Principal Securities Inc. Purchases 58 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Principal Securities Inc. raised its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 6.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,024 shares of the company’s stock after buying an additional 58 shares during the period. Principal Securities Inc.’s holdings in Take-Two Interactive Software were worth $189,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of TTWO. Itau Unibanco Holding S.A. purchased a new stake in Take-Two Interactive Software in the third quarter worth $27,000. Truvestments Capital LLC bought a new position in shares of Take-Two Interactive Software in the third quarter worth about $31,000. Versant Capital Management Inc increased its stake in Take-Two Interactive Software by 87.0% in 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 period. Catalyst Capital Advisors LLC lifted its holdings in 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 buying an additional 115 shares in the last quarter. Finally, AM Squared Ltd purchased a new stake in Take-Two Interactive Software in the 3rd quarter valued at about $46,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Insiders Place Their Bets

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the sale, the insider now owns 149,379 shares of the company’s stock, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.45% of the stock is currently owned by corporate insiders.

Take-Two Interactive Software Stock Up 0.2 %

NASDAQ TTWO opened at $212.02 on Tuesday. The business has a fifty day moving average price of $191.14 and a 200 day moving average price of $173.90. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market cap of $37.42 billion, a P/E ratio of -9.94, a P/E/G ratio of 6.83 and a beta of 0.89. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $218.75.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Raymond James reissued an “outperform” rating and issued a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Wedbush restated an “outperform” rating and set a $215.00 price target on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Morgan Stanley lifted their price objective on Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. increased their target price on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Finally, Citigroup increased their price objective on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $210.55.

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.