Apollon Wealth Management LLC Buys 7,647 Shares of Take-Two Interactive Software, Inc. $TTWO

Apollon Wealth Management LLC lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 365.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,739 shares of the company’s stock after purchasing an additional 7,647 shares during the period. Apollon Wealth Management LLC’s holdings in Take-Two Interactive Software were worth $1,923,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. MCF Advisors LLC purchased a new position in Take-Two Interactive Software during the 4th quarter worth $25,000. GHP Investment Advisors Inc. purchased a new stake in shares of Take-Two Interactive Software in the 4th quarter worth $28,000. Rachor Investment Advisory Services LLC purchased a new stake in shares of Take-Two Interactive Software in the 4th quarter worth $34,000. MV Capital Management Inc. bought a new position in shares of Take-Two Interactive Software during the 4th quarter worth $34,000. Finally, True Wealth Design LLC grew its position in shares of Take-Two Interactive Software by 91.9% during the 4th 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. Institutional investors own 95.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on TTWO shares. Wells Fargo & Company decreased their price objective on Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating for the company in a report on Friday, May 22nd. Piper Sandler reiterated an “overweight” rating on shares of Take-Two Interactive Software in a report on Tuesday, June 16th. BMO Capital Markets raised their target price on shares of Take-Two Interactive Software from $280.00 to $285.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th. DA Davidson restated a “buy” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a report on Monday, June 15th. Finally, Bank of America upped their price target on shares of Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. One 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $292.71.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Michael Dornemann sold 1,151 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $217.02, for a total value of $249,790.02. Following the completion of the transaction, the director directly owned 20,374 shares in the company, valued at approximately $4,421,565.48. The trade was a 5.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Jon J. Moses sold 500 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $215.22, for a total transaction of $107,610.00. Following the sale, the director directly owned 22,368 shares of the company’s stock, valued at approximately $4,814,040.96. The trade was a 2.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 570,015 shares of company stock valued at $128,432,857 over the last three months. Corporate insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Trading Up 0.1%

TTWO opened at $250.32 on Thursday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.71. The firm has a market cap of $46.48 billion, a price-to-earnings ratio of -154.52, a PEG ratio of 4.89 and a beta of 0.96. Take-Two Interactive Software, Inc. has a 12 month low of $187.63 and a 12 month high of $264.79. The stock has a fifty day moving average price of $226.06 and a 200-day moving average price of $222.57.

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.