Take-Two Interactive Software, Inc. $TTWO Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 24.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 11,580 shares of the company’s stock after acquiring an additional 2,307 shares during the period. D.A. Davidson & CO.’s holdings in Take-Two Interactive Software were worth $2,287,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Take-Two Interactive Software by 30.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 195 shares of the company’s stock worth $50,000 after purchasing an additional 45 shares during the last quarter. First Horizon Corp increased its holdings in Take-Two Interactive Software by 26.4% in the fourth quarter. First Horizon Corp now owns 220 shares of the company’s stock valued at $56,000 after buying an additional 46 shares during the last quarter. Hunter Associates Investment Management LLC increased its holdings in Take-Two Interactive Software by 0.4% in the fourth quarter. Hunter Associates Investment Management LLC now owns 10,780 shares of the company’s stock valued at $2,761,000 after buying an additional 48 shares during the last quarter. Mayflower Financial Advisors LLC increased its holdings in Take-Two Interactive Software by 3.6% in the first quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company’s stock valued at $269,000 after buying an additional 48 shares during the last quarter. Finally, Independence Bank of Kentucky raised its stake in Take-Two Interactive Software by 3.7% during the fourth quarter. Independence Bank of Kentucky now owns 1,418 shares of the company’s stock valued at $363,000 after buying an additional 50 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

TTWO has been the topic of a number of research analyst reports. Piper Sandler reaffirmed an “overweight” rating on shares of Take-Two Interactive Software in a report on Tuesday, June 16th. BTIG Research reiterated a “buy” rating and issued a $293.00 price target on shares of Take-Two Interactive Software in a report on Thursday, July 2nd. DA Davidson reissued a “buy” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a research report on Monday, June 15th. Wells Fargo & Company lifted their price objective on shares of Take-Two Interactive Software from $287.00 to $289.00 and gave the stock an “overweight” rating in a report on Tuesday, July 7th. Finally, Bank of America boosted their target price on shares of Take-Two Interactive Software from $320.00 to $368.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $293.00.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $238.98 on Tuesday. The company has a market cap of $44.37 billion, a P/E ratio of -147.52, a PEG ratio of 4.54 and a beta of 0.96. The business has a 50 day moving average of $233.74 and a two-hundred day moving average of $222.37. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $265.94. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.71.

Insiders Place Their Bets

In related news, Director Ellen F. Siminoff sold 334 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $252.53, for a total transaction of $84,345.02. Following the completion of the transaction, the director directly owned 1,833 shares in the company, valued at $462,887.49. This represents a 15.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael Dornemann sold 1,151 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $217.02, for a total value of $249,790.02. Following the completion of the sale, the director directly owned 20,374 shares in the company, valued at $4,421,565.48. This represents a 5.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 569,936 shares of company stock worth $128,431,438. 1.34% of the stock is currently owned by 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.