MFG Wealth Management Inc. Makes New $1.12 Million Investment in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

MFG Wealth Management Inc. acquired a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 6,091 shares of the company’s stock, valued at approximately $1,121,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Itau Unibanco Holding S.A. bought a new position in shares of Take-Two Interactive Software during the third quarter valued at about $27,000. Truvestments Capital LLC purchased a new stake in Take-Two Interactive Software during the 3rd quarter valued at about $31,000. Versant Capital Management Inc increased its stake 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 purchasing an additional 87 shares during the period. Catalyst Capital Advisors LLC lifted its position in Take-Two Interactive Software by 69.3% in the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock valued at $43,000 after purchasing an additional 115 shares during the last quarter. Finally, AM Squared Ltd bought a new position in shares of Take-Two Interactive Software in the third quarter worth approximately $46,000. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

TTWO stock opened at $209.18 on Thursday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. The business has a 50 day moving average of $187.29 and a 200 day moving average of $169.86. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $215.84.

Analysts Set New Price Targets

A number of research firms recently commented on TTWO. StockNews.com lowered shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a report on Monday. Moffett Nathanson upped their price objective on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. Wedbush reissued an “outperform” rating and issued a $215.00 target price on shares of Take-Two Interactive Software in a research note on Friday, February 7th. BMO Capital Markets restated an “outperform” rating and set a $240.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. Finally, Morgan Stanley increased their price objective on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. One analyst has rated the stock with a sell rating, one has given a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $208.47.

Insider Activity

In related news, insider Daniel P. Emerson sold 777 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following 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 document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.45% of the company’s stock.

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.