Baader Bank Aktiengesellschaft Makes New Investment in Take-Two Interactive Software, Inc. $TTWO

Baader Bank Aktiengesellschaft acquired a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,185 shares of the company’s stock, valued at approximately $559,000.

Other institutional investors also recently modified their holdings of the company. Pilgrim Partners Asia Pte Ltd purchased a new position in Take-Two Interactive Software during the 3rd quarter valued at about $26,000. GHP Investment Advisors Inc. bought a new stake in shares of Take-Two Interactive Software in the 4th quarter worth approximately $28,000. Rachor Investment Advisory Services LLC purchased a new stake in shares of Take-Two Interactive Software in the 4th quarter worth approximately $34,000. True Wealth Design LLC increased its position in Take-Two Interactive Software by 91.9% during the 4th quarter. True Wealth Design LLC now owns 142 shares of the company’s stock valued at $36,000 after buying an additional 68 shares in the last quarter. Finally, Root Financial Partners LLC bought a new position in Take-Two Interactive Software during the 3rd quarter valued at approximately $40,000. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Trading Up 6.8%

Shares of TTWO stock opened at $242.41 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market cap of $44.89 billion, a price-to-earnings ratio of -10.83, a PEG ratio of 3.39 and a beta of 0.97. Take-Two Interactive Software, Inc. has a 1 year low of $187.63 and a 1 year high of $264.79. The firm has a fifty day moving average price of $208.91 and a 200-day moving average price of $226.35.

Insider Activity at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 155 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $194.73, for a total value of $30,183.15. Following the transaction, the director owned 65,626 shares of the company’s stock, valued at $12,779,350.98. This trade represents a 0.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Daniel P. Emerson sold 1,698 shares of Take-Two Interactive Software stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $213.62, for a total value of $362,726.76. Following the transaction, the insider directly owned 125,001 shares in the company, valued at approximately $26,702,713.62. The trade was a 1.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 65,292 shares of company stock valued at $13,978,938 in the last ninety days. Corporate insiders own 1.34% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on TTWO. UBS Group increased their target price on Take-Two Interactive Software from $292.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Zacks Research downgraded shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 12th. DA Davidson restated a “buy” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research note on Wednesday, February 4th. Raymond James Financial raised Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price objective on the stock in a research report on Tuesday, February 10th. Finally, Wells Fargo & Company lowered their target price on shares of Take-Two Interactive Software from $295.00 to $293.00 and set an “overweight” rating on the stock in a research note on Monday, April 6th. One research 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average 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.