Ashton Thomas Securities LLC purchased a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 481 shares of the company’s stock, valued at approximately $74,000.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Crewe Advisors LLC raised its holdings in shares of Take-Two Interactive Software by 297.9% during the second quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after purchasing an additional 143 shares during the period. UMB Bank n.a. boosted its stake in Take-Two Interactive Software by 155.1% during the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company’s stock valued at $31,000 after purchasing an additional 121 shares during the last quarter. Blue Trust Inc. increased its holdings in Take-Two Interactive Software by 410.6% during the 2nd quarter. Blue Trust Inc. now owns 240 shares of the company’s stock worth $36,000 after purchasing an additional 193 shares in the last quarter. HHM Wealth Advisors LLC purchased a new stake in shares of Take-Two Interactive Software in the second quarter worth approximately $37,000. Finally, BOKF NA boosted its position in shares of Take-Two Interactive Software by 466.7% during the first quarter. BOKF NA now owns 272 shares of the company’s stock valued at $41,000 after buying an additional 224 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have commented on TTWO shares. Morgan Stanley increased their price objective on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Redburn Atlantic initiated coverage on Take-Two Interactive Software in a research note on Thursday, August 29th. They set a “buy” rating and a $194.00 target price on the stock. Benchmark increased their price target on shares of Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, August 21st. Roth Mkm lifted their price objective on shares of Take-Two Interactive Software from $180.00 to $182.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Finally, TD Cowen increased their target price on shares of Take-Two Interactive Software from $173.00 to $176.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $188.05.
Insider Buying and Selling
In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the transaction, the director now directly owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the transaction, the director now directly owns 9,692 shares in the company, valued at $1,736,515.64. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Michael Sheresky sold 191 shares of the firm’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $149.83, for a total transaction of $28,617.53. Following the completion of the transaction, the director now directly owns 64,378 shares of the company’s stock, valued at approximately $9,645,755.74. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.45% of the stock is currently owned by corporate insiders.
Take-Two Interactive Software Price Performance
TTWO stock opened at $180.55 on Wednesday. The company has a quick ratio of 0.90, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $180.67. The company has a fifty day simple moving average of $157.60 and a two-hundred day simple moving average of $154.37. The firm has a market capitalization of $31.65 billion, a P/E ratio of -8.53, a price-to-earnings-growth ratio of 5.44 and a beta of 0.85.
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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