Summit Place Financial Advisors LLC Invests $748,000 in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Summit Place Financial Advisors LLC purchased a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 4th quarter, Holdings Channel reports. The firm purchased 4,066 shares of the company’s stock, valued at approximately $748,000.

Several other hedge funds have also recently modified their holdings of TTWO. Itau Unibanco Holding S.A. purchased a new stake in Take-Two Interactive Software during the third quarter valued at $27,000. Truvestments Capital LLC purchased a new stake in Take-Two Interactive Software during the third quarter valued at $31,000. Versant Capital Management Inc increased its position in Take-Two Interactive Software by 87.0% during the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock valued at $34,000 after acquiring an additional 87 shares during the last quarter. Catalyst Capital Advisors LLC increased its position in Take-Two Interactive Software by 69.3% during the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock valued at $43,000 after acquiring an additional 115 shares during the last quarter. Finally, AM Squared Ltd purchased a new stake in Take-Two Interactive Software in the third quarter worth about $46,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO opened at $216.38 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The stock’s fifty day simple moving average is $189.11 and its two-hundred day simple moving average is $171.79. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $216.52.

Analyst Ratings Changes

A number of brokerages have commented on TTWO. Moffett Nathanson upped their price target on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. Morgan Stanley upped their price target on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. BMO Capital Markets restated an “outperform” rating and issued a $240.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. Citigroup upped their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Finally, Stifel Nicolaus upped their price objective on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $208.47.

Insider Buying and Selling at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 777 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the sale, the insider now owns 149,379 shares of the company’s stock, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.45% of the company’s stock.

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.