Everpar Advisors LLC Invests $223,000 in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Everpar Advisors LLC acquired a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,210 shares of the company’s stock, valued at approximately $223,000.

A number of other large investors have also modified their holdings of the company. Itau Unibanco Holding S.A. bought a new stake in Take-Two Interactive Software in the 3rd quarter valued at $27,000. Versant Capital Management Inc boosted its position in shares of Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock valued at $34,000 after acquiring an additional 87 shares in the last quarter. Truvestments Capital LLC bought a new stake in Take-Two Interactive Software in the third quarter valued at about $31,000. Friedenthal Financial acquired a new position in Take-Two Interactive Software in the fourth quarter worth about $50,000. Finally, Catalyst Capital Advisors LLC lifted its stake in Take-Two Interactive Software by 69.3% during the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock worth $43,000 after purchasing an additional 115 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TTWO. The Goldman Sachs Group increased their target price on Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. BMO Capital Markets reiterated an “outperform” rating and set a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Oppenheimer boosted their target price on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. increased their target price on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Finally, Morgan Stanley boosted 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 research report on Thursday, November 7th. Three analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $197.58.

Insiders Place Their Bets

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the sale, the insider now owns 149,379 shares of the company’s stock, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $179.17, for a total value of $358,340.00. Following the completion of the transaction, the director now directly owns 9,692 shares in the company, valued at approximately $1,736,515.64. This trade represents a 17.11 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $186.41 on Friday. The stock’s fifty day simple moving average is $184.90 and its 200-day simple moving average is $164.75. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $192.14. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53.

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.