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

Fiduciary Alliance LLC purchased a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,990 shares of the company’s stock, valued at approximately $734,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Hartford Investment Management Co. grew its position in Take-Two Interactive Software by 0.7% during the 3rd quarter. Hartford Investment Management Co. now owns 10,255 shares of the company’s stock worth $1,576,000 after acquiring an additional 74 shares during the last quarter. Huntington National Bank boosted its stake in shares of Take-Two Interactive Software by 9.3% during the third quarter. Huntington National Bank now owns 896 shares of the company’s stock valued at $138,000 after purchasing an additional 76 shares during the period. Sanctuary Advisors LLC grew its holdings in shares of Take-Two Interactive Software by 1.8% in the third quarter. Sanctuary Advisors LLC now owns 4,493 shares of the company’s stock worth $691,000 after purchasing an additional 79 shares during the last quarter. Chicago Capital LLC raised its holdings in Take-Two Interactive Software by 2.9% during the 3rd quarter. Chicago Capital LLC now owns 2,983 shares of the company’s stock valued at $459,000 after buying an additional 85 shares during the last quarter. Finally, Studio Investment Management LLC boosted its position in Take-Two Interactive Software by 3.9% during the 3rd quarter. Studio Investment Management LLC now owns 2,303 shares of the company’s stock valued at $354,000 after buying an additional 86 shares during the period. Institutional investors own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on TTWO shares. Wedbush reaffirmed an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Monday, December 9th. Roth Mkm increased 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. JPMorgan Chase & Co. boosted their target price on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Robert W. Baird raised their price target on Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $240.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $197.58.

Take-Two Interactive Software Trading Up 0.1 %

NASDAQ TTWO opened at $178.76 on Tuesday. 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 current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The stock’s fifty day moving average price is $184.03 and its 200-day moving average price is $164.10. The stock has a market cap of $31.40 billion, a P/E ratio of -8.45, a P/E/G ratio of 5.76 and a beta of 0.89.

Insider Activity at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction that occurred 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 $1,736,515.64. The trade was a 17.11 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Daniel P. Emerson sold 777 shares of the stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is currently owned by 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.