Sheaff Brock Investment Advisors LLC Acquires Shares of 4,398 Take-Two Interactive Software, Inc. (TTWO)

Sheaff Brock Investment Advisors LLC acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 4,398 shares of the company’s stock, valued at approximately $450,000.

Several other large investors have also added to or reduced their stakes in the company. Dupont Capital Management Corp bought a new position in Take-Two Interactive Software during the 3rd quarter valued at about $102,000. Pittenger & Anderson Inc. lifted its holdings in Take-Two Interactive Software by 124.1% during the 3rd quarter. Pittenger & Anderson Inc. now owns 1,625 shares of the company’s stock valued at $166,000 after purchasing an additional 900 shares during the last quarter. Smithfield Trust Co. bought a new position in Take-Two Interactive Software during the 2nd quarter valued at about $125,000. Bronfman E.L. Rothschild L.P. lifted its holdings in Take-Two Interactive Software by 1,088.9% during the 3rd quarter. Bronfman E.L. Rothschild L.P. now owns 1,712 shares of the company’s stock valued at $175,000 after purchasing an additional 1,568 shares during the last quarter. Finally, Fortaleza Asset Management Inc. bought a new position in Take-Two Interactive Software during the 2nd quarter valued at about $134,000. 91.26% of the stock is owned by institutional investors.

Take-Two Interactive Software, Inc. (NASDAQ TTWO) opened at $104.19 on Wednesday. The company has a quick ratio of 1.31, a current ratio of 1.33 and a debt-to-equity ratio of 0.04. Take-Two Interactive Software, Inc. has a one year low of $47.56 and a one year high of $120.62. The firm has a market cap of $12,632.52, a P/E ratio of 43.27, a price-to-earnings-growth ratio of 3.21 and a beta of 0.81.

Several brokerages recently issued reports on TTWO. MKM Partners reissued a “buy” rating and set a $97.00 price target (up from $86.00) on shares of Take-Two Interactive Software in a report on Wednesday, August 9th. Benchmark restated a “buy” rating and issued a $100.00 price objective (up previously from $85.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Stifel Nicolaus restated a “buy” rating and issued a $96.00 price objective (up previously from $87.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Zacks Investment Research cut shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 27th. Finally, ValuEngine cut shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. One investment analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $112.90.

In other Take-Two Interactive Software news, CFO Lainie Goldstein sold 30,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $115.54, for a total value of $3,466,200.00. Following the transaction, the chief financial officer now owns 351,019 shares of the company’s stock, valued at $40,556,735.26. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Michael Dornemann sold 5,500 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $118.50, for a total transaction of $651,750.00. Following the completion of the transaction, the director now directly owns 4,777 shares in the company, valued at approximately $566,074.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 66,504 shares of company stock worth $7,729,606. Insiders own 1.55% of the company’s stock.

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Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.

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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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