Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Acquired by Bleakley Financial Group LLC

Bleakley Financial Group LLC lifted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 6.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,451 shares of the company’s stock after purchasing an additional 224 shares during the period. Bleakley Financial Group LLC’s holdings in Take-Two Interactive Software were worth $635,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Swiss National Bank raised its holdings in Take-Two Interactive Software by 2.7% during the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company’s stock worth $75,857,000 after buying an additional 13,200 shares during the period. CIBC Asset Management Inc raised its holdings in shares of Take-Two Interactive Software by 9.1% during the third quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock valued at $8,200,000 after acquiring an additional 4,456 shares during the period. Paloma Partners Management Co acquired a new stake in shares of Take-Two Interactive Software during the third quarter valued at approximately $20,290,000. Fiduciary Alliance LLC purchased a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $734,000. Finally, TriaGen Wealth Management LLC acquired a new position in Take-Two Interactive Software in the 4th quarter worth approximately $559,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Trading Up 14.0 %

Shares of TTWO stock opened at $208.77 on Monday. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $212.88. The company has a market cap of $36.67 billion, a PE ratio of -9.79, a price-to-earnings-growth ratio of 5.68 and a beta of 0.89. 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 business’s 50 day moving average is $185.94 and its two-hundred day moving average is $168.73.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. 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. UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. Roth Mkm lifted their target price on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Moffett Nathanson raised their price target on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Oppenheimer upped their price objective on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, January 21st. Two analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $208.47.

Insider Activity at Take-Two Interactive Software

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. 1.45% of the stock is currently owned by company insiders.

Take-Two Interactive Software 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.