United Asset Strategies Inc. Acquires 248 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

United Asset Strategies Inc. boosted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,364 shares of the company’s stock after acquiring an additional 248 shares during the quarter. United Asset Strategies Inc.’s holdings in Take-Two Interactive Software were worth $1,908,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TTWO. Itau Unibanco Holding S.A. bought a new position in Take-Two Interactive Software during the 3rd quarter worth $27,000. Versant Capital Management Inc lifted its stake in shares of Take-Two Interactive Software by 87.0% in the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after acquiring an additional 87 shares during the period. Truvestments Capital LLC bought a new stake in Take-Two Interactive Software in the third quarter valued at approximately $31,000. Friedenthal Financial acquired a new stake in Take-Two Interactive Software during the 4th quarter valued at approximately $50,000. Finally, Catalyst Capital Advisors LLC raised its holdings in Take-Two Interactive Software by 69.3% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock worth $43,000 after purchasing an additional 115 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $185.49 on Monday. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $192.14. The firm has a 50-day moving average price of $185.46 and a two-hundred day moving average price of $166.12. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. BMO Capital Markets reaffirmed an “outperform” rating and issued a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Roth Mkm upped their price target on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. StockNews.com upgraded Take-Two Interactive Software from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Wedbush reissued an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Monday, December 9th. Finally, Robert W. Baird upped their target price on Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $200.58.

Insider Activity

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software 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 sale, the director now owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the transaction, the insider now owns 149,379 shares in the company, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their position. The disclosure for this sale can be found here. 1.45% of the stock is currently owned by corporate insiders.

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.