3,039 Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Bought by TriaGen Wealth Management LLC

TriaGen Wealth Management LLC bought a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,039 shares of the company’s stock, valued at approximately $559,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Swiss National Bank lifted its stake in Take-Two Interactive Software by 2.7% during the third quarter. Swiss National Bank now owns 493,508 shares of the company’s stock valued at $75,857,000 after buying an additional 13,200 shares in the last quarter. CIBC Asset Management Inc lifted its position in shares of Take-Two Interactive Software by 9.1% in the 3rd quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock valued at $8,200,000 after acquiring an additional 4,456 shares in the last quarter. Paloma Partners Management Co acquired a new position in Take-Two Interactive Software in the 3rd quarter worth approximately $20,290,000. Fiduciary Alliance LLC purchased a new position in Take-Two Interactive Software during the 4th quarter worth approximately $734,000. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in Take-Two Interactive Software by 2.8% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company’s stock valued at $61,928,000 after purchasing an additional 10,837 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Activity

In related news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were 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 of the company’s stock, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of the sale, the director now directly owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Stock Down 3.0 %

TTWO opened at $185.51 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. The business has a 50 day moving average price of $185.71 and a 200 day moving average price of $167.17. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $192.50.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Roth Mkm raised their target price on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. BMO Capital Markets restated an “outperform” rating and set a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. Citigroup lifted their target price on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Wedbush reissued an “outperform” rating and issued a $190.00 price target on shares of Take-Two Interactive Software in a research report on Monday, December 9th. Finally, Stifel Nicolaus boosted their price objective on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research report on Tuesday, January 21st. Two equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and an average target price of $203.47.

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.