Take-Two Interactive Software, Inc. $TTWO Shares Sold by TD Asset Management Inc

TD Asset Management Inc lessened its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 5.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 444,460 shares of the company’s stock after selling 26,457 shares during the quarter. TD Asset Management Inc owned 0.24% of Take-Two Interactive Software worth $114,831,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Mufg Securities Americas Inc. lifted its position in shares of Take-Two Interactive Software by 24.6% during the 3rd quarter. Mufg Securities Americas Inc. now owns 4,677 shares of the company’s stock valued at $1,208,000 after acquiring an additional 922 shares during the period. Compound Planning Inc. increased its stake in Take-Two Interactive Software by 4.2% in the 3rd quarter. Compound Planning Inc. now owns 3,187 shares of the company’s stock valued at $823,000 after purchasing an additional 129 shares in the last quarter. Legacy Financial Advisors Inc. purchased a new position in Take-Two Interactive Software in the 3rd quarter valued at approximately $214,000. Private Advisory Group LLC raised its holdings in Take-Two Interactive Software by 27.9% during the third quarter. Private Advisory Group LLC now owns 15,146 shares of the company’s stock worth $3,913,000 after purchasing an additional 3,302 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. acquired a new position in Take-Two Interactive Software during the third quarter worth $888,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Insider Transactions at Take-Two Interactive Software

In other news, Director Ellen F. Siminoff sold 414 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $245.48, for a total value of $101,628.72. Following the completion of the transaction, the director owned 2,429 shares of the company’s stock, valued at $596,270.92. The trade was a 14.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Michael Sheresky sold 155 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $194.73, for a total transaction of $30,183.15. Following the transaction, the director directly owned 65,626 shares in the company, valued at $12,779,350.98. The trade was a 0.24% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 982 shares of company stock worth $214,412. 1.34% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have weighed in on TTWO shares. Arete Research raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 target price on the stock in a report on Monday, December 1st. B. Riley Financial started coverage on shares of Take-Two Interactive Software in a research report on Wednesday, December 10th. They issued a “buy” rating and a $300.00 price objective on the stock. Zacks Research cut shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. Morgan Stanley raised their target price on shares of Take-Two Interactive Software from $275.00 to $280.00 and gave the company an “overweight” rating in a report on Tuesday, January 13th. Finally, TD Cowen restated a “buy” rating on shares of Take-Two Interactive Software in a research report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and a consensus target price of $283.94.

Take-Two Interactive Software Stock Up 1.5%

Shares of NASDAQ:TTWO opened at $207.31 on Thursday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $38.39 billion, a P/E ratio of -9.26, a P/E/G ratio of 8.36 and a beta of 0.92. Take-Two Interactive Software, Inc. has a 52-week low of $188.56 and a 52-week high of $264.79. The stock’s fifty day simple moving average is $230.96 and its 200-day simple moving average is $240.45.

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.