Hunter Associates Investment Management LLC Acquires 418 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Hunter Associates Investment Management LLC grew its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,133 shares of the company’s stock after acquiring an additional 418 shares during the quarter. Hunter Associates Investment Management LLC’s holdings in Take-Two Interactive Software were worth $2,416,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in TTWO. Swiss National Bank grew its position in Take-Two Interactive Software by 2.7% during the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company’s stock worth $75,857,000 after acquiring an additional 13,200 shares during the last quarter. CIBC Asset Management Inc grew its holdings in shares of Take-Two Interactive Software by 9.1% during the third quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock worth $8,200,000 after purchasing an additional 4,456 shares during the last quarter. Paloma Partners Management Co acquired a new position in shares of Take-Two Interactive Software in the third quarter valued at approximately $20,290,000. Fiduciary Alliance LLC bought a new position in Take-Two Interactive Software in the 4th quarter valued at approximately $734,000. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in Take-Two Interactive Software by 2.8% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company’s stock worth $61,928,000 after buying an additional 10,837 shares during the period. Institutional investors own 95.46% of the company’s stock.

Insider Activity at Take-Two Interactive Software

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 stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the transaction, the director now owns 9,692 shares in the company, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total value of $145,796.28. Following the sale, the insider now 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 disclosure for this sale can be found here. 1.45% of the stock is currently owned by insiders.

Take-Two Interactive Software Trading Up 0.6 %

Shares of Take-Two Interactive Software stock opened at $191.23 on Friday. 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 52 week low of $135.24 and a 52 week high of $192.50. The stock has a 50 day moving average price of $185.77 and a two-hundred day moving average price of $166.95.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TTWO. Oppenheimer upped their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, January 21st. Roth Mkm raised their target price on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. StockNews.com upgraded Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. The Goldman Sachs Group raised their price objective on 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. Finally, UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $175.00 to $230.00 in a research note on Monday. Two analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and a consensus target price of $203.47.

Take-Two Interactive Software 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.