Lake Street Advisors Group LLC Buys New Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Lake Street Advisors Group LLC purchased a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,201 shares of the company’s stock, valued at approximately $221,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Itau Unibanco Holding S.A. purchased a new position in Take-Two Interactive Software in the 3rd quarter worth approximately $27,000. Truvestments Capital LLC purchased a new position in Take-Two Interactive Software in the 3rd quarter worth approximately $31,000. Versant Capital Management Inc boosted its holdings in Take-Two Interactive Software by 87.0% in the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after acquiring an additional 87 shares during the period. Catalyst Capital Advisors LLC boosted its holdings in Take-Two Interactive Software by 69.3% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock worth $43,000 after acquiring an additional 115 shares during the period. Finally, AM Squared Ltd purchased a new position in Take-Two Interactive Software in the 3rd quarter worth approximately $46,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on TTWO. Benchmark restated a “buy” rating and issued a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Roth Mkm upped their target price on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. DA Davidson assumed coverage on Take-Two Interactive Software in a research report on Tuesday, February 18th. They issued a “buy” rating and a $250.00 target price on the stock. Raymond James reaffirmed an “outperform” rating and issued a $220.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Finally, Moffett Nathanson upped their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $210.55.

Take-Two Interactive Software Trading Up 1.8 %

Shares of NASDAQ TTWO opened at $211.98 on Friday. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $218.75. The company has a market cap of $37.41 billion, a price-to-earnings ratio of -9.94, a P/E/G ratio of 6.83 and a beta of 0.89. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The business has a fifty day simple moving average of $193.26 and a 200-day simple moving average of $175.27.

Insider Activity

In related news, insider Daniel P. Emerson sold 777 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the sale, the insider now directly owns 149,379 shares of the company’s stock, valued at approximately $28,029,475.56. This represents a 0.52 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.45% of the stock is currently owned by company 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.