VCI Wealth Management LLC Buys Shares of 7,312 Take-Two Interactive Software, Inc. $TTWO

VCI Wealth Management LLC acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 7,312 shares of the company’s stock, valued at approximately $1,444,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. MCF Advisors LLC acquired a new stake in Take-Two Interactive Software in the 4th quarter valued at $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at $28,000. MV Capital Management Inc. acquired a new position in Take-Two Interactive Software during the 4th quarter valued at about $34,000. Rachor Investment Advisory Services LLC bought a new stake in shares of Take-Two Interactive Software during the 4th quarter valued at $34,000. Finally, True Wealth Design LLC raised its position in shares of Take-Two Interactive Software by 91.9% in the 4th quarter. True Wealth Design LLC now owns 142 shares of the company’s stock valued at $36,000 after acquiring an additional 68 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Wall Street Analysts Forecast Growth

TTWO has been the topic of a number of research reports. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research note on Friday, May 22nd. Piper Sandler reaffirmed an “overweight” rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. Wells Fargo & Company lowered their target price 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. BMO Capital Markets lifted their price target on Take-Two Interactive Software from $280.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Bank of America upped their price objective on Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a research report on Tuesday. One equities research 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 assigned a Sell rating to the stock. According to data from MarketBeat, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average target price of $292.71.

Get Our Latest Stock Analysis on Take-Two Interactive Software

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Dornemann sold 1,151 shares of the firm’s stock in a transaction that occurred 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 transaction, the director directly owned 20,374 shares in the company, valued at $4,421,565.48. This trade represents a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jon J. Moses sold 500 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $215.22, for a total value of $107,610.00. Following the transaction, the director directly owned 22,368 shares in the company, valued at $4,814,040.96. This trade represents a 2.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 570,015 shares of company stock worth $128,432,857. Corporate insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Stock Down 0.1%

Take-Two Interactive Software stock opened at $238.53 on Friday. The company has a market cap of $44.29 billion, a P/E 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 1-year low of $187.63 and a 1-year high of $264.79. The company has a fifty day simple moving average of $223.96 and a 200 day simple moving average of $222.67. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.71.

Take-Two Interactive Software Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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