 Howard Capital Management Inc. grew its holdings in  Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 20.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,176 shares of the company’s stock after purchasing an additional 202 shares during the period. Howard Capital Management Inc.’s holdings in Take-Two Interactive Software were worth $286,000 at the end of the most recent quarter.
Howard Capital Management Inc. grew its holdings in  Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 20.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,176 shares of the company’s stock after purchasing an additional 202 shares during the period. Howard Capital Management Inc.’s holdings in Take-Two Interactive Software were worth $286,000 at the end of the most recent quarter. 
A number of other hedge funds and other institutional investors also recently made changes to their positions in TTWO. ORG Partners LLC raised its holdings in shares of Take-Two Interactive Software by 115.7% in the second quarter. ORG Partners LLC now owns 110 shares of the company’s stock valued at $26,000 after purchasing an additional 59 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Take-Two Interactive Software by 101.9% in the second quarter. Blue Trust Inc. now owns 105 shares of the company’s stock valued at $26,000 after purchasing an additional 53 shares during the last quarter. 1 North Wealth Services LLC acquired a new stake in shares of Take-Two Interactive Software in the first quarter valued at approximately $29,000. Game Plan Financial Advisors LLC acquired a new stake in shares of Take-Two Interactive Software in the first quarter valued at approximately $31,000. Finally, LGT Financial Advisors LLC acquired a new stake in shares of Take-Two Interactive Software in the second quarter valued at approximately $34,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.
Take-Two Interactive Software Price Performance
NASDAQ:TTWO opened at $252.78 on Friday. Take-Two Interactive Software, Inc. has a 1-year low of $160.83 and a 1-year high of $264.79. The firm has a fifty day simple moving average of $249.61 and a 200 day simple moving average of $236.62. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $46.63 billion, a PE ratio of -10.56, a P/E/G ratio of 5.10 and a beta of 1.01.
Insider Activity
In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,325 shares of Take-Two Interactive Software stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $227.47, for a total transaction of $528,867.75. Following the completion of the transaction, the director directly owned 9,063 shares of the company’s stock, valued at $2,061,560.61. The trade was a 20.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Strauss Zelnick sold 45,000 shares of Take-Two Interactive Software stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $231.20, for a total transaction of $10,404,000.00. Following the transaction, the chief executive officer directly owned 281,495 shares of the company’s stock, valued at approximately $65,081,644. This trade represents a 13.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 141,822 shares of company stock valued at $32,540,844. 1.34% of the stock is owned by company insiders.
Analyst Ratings Changes
A number of analysts have recently issued reports on the stock. Benchmark lifted their price objective on shares of Take-Two Interactive Software from $275.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, October 16th. Wells Fargo & Company lifted their price objective 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, October 7th. JPMorgan Chase & Co. raised their target price on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. Bank of America raised their target price on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Finally, Wedbush raised their target price on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and an average target price of $254.14.
Check Out Our Latest Research Report on TTWO
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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