Eagle Rock Investment Company LLC Has $7.03 Million Stock Holdings in Take-Two Interactive Software, Inc. $TTWO

Eagle Rock Investment Company LLC boosted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 11.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 27,200 shares of the company’s stock after purchasing an additional 2,709 shares during the quarter. Take-Two Interactive Software makes up about 1.0% of Eagle Rock Investment Company LLC’s portfolio, making the stock its 28th largest position. Eagle Rock Investment Company LLC’s holdings in Take-Two Interactive Software were worth $7,027,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. boosted its position in shares of Take-Two Interactive Software by 101.9% in the second quarter. Blue Trust Inc. now owns 105 shares of the company’s stock valued at $26,000 after acquiring an additional 53 shares during the period. Pilgrim Partners Asia Pte Ltd acquired a new position in Take-Two Interactive Software during the 3rd quarter valued at $26,000. Twin Peaks Wealth Advisors LLC bought a new stake in Take-Two Interactive Software in the 2nd quarter valued at $27,000. Pinnacle Bancorp Inc. bought a new stake in Take-Two Interactive Software in the 3rd quarter valued at $29,000. Finally, LGT Financial Advisors LLC acquired a new stake in Take-Two Interactive Software in the 2nd quarter worth $34,000. 95.46% of the stock is owned by institutional investors.

Insider Transactions at Take-Two Interactive Software

In other news, Director Ellen F. Siminoff sold 414 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $245.48, for a total value of $101,628.72. Following the sale, the director owned 2,429 shares in the company, valued at approximately $596,270.92. The trade was a 14.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.34% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on TTWO shares. Raymond James Financial raised shares of Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price objective for the company in a research report on Tuesday, February 10th. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, February 2nd. DA Davidson reissued a “buy” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a report on Wednesday, February 4th. Weiss Ratings restated a “sell (d)” rating on shares of Take-Two Interactive Software in a research report on Wednesday, January 21st. Finally, Wedbush reaffirmed an “outperform” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $283.94.

Take-Two Interactive Software Trading Up 1.7%

Shares of TTWO opened at $193.67 on Monday. 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 cap of $35.86 billion, a PE ratio of -8.65, a PEG ratio of 10.34 and a beta of 0.92. Take-Two Interactive Software, Inc. has a 1 year low of $188.56 and a 1 year high of $264.79. The stock has a 50 day simple moving average of $238.17 and a 200-day simple moving average of $241.94.

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.