Simon Quick Advisors LLC Purchases 127 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Simon Quick Advisors LLC boosted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 8.5% during the 4th quarter, HoldingsChannel reports. The firm owned 1,617 shares of the company’s stock after purchasing an additional 127 shares during the period. Simon Quick Advisors LLC’s holdings in Take-Two Interactive Software were worth $298,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Swiss National Bank grew its position in Take-Two Interactive Software by 2.7% during the third quarter. Swiss National Bank now owns 493,508 shares of the company’s stock valued at $75,857,000 after buying an additional 13,200 shares during the period. CIBC Asset Management Inc grew its position in shares of Take-Two Interactive Software by 9.1% during the 3rd quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock valued at $8,200,000 after acquiring an additional 4,456 shares during the period. Paloma Partners Management Co purchased a new stake in shares of Take-Two Interactive Software in the 3rd quarter worth $20,290,000. Fiduciary Alliance LLC bought a new position in Take-Two Interactive Software in the 4th quarter worth $734,000. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in Take-Two Interactive Software by 2.8% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company’s stock valued at $61,928,000 after purchasing an additional 10,837 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Robert W. Baird raised their price objective on Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. StockNews.com upgraded shares of Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. UBS Group increased 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 research note on Thursday, November 7th. TD Cowen lifted 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. Finally, Oppenheimer upped their target price on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a report on Tuesday. Three equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $200.58.

Take-Two Interactive Software Stock Down 2.2 %

Shares of TTWO opened at $183.82 on Friday. 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 stock has a market capitalization of $32.28 billion, a price-to-earnings ratio of -8.69, a price-to-earnings-growth ratio of 5.75 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $192.14. The business’s 50 day simple moving average is $185.30 and its 200-day simple moving average is $165.65.

Insider Buying and Selling

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total value 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. This trade represents a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Daniel P. Emerson sold 777 shares of the business’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 value of $145,796.28. Following the sale, the insider now directly 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 disclosure for this sale can be found here. 1.45% of the stock is currently owned by company insiders.

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.