10,138 Shares in Take-Two Interactive Software, Inc. $TTWO Acquired by Dockside LLC

Dockside LLC purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 10,138 shares of the company’s stock, valued at approximately $2,596,000.

Several other institutional investors and hedge funds have also bought and sold shares of TTWO. MCF Advisors LLC bought a new stake in shares of Take-Two Interactive Software in the 4th quarter worth approximately $25,000. GHP Investment Advisors Inc. bought a new stake in shares of Take-Two Interactive Software in the 4th quarter worth approximately $28,000. Rachor Investment Advisory Services LLC bought a new stake in shares of Take-Two Interactive Software in the 4th quarter worth approximately $34,000. True Wealth Design LLC grew its position in shares of Take-Two Interactive Software by 91.9% in the 4th quarter. True Wealth Design LLC now owns 142 shares of the company’s stock worth $36,000 after buying an additional 68 shares during the last quarter. Finally, AlphaQuest LLC bought a new stake in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $41,000. 95.46% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Wedbush reiterated an “outperform” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Tuesday, March 3rd. Benchmark reiterated a “buy” rating on shares of Take-Two Interactive Software in a research report on Friday, May 22nd. Wells Fargo & Company cut their price objective on Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating on the stock in a research report on Friday, May 22nd. BMO Capital Markets reiterated an “outperform” rating on shares of Take-Two Interactive Software in a research report on Friday, May 22nd. Finally, Piper Sandler reiterated a “neutral” rating on shares of Take-Two Interactive Software in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $287.06.

Insider Buying and Selling

In other news, Director Ellen F. Siminoff sold 413 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $207.66, for a total value of $85,763.58. Following the completion of the transaction, the director owned 2,000 shares in the company, valued at $415,320. This trade represents a 17.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Karl Slatoff sold 208,969 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $227.34, for a total value of $47,507,012.46. Following the completion of the transaction, the president owned 1,006,021 shares of the company’s stock, valued at approximately $228,708,814.14. The trade was a 17.20% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 560,588 shares of company stock worth $126,322,522 over the last quarter. Company insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Trading Down 0.2%

TTWO opened at $211.75 on Friday. The stock has a market cap of $39.32 billion, a PE ratio of -130.71, a PEG ratio of 4.19 and a beta of 0.98. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.71. The business has a 50 day moving average of $217.25 and a 200-day moving average of $223.39. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $264.79.

Take-Two Interactive Software Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.