Take-Two Interactive Software, Inc. $TTWO Stock Position Trimmed by Park National Corp OH

Park National Corp OH decreased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 36.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 98,490 shares of the company’s stock after selling 56,100 shares during the period. Park National Corp OH’s holdings in Take-Two Interactive Software were worth $25,216,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in TTWO. Pilgrim Partners Asia Pte Ltd acquired a new position in Take-Two Interactive Software during the 3rd quarter worth $26,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Take-Two Interactive Software in the 2nd quarter worth approximately $27,000. Pinnacle Bancorp Inc. bought a new position in shares of Take-Two Interactive Software in the third quarter valued at approximately $29,000. Meeder Asset Management Inc. increased its stake in shares of Take-Two Interactive Software by 216.3% during the third quarter. Meeder Asset Management Inc. now owns 136 shares of the company’s stock valued at $35,000 after acquiring an additional 93 shares during the period. Finally, Blue Trust Inc. raised its holdings in Take-Two Interactive Software by 42.9% during the third quarter. Blue Trust Inc. now owns 150 shares of the company’s stock worth $39,000 after purchasing an additional 45 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

TTWO opened at $201.75 on Friday. 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 stock has a 50-day moving average of $217.35 and a 200-day moving average of $238.10. The company has a market cap of $37.36 billion, a PE ratio of -9.01, a price-to-earnings-growth ratio of 8.36 and a beta of 0.94. Take-Two Interactive Software, Inc. has a 52-week low of $188.56 and a 52-week high of $264.79.

Insider Buying and Selling at Take-Two Interactive Software

In related news, CEO Strauss Zelnick sold 52,054 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $214.40, for a total transaction of $11,160,377.60. Following the completion of the sale, the chief executive officer owned 178,702 shares in the company, valued at $38,313,708.80. This represents a 22.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Daniel P. Emerson sold 1,698 shares of the company’s 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 transaction, the insider owned 125,001 shares of the company’s stock, valued at approximately $26,702,713.62. The trade was a 1.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 65,293 shares of company stock worth $13,994,803 in the last ninety days. 1.34% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

TTWO has been the subject of a number of research reports. Morgan Stanley increased their price target on Take-Two Interactive Software from $275.00 to $280.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. UBS Group boosted their price target on shares of Take-Two Interactive Software from $292.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. TD Cowen reissued a “buy” rating on shares of Take-Two Interactive Software in a report on Tuesday, November 25th. B. Riley Financial initiated 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 target on the stock. Finally, Raymond James Financial upgraded Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price objective on the stock in a report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Take-Two Interactive Software has an average rating of “Moderate Buy” and a consensus price target of $284.44.

About Take-Two Interactive Software

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.