Perigon Wealth Management LLC Has $200,000 Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Perigon Wealth Management LLC reduced its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 16.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,091 shares of the company’s stock after selling 222 shares during the period. Perigon Wealth Management LLC’s holdings in Take-Two Interactive Software were worth $200,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of TTWO. Swiss National Bank boosted its stake in Take-Two Interactive Software by 2.7% during the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company’s stock valued at $75,857,000 after purchasing an additional 13,200 shares during the period. CIBC Asset Management Inc raised its holdings in shares of Take-Two Interactive Software by 9.1% in the 3rd quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock worth $8,200,000 after buying an additional 4,456 shares in the last quarter. Paloma Partners Management Co acquired a new stake in Take-Two Interactive Software during the 3rd quarter valued at $20,290,000. Fiduciary Alliance LLC acquired a new stake in Take-Two Interactive Software during the 4th quarter valued at $734,000. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Take-Two Interactive Software by 2.8% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company’s stock valued at $61,928,000 after buying an additional 10,837 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on TTWO shares. JPMorgan Chase & Co. raised their price target on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Morgan Stanley lifted their target price on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their price target for the company from $175.00 to $230.00 in a research note on Monday, January 27th. Wedbush reissued an “outperform” rating and issued a $190.00 price target on shares of Take-Two Interactive Software in a research note on Monday, December 9th. Finally, Robert W. Baird lifted their price target on Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Two analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $204.06.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $186.07 on Tuesday. The business’s 50 day moving average price is $185.68 and its two-hundred day moving average price is $167.64. The company has a market cap of $32.68 billion, a PE ratio of -8.79, a price-to-earnings-growth ratio of 5.76 and a beta of 0.89. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $192.50.

Insider Transactions at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the sale, the insider now directly owns 149,379 shares in the company, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $179.17, for a total value of $358,340.00. Following the completion of the sale, the director now owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.45% of the company’s stock.

About Take-Two Interactive Software

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.