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

Kingsview Wealth Management LLC grew its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 8.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. 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 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of TTWO. Sanctuary Advisors LLC bought a new position in shares of Take-Two Interactive Software during the second quarter valued at about $638,000. Livforsakringsbolaget Skandia Omsesidigt raised its stake in shares of Take-Two Interactive Software by 241.0% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,330 shares of the company’s stock valued at $204,000 after acquiring an additional 940 shares during the last quarter. Roberts Wealth Advisors LLC increased its position in shares of Take-Two Interactive Software by 1.7% during the third quarter. Roberts Wealth Advisors LLC now owns 24,371 shares of the company’s stock valued at $3,727,000 after buying an additional 402 shares during the period. Beech Hill Advisors Inc. increased its position in shares of Take-Two Interactive Software by 107.5% during the third quarter. Beech Hill Advisors Inc. now owns 14,999 shares of the company’s stock valued at $2,305,000 after buying an additional 7,769 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of Take-Two Interactive Software by 16.5% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 18,182 shares of the company’s stock valued at $2,795,000 after buying an additional 2,571 shares during the period. 95.46% of the stock is owned by institutional investors.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction 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 completion of the transaction, the insider now directly owns 149,379 shares of the company’s stock, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 1.45% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on TTWO. Citigroup boosted their price target on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Morgan Stanley boosted their price target on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Wedbush reiterated an “outperform” rating and set a $215.00 price target on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Moffett Nathanson boosted their price target on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday, February 7th. Finally, The Goldman Sachs Group boosted their price target on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $208.47.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO opened at $209.94 on Wednesday. The firm has a fifty day moving average price of $186.87 and a 200-day moving average price of $169.59. 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 has a market cap of $36.87 billion, a PE ratio of -9.84, a price-to-earnings-growth ratio of 5.68 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $215.84.

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.