11,217 Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Bought by Donoghue Forlines LLC

Donoghue Forlines LLC purchased a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 11,217 shares of the company’s stock, valued at approximately $2,065,000. Take-Two Interactive Software makes up about 0.7% of Donoghue Forlines LLC’s portfolio, making the stock its 23rd biggest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Itau Unibanco Holding S.A. bought a new position in shares of Take-Two Interactive Software during the third quarter worth about $27,000. Versant Capital Management Inc lifted its holdings in Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after buying an additional 87 shares during the last quarter. Truvestments Capital LLC acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $31,000. Friedenthal Financial bought a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $50,000. Finally, Catalyst Capital Advisors LLC raised its position in shares of Take-Two Interactive Software by 69.3% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock valued at $43,000 after acquiring an additional 115 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TTWO. The Goldman Sachs Group boosted their target price on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Morgan Stanley upped their price target on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. raised their price objective on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Wedbush reaffirmed an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software in a report on Monday, December 9th. Finally, UBS Group boosted their price target on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and an average target price of $200.58.

Take-Two Interactive Software Stock Down 2.8 %

Shares of NASDAQ:TTWO opened at $182.69 on Thursday. The company’s fifty day moving average is $185.26 and its 200-day moving average is $165.53. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $192.14. The company has a market capitalization of $32.09 billion, a PE ratio of -8.66, a P/E/G ratio of 5.75 and a beta of 0.89.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the transaction, the director now owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the transaction, the insider now directly owns 149,379 shares in the company, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their position. The disclosure for this sale can be found here. 1.45% of the stock is owned by corporate insiders.

Take-Two Interactive Software Company 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.