OLD National Bancorp IN Makes New $214,000 Investment in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

OLD National Bancorp IN acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 1,165 shares of the company’s stock, valued at approximately $214,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Itau Unibanco Holding S.A. acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $27,000. Truvestments Capital LLC purchased a new stake in Take-Two Interactive Software in the 3rd quarter worth about $31,000. Versant Capital Management Inc boosted its holdings in shares of Take-Two Interactive Software by 87.0% during the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after purchasing an additional 87 shares during the period. Catalyst Capital Advisors LLC grew its holdings in shares of Take-Two Interactive Software by 69.3% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock valued at $43,000 after acquiring an additional 115 shares in the last quarter. Finally, AM Squared Ltd purchased a new position in Take-Two Interactive Software in the third quarter valued at about $46,000. 95.46% of the stock is currently owned by institutional investors.

Insider Activity

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the business’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 sale, the director now directly owns 9,692 shares of the company’s stock, valued at $1,736,515.64. The trade was a 17.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Daniel P. Emerson sold 777 shares of the business’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 transaction, the insider now directly 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. 1.45% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TTWO. TD Cowen raised 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 report on Friday, November 22nd. StockNews.com upgraded Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Wedbush reaffirmed an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a report on Monday, December 9th. UBS Group upgraded shares of 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 report on Monday, January 27th. Finally, Oppenheimer boosted their price objective 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. Two research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $204.06.

Take-Two Interactive Software Trading Down 3.0 %

Shares of NASDAQ TTWO opened at $185.51 on Monday. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $192.50. The company’s fifty day moving average is $185.71 and its 200-day moving average is $167.39. The stock has a market cap of $32.58 billion, a price-to-earnings ratio of -8.77, a P/E/G ratio of 5.90 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 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.