North Dakota State Investment Board Takes Position in Take-Two Interactive Software, Inc. $TTWO

North Dakota State Investment Board acquired a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 9,784 shares of the company’s stock, valued at approximately $2,505,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Elyxium Wealth LLC acquired a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at $49,000. iA Global Asset Management Inc. raised its stake in Take-Two Interactive Software by 19.2% during the 4th quarter. iA Global Asset Management Inc. now owns 64,965 shares of the company’s stock worth $16,633,000 after acquiring an additional 10,456 shares in the last quarter. Canada Post Corp Registered Pension Plan raised its stake in Take-Two Interactive Software by 27.9% during the 4th quarter. Canada Post Corp Registered Pension Plan now owns 4,220 shares of the company’s stock worth $1,080,000 after acquiring an additional 920 shares in the last quarter. Stephens Inc. AR raised its stake in Take-Two Interactive Software by 6.2% during the 4th quarter. Stephens Inc. AR now owns 4,973 shares of the company’s stock worth $1,273,000 after acquiring an additional 289 shares in the last quarter. Finally, AlphaCore Capital LLC raised its stake in Take-Two Interactive Software by 84.3% during the 4th quarter. AlphaCore Capital LLC now owns 7,294 shares of the company’s stock worth $1,867,000 after acquiring an additional 3,336 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Trading Down 0.1%

NASDAQ TTWO opened at $242.16 on Tuesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a market cap of $44.84 billion, a PE ratio of -10.82, a P/E/G ratio of 3.62 and a beta of 0.97. Take-Two Interactive Software, Inc. has a one year low of $187.63 and a one year high of $264.79. The firm’s fifty day moving average is $210.04 and its two-hundred day moving average is $226.20.

Analyst Ratings Changes

Several equities research analysts recently commented on TTWO shares. DA Davidson reiterated a “buy” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a research note on Wednesday, February 4th. Wedbush reiterated an “outperform” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a research note on Tuesday, March 3rd. Benchmark reiterated a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, February 2nd. Zacks Research lowered shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. Finally, Wells Fargo & Company cut their price target on shares of Take-Two Interactive Software from $295.00 to $293.00 and set an “overweight” rating on the stock in a research note on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $287.93.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Michael Sheresky sold 155 shares of Take-Two Interactive Software stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $194.73, for a total value of $30,183.15. Following the transaction, the director directly owned 65,626 shares in the company, valued at approximately $12,779,350.98. The trade was a 0.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Daniel P. Emerson sold 1,698 shares of Take-Two Interactive Software stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $213.62, for a total transaction of $362,726.76. Following the completion of the transaction, the insider owned 125,001 shares in the company, valued at approximately $26,702,713.62. This represents a 1.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 65,292 shares of company stock valued at $13,978,938 in the last quarter. Corporate insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.