Kingsview Wealth Management LLC Purchases 405 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Kingsview Wealth Management LLC lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 8.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 5,368 shares of the company’s stock after acquiring an additional 405 shares during the period. Kingsview Wealth Management LLC’s holdings in Take-Two Interactive Software were worth $988,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Itau Unibanco Holding S.A. bought a new stake in shares of Take-Two Interactive Software in the 3rd quarter worth about $27,000. Versant Capital Management Inc lifted its holdings in Take-Two Interactive Software by 87.0% during the 4th 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 bought a new stake in Take-Two Interactive Software during the 3rd quarter valued at about $31,000. Friedenthal Financial bought a new stake in Take-Two Interactive Software during the 4th quarter valued at about $50,000. Finally, Catalyst Capital Advisors LLC lifted its holdings in Take-Two Interactive Software by 69.3% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock valued at $43,000 after buying an additional 115 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Citigroup lifted their price objective on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Raymond James reiterated an “outperform” rating and set a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Stifel Nicolaus lifted their price objective on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a report on Tuesday, January 21st. TD Cowen lifted their price objective on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Finally, Oppenheimer boosted their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, one has assigned a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $208.47.

Insiders Place Their Bets

In other 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 approximately $28,029,475.56. The trade was a 0.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.45% of the stock is currently owned by corporate insiders.

Take-Two Interactive Software Stock Down 1.2 %

Shares of NASDAQ:TTWO opened at $209.94 on Wednesday. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $215.84. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $36.87 billion, a price-to-earnings ratio of -9.84, a price-to-earnings-growth ratio of 5.68 and a beta of 0.89. The company has a 50 day moving average of $186.87 and a two-hundred day moving average of $169.59.

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.