Chicago Capital LLC Increases Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Chicago Capital LLC lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 21.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,624 shares of the company’s stock after acquiring an additional 641 shares during the period. Chicago Capital LLC’s holdings in Take-Two Interactive Software were worth $667,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. AQR Capital Management LLC boosted its position in Take-Two Interactive Software by 5.9% in the second quarter. AQR Capital Management LLC now owns 19,265 shares of the company’s stock worth $2,996,000 after purchasing an additional 1,078 shares during the last quarter. Cetera Investment Advisers grew its position in Take-Two Interactive Software by 12.8% during the second quarter. Cetera Investment Advisers now owns 14,987 shares of the company’s stock valued at $2,330,000 after buying an additional 1,706 shares during the period. Sanctuary Advisors LLC purchased a new stake in Take-Two Interactive Software during the second quarter valued at approximately $638,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in Take-Two Interactive Software in the second quarter worth approximately $2,446,000. Finally, Czech National Bank boosted its stake in shares of Take-Two Interactive Software by 9.7% during the 3rd quarter. Czech National Bank now owns 33,207 shares of the company’s stock worth $5,104,000 after acquiring an additional 2,948 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Insider Buying and Selling at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the sale, the insider now directly owns 149,379 shares in the company, valued at approximately $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the sale, the director now directly owns 9,692 shares of the company’s stock, valued at $1,736,515.64. This represents a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.45% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on TTWO shares. JPMorgan Chase & Co. raised their price objective on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. Wedbush restated an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software in a research note on Monday, December 9th. BMO Capital Markets reiterated an “outperform” rating and issued a $240.00 price target (up from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. Oppenheimer raised their price objective on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, January 21st. Finally, Citigroup upped their target price on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Two equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and a consensus price target of $204.06.

Take-Two Interactive Software Price Performance

TTWO stock opened at $186.07 on Tuesday. The stock has a market cap of $32.68 billion, a PE ratio of -8.79, a P/E/G ratio of 5.76 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $192.50. The company has a 50-day moving average price of $185.68 and a 200 day moving average price of $167.64. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53.

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.