Take-Two Interactive Software, Inc. $TTWO Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC lifted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 916.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 105,860 shares of the company’s stock after buying an additional 95,448 shares during the quarter. SG Americas Securities LLC owned approximately 0.06% of Take-Two Interactive Software worth $27,103,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in TTWO. Pilgrim Partners Asia Pte Ltd acquired a new position in Take-Two Interactive Software during the third quarter worth $26,000. Twin Peaks Wealth Advisors LLC purchased a new position in Take-Two Interactive Software during the second quarter valued at $27,000. Pinnacle Bancorp Inc. acquired a new stake in shares of Take-Two Interactive Software in the third quarter valued at about $29,000. Meeder Asset Management Inc. grew its position in shares of Take-Two Interactive Software by 216.3% in the third quarter. Meeder Asset Management Inc. now owns 136 shares of the company’s stock valued at $35,000 after purchasing an additional 93 shares during the period. Finally, True Wealth Design LLC increased its stake in shares of Take-Two Interactive Software by 91.9% during the fourth quarter. True Wealth Design LLC now owns 142 shares of the company’s stock worth $36,000 after purchasing an additional 68 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Up 0.9%

NASDAQ TTWO opened at $194.72 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market capitalization of $36.06 billion, a P/E ratio of -8.70, a PEG ratio of 7.91 and a beta of 0.94. The firm’s 50-day moving average is $212.22 and its two-hundred day moving average is $236.62. Take-Two Interactive Software, Inc. has a 12 month low of $188.23 and a 12 month high of $264.79.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. UBS Group raised their target price on Take-Two Interactive Software from $292.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Wedbush restated an “outperform” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a research report on Tuesday, March 3rd. Wells Fargo & Company dropped their price objective on shares of Take-Two Interactive Software from $301.00 to $295.00 and set an “overweight” rating for the company in a research note on Wednesday, March 4th. Benchmark reiterated a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, February 2nd. Finally, Raymond James Financial upgraded Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price target on the stock in a report on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $284.44.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 1,698 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $213.62, for a total value of $362,726.76. Following the sale, the insider owned 125,001 shares of the company’s stock, valued at $26,702,713.62. The trade was a 1.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Michael Dornemann sold 1,390 shares of the company’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $213.09, for a total value of $296,195.10. Following the transaction, the director owned 21,525 shares in the company, valued at $4,586,762.25. This trade represents a 6.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 65,293 shares of company stock worth $13,994,803. 1.34% of the stock is owned by company insiders.

Take-Two Interactive Software Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.