLC now owns 1,617 shares of the company’s stock valued at $298,000 after acquiring an additional 127 shares in the last quarter. Finally, Roberts Wealth Advisors LLC lifted its stake in Take-Two Interactive Software by 0.8% in the 4th quarter. Roberts Wealth Advisors LLC now owns 24,577 shares of the company’s stock valued at $4,456,000 after acquiring an additional 206 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on TTWO shares. UBS Group boosted their target price on Take-Two Interactive Software from $156.00 to $175.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. TD Cowen boosted their target price on Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. BMO Capital Markets reiterated an “outperform” rating and set a $240.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Stifel Nicolaus upped their price objective on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research note on Tuesday, January 21st. Finally, The Goldman Sachs Group upped 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. Three investment 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 data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $200.58.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO opened at $185.49 on Monday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The stock’s fifty day moving average price is $185.46 and its two-hundred day moving average price is $166.12. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $192.14. The firm has a market cap of $32.58 billion, a price-to-earnings ratio of -8.77, a P/E/G ratio of 5.84 and a beta of 0.89.

Insider Buying and Selling at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the sale, the insider now directly owns 149,379 shares in the company, valued at approximately $28,029,475.56. This represents a 0.52 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $179.17, for a total value of $358,340.00. Following the sale, the director now owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.45% of the company’s stock.

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.