180 Wealth Advisors LLC Has $815,000 Holdings in Take-Two Interactive Software, Inc. $TTWO

180 Wealth Advisors LLC grew its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 201.2% in the third quarter, Holdings Channel reports. The fund owned 3,154 shares of the company’s stock after acquiring an additional 2,107 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Take-Two Interactive Software were worth $815,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of TTWO. Norges Bank bought a new position in Take-Two Interactive Software in the second quarter valued at about $731,047,000. Vanguard Group Inc. increased its stake in shares of Take-Two Interactive Software by 4.5% in the second quarter. Vanguard Group Inc. now owns 20,768,874 shares of the company’s stock valued at $5,043,721,000 after buying an additional 903,385 shares during the period. Contour Asset Management LLC bought a new position in Take-Two Interactive Software in the 1st quarter valued at approximately $180,701,000. Assenagon Asset Management S.A. boosted its position in Take-Two Interactive Software by 107.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 1,001,531 shares of the company’s stock worth $243,222,000 after buying an additional 519,518 shares during the period. Finally, Invesco Ltd. boosted its position in Take-Two Interactive Software by 17.3% during the 2nd quarter. Invesco Ltd. now owns 3,490,676 shares of the company’s stock worth $847,711,000 after buying an additional 515,484 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on TTWO shares. B. Riley started coverage on shares of Take-Two Interactive Software in a research report on Wednesday, December 10th. They issued a “buy” rating and a $300.00 price target for the company. Benchmark boosted their price objective on shares of Take-Two Interactive Software from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, October 16th. Wall Street Zen downgraded Take-Two Interactive Software from a “buy” rating to a “hold” rating in a report on Sunday, November 2nd. BMO Capital Markets raised their target price on Take-Two Interactive Software from $252.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Finally, Wedbush lifted their target price on Take-Two Interactive Software from $290.00 to $300.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Twenty research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $266.33.

Take-Two Interactive Software Trading Up 1.8%

NASDAQ TTWO opened at $256.09 on Monday. The business has a 50 day simple moving average of $246.62 and a 200 day simple moving average of $242.33. Take-Two Interactive Software, Inc. has a one year low of $177.35 and a one year high of $264.79. The stock has a market capitalization of $47.32 billion, a P/E ratio of -11.34, a P/E/G ratio of 4.09 and a beta of 0.96. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.15 and a quick ratio of 1.15.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings results on Thursday, November 6th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.13. The firm had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.71 billion. Take-Two Interactive Software had a positive return on equity of 12.49% and a negative net margin of 64.26%.The company’s revenue was up 33.3% compared to the same quarter last year. During the same period in the previous year, the firm earned ($2.08) earnings per share. Research analysts expect that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Ellen F. Siminoff sold 414 shares of the firm’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $235.95, for a total value of $97,683.30. Following the completion of the sale, the director directly owned 2,716 shares in the company, valued at approximately $640,840.20. This trade represents a 13.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Michael Sheresky sold 182 shares of Take-Two Interactive Software stock in a transaction on Monday, November 17th. The shares were sold at an average price of $235.11, for a total transaction of $42,790.02. Following the completion of the sale, the director directly owned 65,781 shares of the company’s stock, valued at approximately $15,465,770.91. This trade represents a 0.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,007 shares of company stock valued at $247,095 in the last quarter. 1.34% of the stock is currently owned by company insiders.

Take-Two Interactive Software Company 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.