Valeo Financial Advisors LLC Increases Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Valeo Financial Advisors LLC lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 19.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm 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 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Geneva Partners LLC purchased a new position in Take-Two Interactive Software during the 1st quarter worth $2,125,000. Highview Capital Management LLC DE acquired a new stake in Take-Two Interactive Software in the first quarter valued at $1,495,000. China Universal Asset Management Co. Ltd. grew its holdings in Take-Two Interactive Software by 52.5% in the first quarter. China Universal Asset Management Co. Ltd. now owns 4,359 shares of the company's stock valued at $903,000 after purchasing an additional 1,501 shares during the last quarter. Cloud Capital Management LLC purchased a new position in shares of Take-Two Interactive Software during the 1st quarter worth approximately $94,000. Finally, Argentarii LLC increased its stake in shares of Take-Two Interactive Software by 120.9% during the 1st quarter. Argentarii LLC now owns 4,496 shares of the company's stock worth $932,000 after purchasing an additional 2,461 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, President Karl Slatoff sold 216,661 shares of the firm's stock in a transaction that occurred 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 sale, the president owned 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 sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Strauss Zelnick sold 216,661 shares of the company's stock in a transaction on 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 sale, the chief executive officer directly owned 1,206,427 shares in the company, valued at $272,350,895.25. This trade represents a 15.22% decrease in their position. 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. Corporate insiders own 1.45% of the company's stock.

Take-Two Interactive Software Price Performance

TTWO traded up $1.67 during midday trading on Wednesday, reaching $242.23. 1,369,425 shares of the company's stock were exchanged, compared to its average volume of 1,788,144. The firm has a market capitalization of $42.98 billion, a price-to-earnings ratio of -9.54, a price-to-earnings-growth ratio of 6.31 and a beta of 1.03. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.18. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $245.08. The business has a 50-day simple moving average of $232.97 and a two-hundred day simple moving average of $212.09.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on TTWO shares. Benchmark raised their target price on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Morgan Stanley raised their target price on Take-Two Interactive Software from $210.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, May 19th. Wall Street Zen lowered shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. DA Davidson increased their target price on Take-Two Interactive Software from $250.00 to $270.00 and gave the company a "buy" rating in a research note on Friday, May 16th. Finally, UBS Group lifted their price target on Take-Two Interactive Software from $230.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and a consensus price target of $228.10.

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.