Wealth Enhancement Advisory Services LLC Grows Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Wealth Enhancement Advisory Services LLC grew its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,714 shares of the company’s stock after buying an additional 135 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Take-Two Interactive Software were worth $2,709,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. First Hawaiian Bank boosted its position in Take-Two Interactive Software by 148.2% during the 4th quarter. First Hawaiian Bank now owns 18,613 shares of the company’s stock valued at $3,426,000 after acquiring an additional 11,113 shares in the last quarter. Fulton Bank N.A. lifted its stake in shares of Take-Two Interactive Software by 4.3% in the 4th quarter. Fulton Bank N.A. now owns 2,424 shares of the company’s stock valued at $446,000 after purchasing an additional 99 shares during the period. GAMMA Investing LLC lifted its stake in shares of Take-Two Interactive Software by 46.6% in the 4th quarter. GAMMA Investing LLC now owns 2,506 shares of the company’s stock valued at $461,000 after purchasing an additional 797 shares during the period. Versant Capital Management Inc boosted its position 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 valued at $34,000 after purchasing an additional 87 shares in the last quarter. Finally, Principal Financial Group Inc. grew its stake in Take-Two Interactive Software by 5.9% in the third quarter. Principal Financial Group Inc. now owns 189,496 shares of the company’s stock worth $29,127,000 after purchasing an additional 10,491 shares during the period. Institutional investors own 95.46% of the company’s stock.

Analyst Upgrades and Downgrades

TTWO has been the subject of several recent research reports. Robert W. Baird raised their price objective on 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. JPMorgan Chase & Co. lifted their price target on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. UBS Group upped their price objective on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. TD Cowen boosted their price target on Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Finally, Wedbush restated an “outperform” rating and issued a $190.00 price target on shares of Take-Two Interactive Software in a research note on Monday, December 9th. Three analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $197.58.

Take-Two Interactive Software Price Performance

TTWO opened at $180.03 on Wednesday. The company’s 50-day simple moving average is $184.03 and its two-hundred day simple moving average is $164.10. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a market capitalization of $31.62 billion, a P/E ratio of -8.51, a P/E/G ratio of 5.76 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $192.14.

Insider Activity

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the transaction, the director now directly owns 9,692 shares in the company, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction 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 completion of the sale, the insider now directly owns 149,379 shares of the company’s stock, valued at $28,029,475.56. The trade was a 0.52 % decrease in their position. The disclosure for this sale can be found here. 1.45% of the stock is owned by corporate insiders.

About Take-Two Interactive Software

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.