1,531 Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,531 shares of the company's stock, valued at approximately $317,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Everhart Financial Group Inc. increased its stake in shares of Take-Two Interactive Software by 15.2% in the 1st quarter. Everhart Financial Group Inc. now owns 2,372 shares of the company's stock valued at $492,000 after acquiring an additional 313 shares during the last quarter. Legacy Trust grew its holdings in Take-Two Interactive Software by 0.4% during the first quarter. Legacy Trust now owns 25,879 shares of the company's stock valued at $5,363,000 after purchasing an additional 107 shares during the period. Fifth Third Bancorp increased its stake in Take-Two Interactive Software by 49.2% in the first quarter. Fifth Third Bancorp now owns 25,591 shares of the company's stock valued at $5,304,000 after purchasing an additional 8,443 shares in the last quarter. Simon Quick Advisors LLC raised its holdings in Take-Two Interactive Software by 4.0% in the first quarter. Simon Quick Advisors LLC now owns 1,681 shares of the company's stock worth $348,000 after purchasing an additional 64 shares during the period. Finally, CX Institutional raised its holdings in Take-Two Interactive Software by 17.8% in the first quarter. CX Institutional now owns 1,563 shares of the company's stock worth $324,000 after purchasing an additional 236 shares during the period. 95.46% of the stock is owned by institutional investors.

Insiders Place Their Bets

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

Take-Two Interactive Software Stock Down 0.1%

Take-Two Interactive Software stock traded down $0.13 during mid-day trading on Friday, reaching $238.37. The company's stock 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 quick ratio of 0.78 and a current ratio of 0.78. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $242.28. The business's 50 day simple moving average is $226.51 and its 200 day simple moving average is $207.05. The company has a market capitalization of $42.29 billion, a price-to-earnings ratio of -9.39, a price-to-earnings-growth ratio of 5.82 and a beta of 1.03.

Analyst Ratings Changes

Several brokerages have recently issued reports on TTWO. BMO Capital Markets reissued an "outperform" rating and issued a $236.00 price target (down previously from $240.00) on shares of Take-Two Interactive Software in a report on Monday, May 5th. Robert W. Baird boosted their target price on Take-Two Interactive Software from $210.00 to $230.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. UBS Group increased their price target on Take-Two Interactive Software from $230.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, May 16th. DA Davidson lifted their price objective on Take-Two Interactive Software from $250.00 to $270.00 and gave the company a "buy" rating in a report on Friday, May 16th. Finally, Raymond James Financial reiterated an "outperform" rating and issued a $250.00 price objective (up from $240.00) on shares of Take-Two Interactive Software in a research report on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $228.10.

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.