Wealth Enhancement Advisory Services LLC Has $2.91 Million Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 8.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,810 shares of the company's stock after buying an additional 1,231 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in Take-Two Interactive Software were worth $2,910,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Park Square Financial Group LLC purchased a new position in shares of Take-Two Interactive Software during the 4th quarter worth $28,000. Assetmark Inc. grew its holdings in shares of Take-Two Interactive Software by 155.9% during the 4th quarter. Assetmark Inc. now owns 174 shares of the company's stock worth $32,000 after purchasing an additional 106 shares during the period. Itau Unibanco Holding S.A. grew its holdings 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 worth $45,000 after purchasing an additional 72 shares during the period. First Horizon Advisors Inc. grew its holdings 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 purchasing an additional 54 shares during the period. Finally, Mizuho Bank Ltd. purchased a new position in shares of Take-Two Interactive Software during the 4th quarter worth $53,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 27,056 shares of Take-Two Interactive Software stock in a transaction that occurred 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 transaction, the insider now directly owns 152,271 shares of the company's stock, valued at $34,294,474.62. This trade represents a 15.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Strauss Zelnick sold 216,661 shares of Take-Two Interactive Software stock in a transaction that occurred 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 completion of the transaction, the chief executive officer 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. In the last ninety days, insiders sold 460,378 shares of company stock worth $103,915,994. Insiders own 1.45% of the company's stock.

Take-Two Interactive Software Trading Up 0.8%

TTWO traded up $1.85 during trading on Thursday, reaching $231.03. 2,340,196 shares of the company's stock were exchanged, compared to its average volume of 1,752,393. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $240.78. The firm has a market capitalization of $40.99 billion, a PE ratio of -10.83, a P/E/G ratio of 6.83 and a beta of 1.08. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The company's fifty day moving average price is $219.67 and its 200-day moving average price is $203.37.

Analyst Ratings Changes

A number of equities analysts recently commented on TTWO shares. UBS Group raised their target price on Take-Two Interactive Software from $230.00 to $275.00 and gave the company a "buy" rating in a report on Friday, May 16th. Robert W. Baird increased their price target on Take-Two Interactive Software from $210.00 to $230.00 and gave the company an "outperform" rating in a research report on Friday, May 16th. Raymond James reaffirmed an "outperform" rating and issued a $250.00 price target (up previously from $240.00) on shares of Take-Two Interactive Software in a research report on Friday, May 16th. Ascendiant Capital Markets raised their target price on Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a research report on Monday, March 3rd. Finally, DA Davidson raised their target price on Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus 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.