Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Purchased by KBC Group NV

KBC Group NV boosted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 26,109 shares of the company’s stock after buying an additional 1,102 shares during the quarter. KBC Group NV’s holdings in Take-Two Interactive Software were worth $4,806,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of TTWO. Kingswood Wealth Advisors LLC purchased a new stake in shares of Take-Two Interactive Software during the 4th quarter valued at approximately $371,000. First Citizens Bank & Trust Co. acquired a new position in shares of Take-Two Interactive Software in the 4th quarter valued at $480,000. AlphaMark Advisors LLC grew its holdings in shares of Take-Two Interactive Software by 1.5% during the 4th quarter. AlphaMark Advisors LLC now owns 7,555 shares of the company’s stock worth $1,391,000 after purchasing an additional 111 shares during the period. Moody Lynn & Lieberson LLC raised its holdings in Take-Two Interactive Software by 4.3% in the 4th quarter. Moody Lynn & Lieberson LLC now owns 5,021 shares of the company’s stock valued at $924,000 after buying an additional 206 shares during the period. Finally, Fifth Third Bancorp lifted its position in Take-Two Interactive Software by 0.3% in the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock valued at $3,157,000 after buying an additional 57 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Roth Mkm lifted their price target on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. TD Cowen lifted their target price on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Oppenheimer upped their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 21st. Stifel Nicolaus lifted their price objective on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. Finally, UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and increased their target price for the stock from $175.00 to $230.00 in a research note on Monday. Two 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 stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $203.47.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $191.23 on Friday. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $192.50. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market capitalization of $33.59 billion, a PE ratio of -9.04, a price-to-earnings-growth ratio of 5.84 and a beta of 0.89. The business’s fifty day moving average price is $185.77 and its 200 day moving average price is $166.95.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $179.17, for a total value of $358,340.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, 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 sale, the insider now owns 149,379 shares in the company, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.45% of the company’s stock.

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.