First Citizens Bank & Trust Co. Takes $480,000 Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

First Citizens Bank & Trust Co. purchased a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 2,608 shares of the company’s stock, valued at approximately $480,000.

Other institutional investors also recently bought and sold shares of the company. Public Sector Pension Investment Board raised its position in shares of Take-Two Interactive Software by 174.2% in the 2nd quarter. Public Sector Pension Investment Board now owns 5,619 shares of the company’s stock worth $874,000 after acquiring an additional 3,570 shares in the last quarter. AQR Capital Management LLC grew its stake 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 period. APG Asset Management N.V. raised its holdings in Take-Two Interactive Software by 184.5% in the second quarter. APG Asset Management N.V. now owns 21,279 shares of the company’s stock worth $3,087,000 after purchasing an additional 13,800 shares in the last quarter. MBB Public Markets I LLC lifted its position in Take-Two Interactive Software by 703.3% during the second quarter. MBB Public Markets I LLC now owns 13,021 shares of the company’s stock valued at $2,025,000 after buying an additional 11,400 shares during the period. Finally, Creative Planning boosted its holdings in shares of Take-Two Interactive Software by 27.6% during the 2nd quarter. Creative Planning now owns 26,244 shares of the company’s stock valued at $4,081,000 after buying an additional 5,681 shares in the last quarter. 95.46% of the stock is owned by institutional investors.

Insider Activity at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the sale, the director now directly owns 9,692 shares in the company, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Daniel P. Emerson sold 777 shares of the firm’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 transaction, the insider now owns 149,379 shares of the company’s stock, valued at $28,029,475.56. This represents 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.

Take-Two Interactive Software Trading Up 1.3 %

TTWO stock opened at $187.87 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $192.14. The business has a 50 day simple moving average of $185.56 and a two-hundred day simple moving average of $166.38. The company has a market capitalization of $33.00 billion, a price-to-earnings ratio of -8.88, a PEG ratio of 5.84 and a beta of 0.89.

Analyst Ratings Changes

Several brokerages recently issued reports on TTWO. TD Cowen increased their price target on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. BMO Capital Markets reaffirmed an “outperform” rating and set a $240.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. The Goldman Sachs Group boosted their price target on Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Oppenheimer raised their price objective on 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, Morgan Stanley boosted their target price on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Two analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and an average price target of $203.47.

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.