Tectonic Advisors LLC Buys 222 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Tectonic Advisors LLC boosted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 8.7% during the fourth quarter, Holdings Channel reports. The fund owned 2,774 shares of the company’s stock after acquiring an additional 222 shares during the period. Tectonic Advisors LLC’s holdings in Take-Two Interactive Software were worth $511,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in TTWO. Cetera Investment Advisers increased its position in shares of Take-Two Interactive Software by 12.8% during the 2nd quarter. Cetera Investment Advisers now owns 14,987 shares of the company’s stock valued at $2,330,000 after purchasing an additional 1,706 shares during the last quarter. Sanctuary Advisors LLC bought a new position in Take-Two Interactive Software during the second quarter valued at approximately $638,000. Czech National Bank raised its stake in shares of Take-Two Interactive Software by 9.7% during the third quarter. Czech National Bank now owns 33,207 shares of the company’s stock worth $5,104,000 after acquiring an additional 2,948 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Take-Two Interactive Software by 5.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,709 shares of the company’s stock worth $263,000 after acquiring an additional 92 shares during the last quarter. Finally, Miracle Mile Advisors LLC boosted its stake in shares of Take-Two Interactive Software by 175.9% in the 3rd quarter. Miracle Mile Advisors LLC now owns 4,960 shares of the company’s stock valued at $762,000 after purchasing an additional 3,162 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Insiders Place Their Bets

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

Analysts Set New Price Targets

A number of brokerages recently commented on TTWO. The Goldman Sachs Group lifted their target price on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Wedbush reiterated an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a report on Monday, December 9th. Oppenheimer increased their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a report on Tuesday, January 21st. Citigroup raised their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Finally, JPMorgan Chase & Co. boosted their price objective on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. One research analyst has 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. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $206.24.

Take-Two Interactive Software Price Performance

TTWO stock opened at $184.92 on Thursday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $192.50. The firm has a 50-day moving average of $185.58 and a 200 day moving average of $167.99.

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.