Boothbay Fund Management LLC Buys 26,966 Shares of Take-Two Interactive Software, Inc. $TTWO

Boothbay Fund Management LLC raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 256.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,463 shares of the company’s stock after purchasing an additional 26,966 shares during the period. Boothbay Fund Management LLC’s holdings in Take-Two Interactive Software were worth $9,679,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of TTWO. Norges Bank bought a new stake in shares of Take-Two Interactive Software during the 2nd quarter worth about $731,047,000. Vanguard Group Inc. grew its stake in Take-Two Interactive Software by 4.5% in the 3rd quarter. Vanguard Group Inc. now owns 21,701,533 shares of the company’s stock valued at $5,606,808,000 after buying an additional 932,659 shares during the last quarter. Invesco Ltd. raised its holdings in Take-Two Interactive Software by 17.3% in the 2nd quarter. Invesco Ltd. now owns 3,490,676 shares of the company’s stock valued at $847,711,000 after acquiring an additional 515,484 shares during the period. Amundi raised its holdings in Take-Two Interactive Software by 46.4% in the 3rd quarter. Amundi now owns 1,333,469 shares of the company’s stock valued at $342,675,000 after acquiring an additional 422,510 shares during the period. Finally, Voya Investment Management LLC lifted its position in Take-Two Interactive Software by 39.8% during the third quarter. Voya Investment Management LLC now owns 1,439,664 shares of the company’s stock worth $371,558,000 after acquiring an additional 410,097 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Ellen F. Siminoff sold 414 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $245.48, for a total transaction of $101,628.72. Following the completion of the sale, the director directly owned 2,429 shares in the company, valued at approximately $596,270.92. This represents a 14.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Michael Dornemann sold 1,390 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $213.09, for a total value of $296,195.10. Following the sale, the director directly owned 21,525 shares in the company, valued at approximately $4,586,762.25. This trade represents a 6.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 64,880 shares of company stock worth $13,908,337. 1.34% of the stock is currently owned by insiders.

Take-Two Interactive Software Stock Down 0.3%

NASDAQ TTWO opened at $208.58 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.71. The company has a market cap of $38.62 billion, a price-to-earnings ratio of -9.32, a PEG ratio of 8.54 and a beta of 0.94. The company has a 50 day moving average of $221.35 and a 200-day moving average of $238.93. Take-Two Interactive Software, Inc. has a 1-year low of $188.56 and a 1-year high of $264.79.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Wedbush reaffirmed an “outperform” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research report on Tuesday, March 3rd. Weiss Ratings reissued a “sell (d)” rating on shares of Take-Two Interactive Software in a report on Wednesday, January 21st. Zacks Research downgraded Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. B. Riley Financial assumed coverage on Take-Two Interactive Software in a research report on Wednesday, December 10th. They set a “buy” rating and a $300.00 price objective on the stock. Finally, UBS Group lifted their target price on Take-Two Interactive Software from $292.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $284.44.

Take-Two Interactive Software 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.