Wallace Advisory Group LLC Has $337,000 Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Wallace Advisory Group LLC trimmed its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 6.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,831 shares of the company’s stock after selling 130 shares during the period. Wallace Advisory Group LLC’s holdings in Take-Two Interactive Software were worth $337,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp raised its holdings in Take-Two Interactive Software by 8.8% in the third quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after purchasing an additional 880,816 shares during the period. Massachusetts Financial Services Co. MA raised its stake in Take-Two Interactive Software by 13.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after buying an additional 648,982 shares during the period. Ameriprise Financial Inc. lifted its holdings in Take-Two Interactive Software by 17.6% during 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Take-Two Interactive Software by 10.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock valued at $651,817,000 after acquiring an additional 417,325 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of Take-Two Interactive Software by 3.5% in the third quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after acquiring an additional 134,767 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Up 0.1 %

Shares of Take-Two Interactive Software stock opened at $178.76 on Tuesday. 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. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $192.14. The business’s 50 day moving average is $184.03 and its 200-day moving average is $164.10.

Insider Buying and Selling

In other news, insider Daniel P. Emerson sold 777 shares of the firm’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 value of $145,796.28. Following the completion of the sale, the insider now directly owns 149,379 shares of the company’s stock, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s 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 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 ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on TTWO shares. Oppenheimer lifted their price objective on Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. TD Cowen lifted their price target on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. JPMorgan Chase & Co. increased their price objective on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. StockNews.com raised shares of Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Finally, Robert W. Baird increased their target price on Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $197.58.

Take-Two Interactive Software 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.