Brooklyn Investment Group Purchases New Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Brooklyn Investment Group acquired a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the third quarter, according to its most recent filing with the SEC. The fund acquired 584 shares of the company’s stock, valued at approximately $90,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of TTWO. Hartford Investment Management Co. raised its stake in shares of Take-Two Interactive Software by 0.7% during the 3rd quarter. Hartford Investment Management Co. now owns 10,255 shares of the company’s stock valued at $1,576,000 after purchasing an additional 74 shares during the period. Huntington National Bank increased its position in shares of Take-Two Interactive Software by 9.3% during the third quarter. Huntington National Bank now owns 896 shares of the company’s stock valued at $138,000 after buying an additional 76 shares during the period. Chicago Capital LLC lifted its holdings in shares of Take-Two Interactive Software by 2.9% in the third quarter. Chicago Capital LLC now owns 2,983 shares of the company’s stock worth $459,000 after buying an additional 85 shares in the last quarter. Studio Investment Management LLC grew its stake in Take-Two Interactive Software by 3.9% during the third quarter. Studio Investment Management LLC now owns 2,303 shares of the company’s stock valued at $354,000 after acquiring an additional 86 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV increased its holdings in Take-Two Interactive Software by 15.3% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 685 shares of the company’s stock worth $107,000 after acquiring an additional 91 shares during the period. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Down 1.2 %

NASDAQ TTWO opened at $185.56 on Friday. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $190.43. The stock has a market capitalization of $32.59 billion, a PE ratio of -8.77, a PEG ratio of 5.65 and a beta of 0.85. 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 business’s 50-day moving average is $164.23 and its 200 day moving average is $157.34.

Analyst Ratings Changes

A number of research firms have recently commented on TTWO. Hsbc Global Res upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 12th. Oppenheimer lifted their price target on Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Roth Mkm upped their price objective on shares of 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. JPMorgan Chase & Co. dropped their target price on shares of Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating for the company in a research report on Tuesday, October 22nd. Finally, HSBC raised shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price target on the stock in a report on Monday, August 12th. Two equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus price target of $191.75.

Insider Activity

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the sale, the director now owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.45% 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.