Prestige Wealth Management Group LLC Acquires 705 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Prestige Wealth Management Group LLC raised its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 29.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,107 shares of the company’s stock after acquiring an additional 705 shares during the period. Prestige Wealth Management Group LLC’s holdings in Take-Two Interactive Software were worth $478,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of TTWO. Ninety One UK Ltd grew its stake in Take-Two Interactive Software by 473.2% in the 2nd quarter. Ninety One UK Ltd now owns 1,269,428 shares of the company’s stock worth $197,383,000 after buying an additional 1,047,979 shares in the last quarter. State Street Corp lifted its holdings in shares of Take-Two Interactive Software by 8.8% during the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after acquiring an additional 880,816 shares during the last quarter. Point72 Asset Management L.P. lifted its holdings in shares of Take-Two Interactive Software by 3,786.4% during the 2nd quarter. Point72 Asset Management L.P. now owns 826,048 shares of the company’s stock worth $128,442,000 after acquiring an additional 804,793 shares during the last quarter. Ameriprise Financial Inc. grew its position in Take-Two Interactive Software by 17.6% in the second quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company’s stock worth $694,173,000 after acquiring an additional 666,198 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in Take-Two Interactive Software by 13.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock valued at $828,994,000 after acquiring an additional 648,982 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.

Insider Buying and Selling

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the transaction, the insider now owns 149,379 shares in the company, valued at approximately $28,029,475.56. This represents 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 that occurred on Friday, November 8th. The stock was 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 of the company’s stock, valued at $1,736,515.64. This represents a 17.11 % decrease in their position. The disclosure for this sale can be found here. 1.45% of the stock is currently owned by insiders.

Analyst Ratings Changes

TTWO has been the subject of a number of research reports. Roth Mkm upped their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. UBS Group upped their target price on Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. decreased their price target on shares of Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 22nd. Wedbush reaffirmed an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Monday. Finally, Stifel Nicolaus lifted their target price on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a “buy” rating in a research report on Thursday, September 5th. Three research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and a consensus price target of $194.25.

Take-Two Interactive Software Price Performance

Shares of TTWO stock opened at $187.90 on Tuesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $191.91. The firm has a market cap of $33.00 billion, a P/E ratio of -8.88, a P/E/G ratio of 5.89 and a beta of 0.88. The business’s 50 day moving average price is $170.10 and its 200-day moving average price is $159.64.

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.