1,182 Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Acquired by Avestar Capital LLC

Avestar Capital LLC purchased a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 1,182 shares of the company’s stock, valued at approximately $218,000.

Other institutional investors have also added to or reduced their stakes in the company. Stanley Laman Group Ltd. boosted its position in shares of Take-Two Interactive Software by 1.0% during the fourth quarter. Stanley Laman Group Ltd. now owns 35,261 shares of the company’s stock worth $6,491,000 after acquiring an additional 340 shares during the last quarter. MFG Wealth Management Inc. purchased a new stake in Take-Two Interactive Software in the 4th quarter worth $1,121,000. Van ECK Associates Corp lifted its stake in Take-Two Interactive Software by 4.6% in the 4th quarter. Van ECK Associates Corp now owns 252,233 shares of the company’s stock worth $46,431,000 after purchasing an additional 11,033 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Take-Two Interactive Software by 2.0% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 131,667 shares of the company’s stock valued at $24,104,000 after purchasing an additional 2,585 shares during the last quarter. Finally, Certuity LLC grew its position in shares of Take-Two Interactive Software by 13.8% during the fourth quarter. Certuity LLC now owns 2,407 shares of the company’s stock valued at $443,000 after purchasing an additional 292 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Price Performance

Shares of TTWO stock opened at $208.76 on Friday. The company has a market capitalization of $36.66 billion, a P/E ratio of -9.79, a P/E/G ratio of 5.68 and a beta of 0.89. The company’s 50-day simple moving average is $188.07 and its two-hundred day simple moving average is $170.69. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $215.84. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Oppenheimer increased their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, January 21st. JPMorgan Chase & Co. increased their target price on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. StockNews.com cut shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. Raymond James reiterated an “outperform” rating and set a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Finally, The Goldman Sachs Group boosted their target price on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $208.47.

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 on 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 in the company, valued at approximately $28,029,475.56. This represents a 0.52 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.45% of the stock is 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.