Stonebridge Financial Group LLC Boosts Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Stonebridge Financial Group LLC boosted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 3,986.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,185 shares of the company's stock after acquiring an additional 1,156 shares during the period. Stonebridge Financial Group LLC's holdings in Take-Two Interactive Software were worth $246,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Adero Partners LLC boosted its position in shares of Take-Two Interactive Software by 2.9% during the first quarter. Adero Partners LLC now owns 1,784 shares of the company's stock valued at $370,000 after buying an additional 51 shares during the last quarter. State of Wyoming lifted its stake in Take-Two Interactive Software by 13.0% during the 4th quarter. State of Wyoming now owns 522 shares of the company's stock valued at $96,000 after acquiring an additional 60 shares during the period. Simon Quick Advisors LLC boosted its holdings in shares of Take-Two Interactive Software by 4.0% during the 1st quarter. Simon Quick Advisors LLC now owns 1,681 shares of the company's stock valued at $348,000 after acquiring an additional 64 shares during the last quarter. Kingswood Wealth Advisors LLC grew its stake in shares of Take-Two Interactive Software by 3.2% in the first quarter. Kingswood Wealth Advisors LLC now owns 2,079 shares of the company's stock worth $431,000 after acquiring an additional 64 shares during the period. Finally, Itau Unibanco Holding S.A. grew its stake in shares of Take-Two Interactive Software by 41.4% in the fourth quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company's stock worth $45,000 after acquiring an additional 72 shares during the period. Institutional investors own 95.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on TTWO. Robert W. Baird raised their target price on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a report on Friday, May 16th. Benchmark increased their price target 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. Morgan Stanley raised their price target on Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an "overweight" rating in a research note on Monday, May 19th. JPMorgan Chase & Co. upped their price objective on Take-Two Interactive Software from $225.00 to $250.00 and gave the company an "overweight" rating in a research report on Friday, May 16th. Finally, Wall Street Zen downgraded Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. 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.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $228.10.

Insider Transactions at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 27,056 shares of the company'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 owns 152,271 shares of the company's stock, valued at approximately $34,294,474.62. This represents a 15.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Strauss Zelnick sold 216,661 shares of the stock in a transaction on Friday, May 30th. The stock was sold at an average price of $225.75, for a total value of $48,911,220.75. Following the completion of the sale, the chief executive officer 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 position. The disclosure for this sale can be found here. Insiders sold a total of 460,378 shares of company stock valued at $103,915,994 over the last three months. Corporate insiders own 1.45% of the company's stock.

Take-Two Interactive Software Price Performance

NASDAQ TTWO opened at $241.44 on Monday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.18. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $245.08. The stock has a market cap of $42.84 billion, a price-to-earnings ratio of -9.51, a PEG ratio of 6.28 and a beta of 1.03. The company's 50 day moving average is $229.88 and its two-hundred day moving average is $209.50.

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.

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