AG Campbell Advisory LLC Buys Shares of 2,725 Take-Two Interactive Software, Inc. $TTWO

AG Campbell Advisory LLC acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 2,725 shares of the company’s stock, valued at approximately $698,000.

Other hedge funds have also bought and sold shares of the company. MCF Advisors LLC bought a new stake in Take-Two Interactive Software during the fourth quarter valued at approximately $25,000. GHP Investment Advisors Inc. purchased a new position in shares of Take-Two Interactive Software in the 4th quarter worth about $28,000. MV Capital Management Inc. bought a new stake in Take-Two Interactive Software in the 4th quarter worth approximately $34,000. Rachor Investment Advisory Services LLC bought a new stake in Take-Two Interactive Software in the 4th quarter worth approximately $34,000. Finally, True Wealth Design LLC boosted its stake in Take-Two Interactive Software by 91.9% in the fourth quarter. True Wealth Design LLC now owns 142 shares of the company’s stock worth $36,000 after buying an additional 68 shares in the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $239.28 on Friday. The firm has a market cap of $44.43 billion, a P/E ratio of -147.70, a price-to-earnings-growth ratio of 4.73 and a beta of 0.98. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.24 and a quick ratio of 1.24. Take-Two Interactive Software, Inc. has a 1 year low of $187.63 and a 1 year high of $264.79. The company has a 50 day simple moving average of $220.37 and a two-hundred day simple moving average of $222.96.

Take-Two Interactive Software News Roundup

Here are the key news stories impacting Take-Two Interactive Software this week:

• Positive Sentiment: Rockstar confirmed GTA VI pre-orders start June 25, fueling expectations for strong demand and making the launch a key near-term catalyst for TTWO. Reuters article on GTA VI pre-orders
• Positive Sentiment: Jefferies said the preorder rollout could be the stock catalyst investors have been waiting for, with pricing and possible trailer details likely to shape expectations for bookings. Jefferies commentary on GTA VI pre-orders
• Positive Sentiment: Several reports noted TTWO shares rose on the preorder news, reflecting investor optimism around the franchise’s revenue potential. TTWO stock rises on GTA VI preorder news
• Neutral Sentiment: Raymond James said May franchise data remained in line with recent trends, suggesting the core business is stable while investors focus on GTA VI-related upside. Raymond James note on TTWO trends
• Negative Sentiment: Two insider sales were disclosed, including a larger sale by executive Daniel Emerson and a smaller sale by director Jon Moses. The transactions were pre-planned, but they may slightly weigh on sentiment. Insider sale by Daniel Emerson Insider sale by Jon Moses

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a research note on Friday, May 22nd. Wells Fargo & Company decreased their price target on Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating on the stock in a research note on Friday, May 22nd. Wedbush reiterated an “outperform” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Tuesday, March 3rd. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Friday, May 22nd. Finally, DA Davidson restated a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a report on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average target price of $287.06.

Insider Activity at Take-Two Interactive Software

In other news, Director Jon J. Moses sold 500 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $215.22, for a total value of $107,610.00. Following the sale, the director owned 22,368 shares of the company’s stock, valued at approximately $4,814,040.96. This represents a 2.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael Dornemann sold 1,151 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $217.02, for a total value of $249,790.02. Following the transaction, the director owned 20,374 shares of the company’s stock, valued at $4,421,565.48. This trade represents a 5.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 569,515 shares of company stock valued at $128,310,552 over the last quarter. 1.34% of the stock is currently owned by 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.