Aaron Wealth Advisors LLC Has $407,000 Stock Position in Take-Two Interactive Software, Inc. $TTWO

Aaron Wealth Advisors LLC lowered its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 55.8% in the first quarter, HoldingsChannel reports. The firm owned 2,060 shares of the company’s stock after selling 2,596 shares during the period. Aaron Wealth Advisors LLC’s holdings in Take-Two Interactive Software were worth $407,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of TTWO. Norges Bank acquired a new position in shares of Take-Two Interactive Software in the fourth quarter valued at $735,389,000. AQR Capital Management LLC lifted its stake in shares of Take-Two Interactive Software by 162.1% during the 4th quarter. AQR Capital Management LLC now owns 1,138,738 shares of the company’s stock worth $291,551,000 after buying an additional 704,316 shares during the last quarter. Alyeska Investment Group L.P. boosted its holdings in shares of Take-Two Interactive Software by 44.6% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,842,927 shares of the company’s stock worth $471,845,000 after buying an additional 568,263 shares during the period. Bessemer Group Inc. grew its stake in Take-Two Interactive Software by 53.1% in the 4th quarter. Bessemer Group Inc. now owns 1,456,186 shares of the company’s stock valued at $372,828,000 after buying an additional 505,000 shares during the last quarter. Finally, Amundi grew its stake in Take-Two Interactive Software by 35.4% in the 4th quarter. Amundi now owns 1,805,852 shares of the company’s stock valued at $462,352,000 after buying an additional 472,383 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on TTWO. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. Bank of America upped their target price on Take-Two Interactive Software from $320.00 to $368.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. DA Davidson reiterated a “buy” rating and set a $300.00 target price on shares of Take-Two Interactive Software in a research note on Monday, June 15th. Piper Sandler reiterated an “overweight” rating on shares of Take-Two Interactive Software in a research note on Tuesday, June 16th. Finally, BMO Capital Markets lifted their price target on Take-Two Interactive Software from $280.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $292.71.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock opened at $238.53 on Monday. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $44.29 billion, a price-to-earnings ratio of -147.24, a price-to-earnings-growth ratio of 4.72 and a beta of 0.98. Take-Two Interactive Software, Inc. has a twelve month low of $187.63 and a twelve month high of $264.79. The company has a 50-day simple moving average of $223.96 and a two-hundred day simple moving average of $222.50.

Insider Activity at Take-Two Interactive Software

In other news, Director Jon J. Moses sold 500 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $215.22, for a total transaction of $107,610.00. Following the transaction, the director directly owned 22,368 shares of the company’s stock, valued at approximately $4,814,040.96. This trade represents a 2.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Strauss Zelnick sold 208,969 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $227.34, for a total transaction of $47,507,012.46. Following the completion of the sale, the chief executive officer owned 1,006,021 shares of the company’s stock, valued at approximately $228,708,814.14. The trade was a 17.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 570,015 shares of company stock valued at $128,432,857. 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.