Empirical Finance LLC Purchases 133 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Empirical Finance LLC boosted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,856 shares of the company’s stock after purchasing an additional 133 shares during the quarter. Empirical Finance LLC’s holdings in Take-Two Interactive Software were worth $746,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Hartford Investment Management Co. grew its holdings in shares of Take-Two Interactive Software by 0.7% during the third quarter. Hartford Investment Management Co. now owns 10,255 shares of the company’s stock valued at $1,576,000 after buying an additional 74 shares during the last quarter. Huntington National Bank raised its position in Take-Two Interactive Software by 9.3% in the third quarter. Huntington National Bank now owns 896 shares of the company’s stock worth $138,000 after acquiring an additional 76 shares during the period. Chicago Capital LLC raised its position in shares of Take-Two Interactive Software by 2.9% in the third quarter. Chicago Capital LLC now owns 2,983 shares of the company’s stock valued at $459,000 after purchasing an additional 85 shares during the period. Massmutual Trust Co. FSB ADV raised its position in shares of Take-Two Interactive Software by 15.3% in the second quarter. Massmutual Trust Co. FSB ADV now owns 685 shares of the company’s stock valued at $107,000 after purchasing an additional 91 shares during the period. Finally, GAMMA Investing LLC raised its position in shares of Take-Two Interactive Software by 5.7% in the third quarter. GAMMA Investing LLC now owns 1,709 shares of the company’s stock valued at $263,000 after purchasing an additional 92 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of the sale, the director now directly owns 9,692 shares in the company, valued at $1,736,515.64. This represents a 17.11 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Michael Sheresky sold 191 shares of the company’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $149.83, for a total transaction of $28,617.53. Following the sale, the director now owns 64,378 shares of the company’s stock, valued at $9,645,755.74. This represents a 0.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is owned by corporate insiders.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock opened at $177.62 on Friday. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $182.62. The stock has a market capitalization of $31.20 billion, a price-to-earnings ratio of -8.39, a price-to-earnings-growth ratio of 5.35 and a beta of 0.85. The company has a fifty day moving average of $158.99 and a 200-day moving average of $155.07. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on TTWO shares. HSBC raised shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price target on the stock in a research report on Monday, August 12th. Wedbush reaffirmed an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software in a report on Thursday, November 7th. Hsbc Global Res raised shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, August 12th. UBS Group upped their target price on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Finally, TD Cowen upped their target price on shares of Take-Two Interactive Software from $173.00 to $176.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Two investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $188.70.

Take-Two Interactive Software Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.