Proficio Capital Partners LLC Takes $24.33 Million Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Proficio Capital Partners LLC purchased a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 132,169 shares of the company’s stock, valued at approximately $24,330,000.

Several other hedge funds also recently made changes to their positions in TTWO. Itau Unibanco Holding S.A. purchased a new position in shares of Take-Two Interactive Software in the third quarter valued at $27,000. Truvestments Capital LLC purchased a new position in shares of Take-Two Interactive Software in the third quarter valued at $31,000. Versant Capital Management Inc grew its position in shares of Take-Two Interactive Software by 87.0% in 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. Catalyst Capital Advisors LLC boosted its stake in Take-Two Interactive Software by 69.3% during the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock valued at $43,000 after buying an additional 115 shares during the period. Finally, AM Squared Ltd bought a new stake in Take-Two Interactive Software during the third quarter valued at $46,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on TTWO shares. Moffett Nathanson lifted their price objective on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. TD Cowen lifted their price objective on 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. BMO Capital Markets reissued an “outperform” rating and set 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. Robert W. Baird lifted their price objective on Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Finally, Roth Mkm lifted their price objective on 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. One research analyst has rated the stock with a sell rating, one has given a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $210.55.

Take-Two Interactive Software Trading Up 1.8 %

TTWO opened at $211.98 on Friday. The business has a 50 day simple moving average of $193.26 and a two-hundred day simple moving average of $175.27. The firm has a market capitalization of $37.41 billion, a price-to-earnings ratio of -9.94, a PEG ratio of 6.83 and a beta of 0.89. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $218.75.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the transaction, the insider now owns 149,379 shares of the company’s stock, valued at $28,029,475.56. This represents a 0.52 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.45% of the stock is currently 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.