Valeo Financial Advisors LLC Purchases 1,149 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Valeo Financial Advisors LLC lifted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 19.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,181 shares of the company's stock after purchasing an additional 1,149 shares during the quarter. Valeo Financial Advisors LLC's holdings in Take-Two Interactive Software were worth $1,488,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Park Square Financial Group LLC acquired a new position in Take-Two Interactive Software in the 4th quarter valued at $28,000. Assetmark Inc. grew its stake in Take-Two Interactive Software by 155.9% in the 4th quarter. Assetmark Inc. now owns 174 shares of the company's stock valued at $32,000 after buying an additional 106 shares during the last quarter. North Capital Inc. acquired a new position in Take-Two Interactive Software in the 1st quarter valued at $35,000. Itau Unibanco Holding S.A. grew its stake in Take-Two Interactive Software by 41.4% in the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company's stock valued at $45,000 after buying an additional 72 shares during the last quarter. Finally, Global Financial Private Client LLC grew its stake in Take-Two Interactive Software by 50.0% in the 1st quarter. Global Financial Private Client LLC now owns 237 shares of the company's stock valued at $49,000 after buying an additional 79 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Price Performance

TTWO stock traded down $6.90 during trading on Thursday, hitting $235.33. 2,471,495 shares of the stock traded hands, compared to its average volume of 1,792,708. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $245.08. The stock has a market cap of $41.75 billion, a price-to-earnings ratio of -9.27, a P/E/G ratio of 6.30 and a beta of 1.03. The company has a 50 day simple moving average of $233.15 and a 200 day simple moving average of $212.66. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.18.

Insider Activity at Take-Two Interactive Software

In related news, President Karl Slatoff sold 216,661 shares of Take-Two Interactive Software stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $225.75, for a total transaction of $48,911,220.75. Following the completion of the transaction, the president directly owned 1,206,427 shares of the company's stock, valued at $272,350,895.25. This trade represents a 15.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Daniel P. Emerson sold 27,056 shares of the firm's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $225.22, for a total transaction of $6,093,552.32. Following the completion of the sale, the insider owned 152,271 shares of the company's stock, valued at $34,294,474.62. The trade was a 15.09% decrease in their position. The disclosure for this sale can be found here. Insiders sold 460,378 shares of company stock valued at $103,915,994 in the last ninety days. Insiders own 1.45% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Raymond James Financial reiterated an "outperform" rating and issued a $250.00 target price (up from $240.00) on shares of Take-Two Interactive Software in a research note on Friday, May 16th. JPMorgan Chase & Co. raised their target price on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the company an "overweight" rating in a research note on Friday, May 16th. DA Davidson increased their price target on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the company a "buy" rating in a report on Friday, May 16th. Robert W. Baird increased their price target on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the company an "outperform" rating in a report on Friday, May 16th. Finally, UBS Group increased 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. One research analyst has rated the stock with a sell rating, one has given a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Take-Two Interactive Software has a consensus rating of "Moderate Buy" and a consensus price target of $228.10.

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.