MML Investors Services LLC Has $1.38 Million Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

MML Investors Services LLC raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 10.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 8,998 shares of the company’s stock after purchasing an additional 815 shares during the period. MML Investors Services LLC’s holdings in Take-Two Interactive Software were worth $1,383,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Main Management ETF Advisors LLC acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $835,000. Zacks Investment Management acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $4,293,000. National Bank of Canada FI lifted its position in shares of Take-Two Interactive Software by 65.5% in the 3rd quarter. National Bank of Canada FI now owns 114,089 shares of the company’s stock worth $17,537,000 after purchasing an additional 45,138 shares during the period. EP Wealth Advisors LLC increased its stake in shares of Take-Two Interactive Software by 11.8% in the 3rd quarter. EP Wealth Advisors LLC now owns 1,569 shares of the company’s stock valued at $241,000 after acquiring an additional 166 shares in the last quarter. Finally, Wahed Invest LLC increased its stake in shares of Take-Two Interactive Software by 14.4% in the 3rd quarter. Wahed Invest LLC now owns 4,186 shares of the company’s stock valued at $643,000 after acquiring an additional 526 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $181.90 on Thursday. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $191.91. 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 cap of $31.95 billion, a price-to-earnings ratio of -8.60, a PEG ratio of 5.76 and a beta of 0.89. The company has a fifty day moving average price of $175.02 and a 200-day moving average price of $161.04.

Analyst Ratings Changes

Several research firms have recently weighed in on TTWO. Oppenheimer lifted their price objective on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Redburn Atlantic began coverage on shares of Take-Two Interactive Software in a research note on Thursday, August 29th. They issued a “buy” rating and a $194.00 price objective for the company. Roth Mkm lifted their price objective on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. BMO Capital Markets reiterated an “outperform” rating and issued a $240.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Finally, Morgan Stanley lifted their price objective on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Three analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $197.58.

Insider Transactions at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were 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 of the company’s stock, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.45% of the company’s stock.

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.