Brooklyn Investment Group Acquires Shares of 584 Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Brooklyn Investment Group bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 584 shares of the company’s stock, valued at approximately $90,000.

Several other institutional investors also recently modified their holdings of the business. D.A. Davidson & CO. boosted its stake in Take-Two Interactive Software by 2.4% during the third quarter. D.A. Davidson & CO. now owns 9,778 shares of the company’s stock worth $1,503,000 after acquiring an additional 233 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of Take-Two Interactive Software by 1.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 98,134 shares of the company’s stock worth $15,084,000 after purchasing an additional 1,339 shares in the last quarter. Bank of Montreal Can grew its stake in shares of Take-Two Interactive Software by 31.0% in the 3rd quarter. Bank of Montreal Can now owns 260,712 shares of the company’s stock worth $39,902,000 after buying an additional 61,731 shares during the last quarter. Truvestments Capital LLC purchased a new stake in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $31,000. Finally, Brown Brothers Harriman & Co. increased its position in Take-Two Interactive Software by 27.6% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 218,319 shares of the company’s stock valued at $33,558,000 after buying an additional 47,226 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Trading Down 1.2 %

Shares of Take-Two Interactive Software stock opened at $185.56 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a market capitalization of $32.59 billion, a PE ratio of -8.77, a P/E/G ratio of 5.65 and a beta of 0.85. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $190.43. The company’s fifty day simple moving average is $164.23 and its 200-day simple moving average is $157.34.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on TTWO shares. UBS Group boosted their target price on Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Benchmark increased their price objective on shares of Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, August 21st. Roth Mkm lifted their target price on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Bank of America reiterated a “buy” rating and set a $185.00 price target on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. Finally, BMO Capital Markets raised their price target on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Two investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $191.75.

Insider Activity at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $179.17, for a total value of $358,340.00. Following the completion of the sale, the director now directly owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.45% of the stock is owned by company insiders.

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.