Truvestments Capital LLC Buys New Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Truvestments Capital LLC bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 200 shares of the company’s stock, valued at approximately $31,000.

Other institutional investors have also recently made changes to their positions in the company. Advisors Asset Management Inc. boosted its holdings in shares of Take-Two Interactive Software by 15.1% during the 1st quarter. Advisors Asset Management Inc. now owns 945 shares of the company’s stock valued at $140,000 after purchasing an additional 124 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Take-Two Interactive Software by 1.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 260,196 shares of the company’s stock valued at $38,637,000 after buying an additional 3,583 shares during the last quarter. Tidal Investments LLC boosted its stake in Take-Two Interactive Software by 119.7% during the first quarter. Tidal Investments LLC now owns 10,564 shares of the company’s stock valued at $1,569,000 after buying an additional 5,755 shares during the last quarter. Swedbank AB bought a new stake in Take-Two Interactive Software in the 1st quarter worth approximately $14,653,000. Finally, Cetera Investment Advisers raised its holdings in shares of Take-Two Interactive Software by 488.7% during the 1st quarter. Cetera Investment Advisers now owns 13,281 shares of the company’s stock worth $1,972,000 after acquiring an additional 11,025 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Down 1.2 %

Shares of NASDAQ TTWO opened at $185.56 on Friday. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $190.43. The firm has a market cap of $32.59 billion, a PE ratio of -8.77, a price-to-earnings-growth ratio of 5.65 and a beta of 0.85. The business has a fifty day simple moving average of $164.23 and a two-hundred day simple moving average of $157.34. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on TTWO shares. Bank of America reissued a “buy” rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. Morgan Stanley increased their price target on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Hsbc Global Res raised Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 12th. Benchmark raised their price objective on Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, August 21st. Finally, Redburn Atlantic assumed coverage on Take-Two Interactive Software in a report on Thursday, August 29th. They issued a “buy” rating and a $194.00 target price for the company. Two research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $191.75.

Insider Activity at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software 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 $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 1.45% of the stock is currently owned by corporate insiders.

Take-Two Interactive Software Company 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.