Clarius Group LLC Takes $404,000 Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Clarius Group LLC bought a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,951 shares of the company's stock, valued at approximately $404,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Davis R M Inc. raised its holdings in shares of Take-Two Interactive Software by 4.9% in the 4th quarter. Davis R M Inc. now owns 229,426 shares of the company's stock valued at $42,233,000 after acquiring an additional 10,701 shares in the last quarter. Landscape Capital Management L.L.C. bought a new stake in Take-Two Interactive Software during the fourth quarter valued at approximately $1,442,000. Mackenzie Financial Corp grew its stake in Take-Two Interactive Software by 13.2% in the 4th quarter. Mackenzie Financial Corp now owns 15,698 shares of the company's stock worth $2,890,000 after buying an additional 1,833 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Take-Two Interactive Software by 8.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,810 shares of the company's stock worth $2,910,000 after buying an additional 1,231 shares in the last quarter. Finally, Fisher Asset Management LLC bought a new position in shares of Take-Two Interactive Software in the 4th quarter worth $259,000. 95.46% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, insider Daniel P. Emerson sold 27,056 shares of the stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $225.22, for a total value of $6,093,552.32. Following the sale, the insider now directly owns 152,271 shares of the company's stock, valued at approximately $34,294,474.62. This represents a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Karl Slatoff sold 216,661 shares of the firm's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $225.75, for a total value of $48,911,220.75. Following the transaction, the president now owns 1,206,427 shares of the company's stock, valued at $272,350,895.25. The trade was a 15.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 460,378 shares of company stock worth $103,915,994. Company insiders own 1.45% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on TTWO shares. Wall Street Zen lowered shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Wednesday, May 21st. Benchmark upped their price objective on Take-Two Interactive Software from $225.00 to $250.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Morgan Stanley increased their price target on shares of Take-Two Interactive Software from $210.00 to $265.00 and gave the company an "overweight" rating in a research report on Monday, May 19th. BMO Capital Markets restated an "outperform" rating and issued a $236.00 price objective (down from $240.00) on shares of Take-Two Interactive Software in a report on Monday, May 5th. Finally, Raymond James Financial restated an "outperform" rating and set a $250.00 price target (up from $240.00) on shares of Take-Two Interactive Software in a research report on Friday, May 16th. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $228.10.

Take-Two Interactive Software Trading Down 0.1%

TTWO stock traded down $0.13 during trading on Friday, reaching $238.37. The company had a trading volume of 3,448,449 shares, compared to its average volume of 1,761,643. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.78 and a quick ratio of 0.78. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $242.28. The business has a 50 day moving average of $226.51 and a 200 day moving average of $207.05. The company has a market cap of $42.29 billion, a P/E ratio of -9.39, a PEG ratio of 5.82 and a beta of 1.03.

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.