Kingsview Wealth Management LLC Grows Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Kingsview Wealth Management LLC boosted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 4,963 shares of the company’s stock after acquiring an additional 155 shares during the period. Kingsview Wealth Management LLC’s holdings in Take-Two Interactive Software were worth $763,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of TTWO. Crewe Advisors LLC lifted its stake in Take-Two Interactive Software by 297.9% during the second quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock worth $30,000 after purchasing an additional 143 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of Take-Two Interactive Software by 155.1% in the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company’s stock valued at $31,000 after buying an additional 121 shares during the period. Blue Trust Inc. lifted its stake in Take-Two Interactive Software by 410.6% during the 2nd quarter. Blue Trust Inc. now owns 240 shares of the company’s stock worth $36,000 after acquiring an additional 193 shares in the last quarter. HHM Wealth Advisors LLC purchased a new position in Take-Two Interactive Software during the 2nd quarter valued at about $37,000. Finally, BOKF NA grew its position in Take-Two Interactive Software by 466.7% in the 1st quarter. BOKF NA now owns 272 shares of the company’s stock valued at $41,000 after acquiring an additional 224 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Buying and Selling

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the 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 owns 9,692 shares in the company, valued at $1,736,515.64. This represents a 17.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.45% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TTWO. Roth Mkm increased their price target on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Wedbush reiterated an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software in a report on Thursday, November 7th. BMO Capital Markets boosted their price target on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Hsbc Global Res upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 12th. Finally, HSBC raised Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 target price for the company in a research note on Monday, August 12th. Two analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $191.75.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $185.56 on Thursday. The stock’s 50-day moving average is $163.59 and its two-hundred day moving average is $157.14. 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 1 year low of $135.24 and a 1 year high of $190.43. The firm has a market cap of $32.59 billion, a price-to-earnings ratio of -8.77, a PEG ratio of 5.65 and a beta of 0.85.

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.