Northwestern Mutual Wealth Management Co. Has $46.56 Million Stock Holdings in Take-Two Interactive Software, Inc. $TTWO

Northwestern Mutual Wealth Management Co. lifted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 181,846 shares of the company’s stock after purchasing an additional 6,775 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Take-Two Interactive Software were worth $46,558,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of TTWO. GHP Investment Advisors Inc. acquired a new position in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $28,000. Rachor Investment Advisory Services LLC acquired a new position in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $34,000. True Wealth Design LLC grew 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 purchasing an additional 68 shares during the period. AlphaQuest LLC acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at approximately $41,000. Finally, Morse Asset Management Inc grew its position in shares of Take-Two Interactive Software by 117.3% in the 4th quarter. Morse Asset Management Inc now owns 163 shares of the company’s stock valued at $42,000 after purchasing an additional 88 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Daniel P. Emerson sold 810 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $213.47, for a total transaction of $172,910.70. Following the sale, the insider owned 124,191 shares in the company, valued at $26,511,052.77. This represents a 0.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Strauss Zelnick sold 70,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $222.20, for a total value of $15,554,000.00. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 133,026 shares of company stock worth $29,057,428. 1.34% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on TTWO shares. DA Davidson reiterated a “buy” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Wednesday, February 4th. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research report on Friday, May 22nd. Wells Fargo & Company reduced their price target on Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating for the company in a research report on Friday, May 22nd. Zacks Research downgraded Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 12th. Finally, Raymond James Financial raised Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price target for the company in a research report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $287.53.

Take-Two Interactive Software Trading Up 2.9%

NASDAQ:TTWO opened at $224.16 on Friday. Take-Two Interactive Software, Inc. has a twelve month low of $187.63 and a twelve month high of $264.79. The company has a quick ratio of 1.14, a current ratio of 1.24 and a debt-to-equity ratio of 0.71. The business has a 50 day moving average price of $213.37 and a two-hundred day moving average price of $224.90. The company has a market cap of $41.62 billion, a P/E ratio of -138.37, a price-to-earnings-growth ratio of 3.42 and a beta of 0.97.

Take-Two Interactive Software 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.