Alps Advisors Inc. acquired a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,755 shares of the company’s stock, valued at approximately $1,099,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TTWO. Creative Planning grew its stake in Take-Two Interactive Software by 338.7% during the 2nd quarter. Creative Planning now owns 4,492 shares of the company’s stock worth $330,000 after buying an additional 3,468 shares during the last quarter. Eqis Capital Management Inc. grew its stake in Take-Two Interactive Software by 19.6% during the 2nd quarter. Eqis Capital Management Inc. now owns 5,837 shares of the company’s stock worth $428,000 after buying an additional 957 shares during the last quarter. Oregon Public Employees Retirement Fund grew its stake in Take-Two Interactive Software by 4.4% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 37,625 shares of the company’s stock worth $2,761,000 after buying an additional 1,588 shares during the last quarter. Crow Point Partners LLC grew its stake in Take-Two Interactive Software by 63.4% during the 2nd quarter. Crow Point Partners LLC now owns 1,775 shares of the company’s stock worth $129,000 after buying an additional 689 shares during the last quarter. Finally, LS Investment Advisors LLC grew its stake in Take-Two Interactive Software by 17.3% during the 2nd quarter. LS Investment Advisors LLC now owns 10,144 shares of the company’s stock worth $744,000 after buying an additional 1,496 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

Shares of Take-Two Interactive Software, Inc. (NASDAQ TTWO) opened at $118.26 on Tuesday. The company has a quick ratio of 1.31, a current ratio of 1.33 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $13,193.66, a P/E ratio of 45.19, a PEG ratio of 3.35 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 1-year low of $46.05 and a 1-year high of $120.62.

COPYRIGHT VIOLATION NOTICE: This story was first posted by Watch List News and is the property of of Watch List News. If you are accessing this story on another site, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark law. The legal version of this story can be viewed at https://www.watchlistnews.com/alps-advisors-inc-invests-1-10-million-in-take-two-interactive-software-inc-ttwo/1702487.html.

TTWO has been the topic of a number of research reports. Benchmark Co. restated a “buy” rating and set a $110.00 price target (up previously from $100.00) on shares of Take-Two Interactive Software in a research note on Saturday, September 16th. MKM Partners raised their price target on Take-Two Interactive Software from $97.00 to $122.00 and gave the stock a “buy” rating in a research note on Monday, October 30th. BMO Capital Markets restated an “outperform” rating on shares of Take-Two Interactive Software in a research note on Tuesday, September 12th. Barclays PLC initiated coverage on Take-Two Interactive Software in a research note on Wednesday, October 4th. They set an “overweight” rating and a $115.00 price target on the stock. Finally, Stifel Nicolaus restated a “buy” rating and set a $105.00 price target on shares of Take-Two Interactive Software in a research note on Thursday, October 12th. One analyst has rated the stock with a sell rating, four have given a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $110.65.

In related news, CEO Strauss Zelnick sold 31,004 shares of Take-Two Interactive Software stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $116.49, for a total transaction of $3,611,655.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Lainie Goldstein sold 30,000 shares of Take-Two Interactive Software stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $115.54, for a total value of $3,466,200.00. Following the transaction, the chief financial officer now directly owns 351,019 shares of the company’s stock, valued at $40,556,735.26. The disclosure for this sale can be found here. 1.55% of the stock is owned by company insiders.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.

Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Take-Two Interactive Software, Inc. (NASDAQ:TTWO).

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

Receive News & Ratings for Take-Two Interactive Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.