Take-Two Interactive Software, Inc. $TTWO Shares Sold by Tredje AP fonden

Tredje AP fonden decreased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 198,054 shares of the company’s stock after selling 6,182 shares during the period. Tredje AP fonden’s holdings in Take-Two Interactive Software were worth $50,708,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at $26,000. GHP Investment Advisors Inc. acquired a new position in shares of Take-Two Interactive Software in the 4th quarter valued at $28,000. Rachor Investment Advisory Services LLC acquired a new position in shares of Take-Two Interactive Software in the 4th quarter valued at $34,000. True Wealth Design LLC boosted its holdings in shares of Take-Two Interactive Software by 91.9% in the 4th quarter. True Wealth Design LLC now owns 142 shares of the company’s stock valued at $36,000 after buying an additional 68 shares in the last quarter. Finally, Root Financial Partners LLC acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at $40,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Buying and Selling

In other news, insider Daniel P. Emerson sold 810 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $213.47, for a total value of $172,910.70. Following the completion of the sale, the insider owned 124,191 shares in the company, valued at approximately $26,511,052.77. This trade represents a 0.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael Sheresky sold 155 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $194.73, for a total transaction of $30,183.15. Following the completion of the sale, the director owned 65,626 shares of the company’s stock, valued at $12,779,350.98. This trade represents a 0.24% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 65,292 shares of company stock worth $13,978,938. 1.34% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in 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. 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. Raymond James Financial upgraded shares of Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price target for the company in a research note on Tuesday, February 10th. UBS Group increased 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 note on Wednesday, January 28th. Finally, Benchmark reiterated a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $287.93.

Take-Two Interactive Software Stock Down 0.1%

TTWO stock opened at $242.16 on Tuesday. Take-Two Interactive Software, Inc. has a one year low of $187.63 and a one year high of $264.79. The stock has a market capitalization of $44.84 billion, a PE ratio of -10.82, a price-to-earnings-growth ratio of 3.62 and a beta of 0.97. 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 company has a fifty day moving average of $210.04 and a 200-day moving average of $226.20.

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.