Janney Montgomery Scott LLC Increases Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Janney Montgomery Scott LLC boosted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 7.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,379 shares of the company’s stock after purchasing an additional 811 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Take-Two Interactive Software were worth $2,095,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp grew its stake in shares of Take-Two Interactive Software by 8.8% during the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company’s stock valued at $1,675,241,000 after buying an additional 880,816 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in Take-Two Interactive Software by 13.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock valued at $828,994,000 after acquiring an additional 648,982 shares during the last quarter. Assenagon Asset Management S.A. grew its position in Take-Two Interactive Software by 1,780.1% during the third quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company’s stock valued at $70,807,000 after acquiring an additional 436,150 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Take-Two Interactive Software by 10.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock worth $651,817,000 after acquiring an additional 417,325 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Take-Two Interactive Software by 3.5% in the 3rd quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after purchasing an additional 134,767 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Down 3.0 %

NASDAQ TTWO opened at $185.51 on Friday. The company has a market capitalization of $32.58 billion, a price-to-earnings ratio of -8.77, a price-to-earnings-growth ratio of 5.90 and a beta of 0.89. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $192.50. The company’s fifty day moving average price is $185.71 and its two-hundred day moving average price is $167.27.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the sale, the insider now owns 149,379 shares in the company, valued at $28,029,475.56. The trade was a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the firm’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 owns 9,692 shares in the company, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.45% of the company’s stock.

Analyst Upgrades and Downgrades

TTWO has been the subject of a number of research reports. JPMorgan Chase & Co. boosted their target price on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Roth Mkm boosted their price objective on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. TD Cowen raised their target price on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. Wedbush reaffirmed an “outperform” rating and set a $190.00 price target on shares of Take-Two Interactive Software in a research report on Monday, December 9th. Finally, UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and raised their price objective for the company from $175.00 to $230.00 in a research report on Monday, January 27th. Two analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and an average price target of $204.06.

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.