Family Firm Inc. Makes New Investment in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Family Firm Inc. bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 324 shares of the company’s stock, valued at approximately $50,000.

A number of other institutional investors also recently modified their holdings of TTWO. Pin Oak Investment Advisors Inc. raised its stake in shares of Take-Two Interactive Software by 485.7% during the fourth quarter. Pin Oak Investment Advisors Inc. now owns 164 shares of the company’s stock worth $26,000 after buying an additional 136 shares during the last quarter. ORG Partners LLC raised its stake in shares of Take-Two Interactive Software by 5,533.3% during the first quarter. ORG Partners LLC now owns 169 shares of the company’s stock worth $25,000 after buying an additional 166 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Take-Two Interactive Software by 410.6% during the second quarter. Blue Trust Inc. now owns 240 shares of the company’s stock worth $36,000 after buying an additional 193 shares during the last quarter. BOKF NA raised its stake in shares of Take-Two Interactive Software by 466.7% during the first quarter. BOKF NA now owns 272 shares of the company’s stock worth $41,000 after buying an additional 224 shares during the last quarter. Finally, Fidelis Capital Partners LLC bought a new stake in shares of Take-Two Interactive Software during the first quarter worth approximately $47,000. 95.46% of the stock is owned by institutional investors.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $159.39 on Friday. Take-Two Interactive Software, Inc. has a 12 month low of $130.34 and a 12 month high of $171.59. The firm has a fifty day simple moving average of $151.27 and a 200 day simple moving average of $150.74. The stock has a market capitalization of $27.32 billion, a price-to-earnings ratio of -7.25, a PEG ratio of 4.34 and a beta of 0.84. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.51.

Insider Buying and Selling

In related news, Director Michael Sheresky sold 191 shares of the stock in a transaction on Monday, August 19th. The shares were sold at an average price of $149.83, for a total transaction of $28,617.53. Following the completion of the transaction, the director now owns 64,378 shares in the company, valued at $9,645,755.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.37% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on TTWO shares. Roth Mkm dropped their price target on shares of Take-Two Interactive Software from $185.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, May 17th. JPMorgan Chase & Co. boosted their price target on shares of Take-Two Interactive Software from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, June 6th. Robert W. Baird decreased their price objective on shares of Take-Two Interactive Software from $173.00 to $172.00 and set an “outperform” rating for the company in a report on Monday, May 20th. HSBC upgraded shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price objective for the company in a report on Monday, August 12th. Finally, Wedbush restated an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a report on Wednesday. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $182.29.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.