Eagle Rock Investment Company LLC Buys 2,660 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Eagle Rock Investment Company LLC grew its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 12.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,219 shares of the company's stock after buying an additional 2,660 shares during the quarter. Eagle Rock Investment Company LLC's holdings in Take-Two Interactive Software were worth $5,019,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. Park Square Financial Group LLC purchased a new position in Take-Two Interactive Software during the fourth quarter valued at $28,000. Assetmark Inc. raised its stake in Take-Two Interactive Software by 155.9% during the fourth quarter. Assetmark Inc. now owns 174 shares of the company's stock valued at $32,000 after purchasing an additional 106 shares in the last quarter. Itau Unibanco Holding S.A. increased its position in shares of Take-Two Interactive Software by 41.4% during the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company's stock valued at $45,000 after purchasing an additional 72 shares during the last quarter. Global Financial Private Client LLC increased its position in Take-Two Interactive Software by 50.0% during the first quarter. Global Financial Private Client LLC now owns 237 shares of the company's stock valued at $49,000 after acquiring an additional 79 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in shares of Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock worth $51,000 after acquiring an additional 54 shares during the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $232.72 on Friday. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $240.78. The firm's fifty day simple moving average is $220.59 and its 200 day simple moving average is $204.03. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $41.29 billion, a PE ratio of -10.91, a PEG ratio of 6.83 and a beta of 1.03.

Analysts Set New Price Targets

A number of analysts have recently weighed in on TTWO shares. UBS Group raised their price target on shares of Take-Two Interactive Software from $230.00 to $275.00 and gave the company a "buy" rating in a report on Friday, May 16th. Moffett Nathanson raised their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a research report on Friday, February 7th. Benchmark increased their target price on Take-Two Interactive Software from $225.00 to $250.00 and gave the company a "buy" rating in a report on Friday, May 16th. Robert W. Baird lifted their price target on Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Finally, BMO Capital Markets reissued an "outperform" rating and set a $236.00 price objective (down previously from $240.00) on shares of Take-Two Interactive Software in a research note on Monday, May 5th. 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 given a strong buy rating to the company. Based on data from MarketBeat, Take-Two Interactive Software has a consensus rating of "Moderate Buy" and a consensus price target of $228.10.

Insider Buying and Selling

In other news, CEO Strauss Zelnick sold 216,661 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer now owns 1,206,427 shares of the company's stock, valued at approximately $272,350,895.25. This represents a 15.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Daniel P. Emerson sold 27,056 shares of the firm's stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $225.22, for a total transaction of $6,093,552.32. Following the transaction, the insider now owns 152,271 shares of the company's stock, valued at approximately $34,294,474.62. The trade was a 15.09% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 460,378 shares of company stock valued at $103,915,994. Company insiders own 1.45% of the company's stock.

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.

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