Sax Wealth Advisors LLC Makes New $1.11 Million Investment in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Sax Wealth Advisors LLC bought a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 6,024 shares of the company’s stock, valued at approximately $1,109,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in TTWO. Dimensional Fund Advisors LP lifted its stake in Take-Two Interactive Software by 2.3% during the second quarter. Dimensional Fund Advisors LP now owns 1,266,248 shares of the company’s stock worth $196,913,000 after purchasing an additional 28,588 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of Take-Two Interactive Software by 16.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 8,722 shares of the company’s stock worth $1,356,000 after buying an additional 1,239 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. lifted its position in shares of Take-Two Interactive Software by 10.3% during the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 2,645 shares of the company’s stock worth $411,000 after buying an additional 247 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its position in Take-Two Interactive Software by 34.9% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 12,488 shares of the company’s stock valued at $1,924,000 after acquiring an additional 3,231 shares during the last quarter. Finally, AE Wealth Management LLC raised its stake in Take-Two Interactive Software by 25.1% during the second quarter. AE Wealth Management LLC now owns 14,026 shares of the company’s stock worth $2,181,000 after acquiring an additional 2,815 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Up 1.7 %

Take-Two Interactive Software stock opened at $186.41 on Friday. The company has a market capitalization of $32.74 billion, a PE ratio of -8.81, a PEG ratio of 5.55 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $192.14. The firm’s fifty day moving average is $184.90 and its 200 day moving average is $164.75. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53.

Insider Activity

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the business’s 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 in the company, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the company’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 owns 9,692 shares in the company, valued at approximately $1,736,515.64. The trade was 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.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Oppenheimer increased their price objective 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. boosted their price target on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. The Goldman Sachs Group upped their price objective on Take-Two Interactive Software from $186.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Morgan Stanley boosted their target price on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Finally, Citigroup raised their price target on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Three research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average target price of $197.58.

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.