Prosperity Financial Group Inc. Takes Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Prosperity Financial Group Inc. acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,793 shares of the company’s stock, valued at approximately $429,000.

Other large investors also recently made changes to their positions in the company. Crewe Advisors LLC increased its holdings in shares of Take-Two Interactive Software by 297.9% during the second quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after acquiring an additional 143 shares in the last quarter. UMB Bank n.a. raised its holdings in Take-Two Interactive Software by 155.1% during the second quarter. UMB Bank n.a. now owns 199 shares of the company’s stock worth $31,000 after buying an additional 121 shares during the last quarter. HHM Wealth Advisors LLC bought a new position in shares of Take-Two Interactive Software in the second quarter valued at $37,000. Blue Trust Inc. grew its holdings in shares of Take-Two Interactive Software by 410.6% during the second quarter. Blue Trust Inc. now owns 240 shares of the company’s stock valued at $36,000 after buying an additional 193 shares during the last quarter. Finally, BOKF NA increased its position in shares of Take-Two Interactive Software by 466.7% during the first quarter. BOKF NA now owns 272 shares of the company’s stock worth $41,000 after acquiring an additional 224 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TTWO has been the topic of several recent research reports. Stifel Nicolaus raised their price target on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a research report on Thursday, September 5th. Bank of America reaffirmed a “buy” rating and set a $185.00 target price on shares of Take-Two Interactive Software in a research report on Wednesday, August 21st. UBS Group increased their price target on Take-Two Interactive Software from $156.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. The Goldman Sachs Group lifted their price objective on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Finally, Robert W. Baird raised their price target on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $191.75.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $188.15 on Monday. The stock has a fifty day moving average of $162.18 and a 200-day moving average of $156.55. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $188.45.

Insider Transactions at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.45% of the company’s stock.

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.