Summit Place Financial Advisors LLC grew its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 11.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,563 shares of the company’s stock after buying an additional 690 shares during the period. Summit Place Financial Advisors LLC’s holdings in Take-Two Interactive Software were worth $1,594,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. Blue Trust Inc. boosted its holdings in shares of Take-Two Interactive Software by 101.9% in the 2nd quarter. Blue Trust Inc. now owns 105 shares of the company’s stock valued at $26,000 after buying an additional 53 shares in the last quarter. ORG Partners LLC boosted its holdings in shares of Take-Two Interactive Software by 115.7% in the 2nd quarter. ORG Partners LLC now owns 110 shares of the company’s stock valued at $26,000 after buying an additional 59 shares in the last quarter. 1 North Wealth Services LLC bought a new stake in shares of Take-Two Interactive Software in the 1st quarter valued at about $29,000. Game Plan Financial Advisors LLC bought a new stake in shares of Take-Two Interactive Software in the 1st quarter valued at about $31,000. Finally, North Capital Inc. bought a new stake in shares of Take-Two Interactive Software in the 1st quarter valued at about $35,000. 95.46% of the stock is currently owned by institutional investors.
Take-Two Interactive Software Stock Performance
Shares of NASDAQ TTWO opened at $251.97 on Friday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. Take-Two Interactive Software, Inc. has a 12 month low of $153.06 and a 12 month high of $262.19. The company has a 50 day simple moving average of $241.66 and a two-hundred day simple moving average of $231.55. The stock has a market cap of $46.48 billion, a price-to-earnings ratio of -10.53, a PEG ratio of 5.45 and a beta of 1.01.
Analyst Ratings Changes
TTWO has been the topic of a number of recent analyst reports. Wells Fargo & Company raised their price target on shares of Take-Two Interactive Software from $270.00 to $277.00 and gave the company an “overweight” rating in a report on Tuesday. UBS Group raised their price target on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the company a “buy” rating in a report on Friday, August 8th. Wedbush lifted their target price on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, August 8th. CICC Research initiated coverage on shares of Take-Two Interactive Software in a research note on Tuesday, September 30th. They issued an “outperform” rating and a $272.00 target price for the company. Finally, JPMorgan Chase & Co. lifted their target price on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an “overweight” rating in a research note on Friday, August 8th. Nineteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $251.60.
Read Our Latest Report on Take-Two Interactive Software
Insider Buying and Selling at Take-Two Interactive Software
In other Take-Two Interactive Software news, Director Jon J. Moses sold 1,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $239.57, for a total transaction of $239,570.00. Following the completion of the sale, the director directly owned 21,901 shares in the company, valued at approximately $5,246,822.57. The trade was a 4.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Ellen F. Siminoff sold 414 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $246.25, for a total transaction of $101,947.50. Following the sale, the director owned 3,003 shares of the company’s stock, valued at approximately $739,488.75. The trade was a 12.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 141,825 shares of company stock worth $32,532,671. Corporate insiders own 1.34% 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.
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