Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.0% in the 1st quarter, HoldingsChannel reports. The fund owned 5,994 shares of the company’s stock after acquiring an additional 61 shares during the period. Kestra Advisory Services LLC’s holdings in Take-Two Interactive Software were worth $1,242,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Nuveen LLC acquired a new stake in shares of Take-Two Interactive Software during the 1st quarter worth $288,410,000. Price T Rowe Associates Inc. MD increased its holdings in shares of Take-Two Interactive Software by 425.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company’s stock worth $296,640,000 after buying an additional 1,158,783 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Take-Two Interactive Software by 27,563.6% during the 1st quarter. GAMMA Investing LLC now owns 693,251 shares of the company’s stock worth $143,676,000 after buying an additional 690,745 shares during the last quarter. Alyeska Investment Group L.P. increased its holdings in shares of Take-Two Interactive Software by 74.3% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,347,150 shares of the company’s stock worth $247,983,000 after buying an additional 574,326 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Take-Two Interactive Software by 2.6% during the 1st quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company’s stock worth $4,117,123,000 after buying an additional 506,026 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

TTWO has been the subject of a number of research analyst reports. Citigroup upped their price objective on Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. DA Davidson upped their price target on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, May 16th. Wells Fargo & Company began coverage on shares of Take-Two Interactive Software in a research report on Monday. They set an “overweight” rating and a $265.00 price target for the company. Wedbush raised shares of Take-Two Interactive Software to a “strong-buy” rating in a research report on Tuesday, July 1st. Finally, Wall Street Zen cut shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Wednesday, May 21st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $234.05.

Insider Activity at Take-Two Interactive Software

In related news, President Karl Slatoff sold 216,661 shares of the stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $225.75, for a total transaction of $48,911,220.75. Following the sale, the president owned 1,206,427 shares in the company, valued at $272,350,895.25. This represents a 15.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Strauss Zelnick sold 216,661 shares of the stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $225.75, for a total transaction of $48,911,220.75. Following the sale, the chief executive officer owned 1,206,427 shares in the company, valued at approximately $272,350,895.25. This trade represents a 15.22% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 460,792 shares of company stock worth $104,014,443. 1.45% of the stock is currently owned by company insiders.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $224.75 on Monday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.78 and a current ratio of 0.78. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $245.07. The company’s 50-day simple moving average is $234.35 and its 200-day simple moving average is $216.67. The stock has a market capitalization of $39.88 billion, a price-to-earnings ratio of -8.85, a PEG ratio of 5.85 and a beta of 1.03.

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.