Nisa Investment Advisors LLC Boosts Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Nisa Investment Advisors LLC raised its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,506 shares of the company’s stock after acquiring an additional 1,123 shares during the period. Nisa Investment Advisors LLC’s holdings in Take-Two Interactive Software were worth $7,456,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Itau Unibanco Holding S.A. purchased a new position in Take-Two Interactive Software in the 3rd quarter worth approximately $27,000. Truvestments Capital LLC purchased a new position in Take-Two Interactive Software in the third quarter worth $31,000. Versant Capital Management Inc increased its stake in Take-Two Interactive Software by 87.0% in 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 lifted its stake 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 worth $43,000 after purchasing an additional 115 shares during the last quarter. Finally, AM Squared Ltd purchased a new position in shares of Take-Two Interactive Software in the 3rd quarter worth about $46,000. Institutional investors own 95.46% of the company’s stock.

Insider Activity

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software 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 completion of the transaction, the director now owns 9,692 shares of the company’s stock, valued at $1,736,515.64. The trade was a 17.11 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Daniel P. Emerson sold 777 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the sale, the insider now directly owns 149,379 shares in the company, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Trading Up 0.9 %

Shares of NASDAQ TTWO opened at $185.49 on Friday. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $192.14. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a 50-day moving average of $185.46 and a 200 day moving average of $165.89. The stock has a market cap of $32.58 billion, a P/E ratio of -8.77, a price-to-earnings-growth ratio of 5.84 and a beta of 0.89.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. StockNews.com upgraded Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. UBS Group upped their price objective on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. The Goldman Sachs Group lifted their target price on shares of 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. Stifel Nicolaus raised their price objective on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. boosted their target price on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Three research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $200.58.

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.