Simon Quick Advisors LLC Purchases 127 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Simon Quick Advisors LLC raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 8.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,617 shares of the company’s stock after acquiring an additional 127 shares during the quarter. Simon Quick Advisors LLC’s holdings in Take-Two Interactive Software were worth $298,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp grew its stake in shares of 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 last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Take-Two Interactive Software by 13.7% in 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 last quarter. Ameriprise Financial Inc. grew its position in shares of Take-Two Interactive Software by 17.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company’s stock worth $694,173,000 after buying an additional 666,198 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Take-Two Interactive Software by 10.9% during 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 in the last quarter. Finally, Geode Capital Management LLC lifted its stake in 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 during the period. 95.46% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction dated 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 trade represents a 0.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the transaction, the director now owns 9,692 shares in the company, valued at $1,736,515.64. This represents a 17.11 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $183.82 on Friday. The firm has a market cap of $32.28 billion, a P/E ratio of -8.69, a PEG ratio of 5.75 and a beta of 0.89. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $192.14. 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 company has a 50 day moving average of $185.30 and a 200 day moving average of $165.65.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TTWO. TD Cowen boosted their price objective on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. The Goldman Sachs Group increased their price target on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Citigroup lifted their price objective on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Stifel Nicolaus raised their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. upped their price target on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. Three investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus price target of $200.58.

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.