Composition Wealth LLC Acquires 14,042 Shares of Take-Two Interactive Software, Inc. $TTWO

Composition Wealth LLC lifted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 181.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 21,769 shares of the company’s stock after purchasing an additional 14,042 shares during the quarter. Composition Wealth LLC’s holdings in Take-Two Interactive Software were worth $5,573,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LBP AM SA boosted its stake in shares of Take-Two Interactive Software by 298.2% in the 4th quarter. LBP AM SA now owns 64,611 shares of the company’s stock worth $16,542,000 after buying an additional 48,384 shares during the last quarter. AGF Management Ltd. boosted its stake in shares of Take-Two Interactive Software by 33.1% in the 3rd quarter. AGF Management Ltd. now owns 72,828 shares of the company’s stock worth $18,816,000 after buying an additional 18,119 shares during the last quarter. Compass Wealth Management LLC purchased a new position in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $3,419,000. M&G PLC purchased a new position in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $12,465,000. Finally, Robeco Institutional Asset Management B.V. boosted its stake in shares of Take-Two Interactive Software by 24.3% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 585,950 shares of the company’s stock worth $150,021,000 after buying an additional 114,403 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Take-Two Interactive Software Trading Up 1.1%

NASDAQ:TTWO opened at $216.03 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $40.00 billion, a PE ratio of -9.65, a price-to-earnings-growth ratio of 3.23 and a beta of 0.97. The firm’s 50 day moving average is $206.04 and its 200 day moving average is $228.41. Take-Two Interactive Software, Inc. has a 12 month low of $187.63 and a 12 month high of $264.79.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 7,946 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $214.16, for a total transaction of $1,701,715.36. Following the sale, the chief executive officer owned 170,756 shares of the company’s stock, valued at $36,569,104.96. The trade was a 4.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael Sheresky sold 155 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $194.73, for a total transaction of $30,183.15. Following the sale, the director directly owned 65,626 shares in the company, valued at $12,779,350.98. The trade was a 0.24% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 65,292 shares of company stock worth $13,978,938. Company insiders own 1.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Zacks Research downgraded Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. Raymond James Financial upgraded Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 target price on the stock in a research note on Tuesday, February 10th. Benchmark restated a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, February 2nd. DA Davidson restated a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research note on Wednesday, February 4th. Finally, Wells Fargo & Company lowered their price objective on shares of Take-Two Interactive Software from $295.00 to $293.00 and set an “overweight” rating on the stock in a research report on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $284.31.

About Take-Two Interactive Software

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.