ING Groep NV Has $405,000 Stock Holdings in Take-Two Interactive Software, Inc. $TTWO

ING Groep NV reduced its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 94.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,569 shares of the company’s stock after selling 29,072 shares during the period. ING Groep NV’s holdings in Take-Two Interactive Software were worth $405,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of TTWO. Pilgrim Partners Asia Pte Ltd acquired a new position in Take-Two Interactive Software in the 3rd quarter valued at about $26,000. Blue Trust Inc. grew its position in shares of Take-Two Interactive Software by 101.9% in the second quarter. Blue Trust Inc. now owns 105 shares of the company’s stock valued at $26,000 after purchasing an additional 53 shares during the last quarter. Pinnacle Bancorp Inc. bought a new position in shares of Take-Two Interactive Software during the third quarter worth approximately $29,000. Twin Peaks Wealth Advisors LLC acquired a new stake in Take-Two Interactive Software during the 2nd quarter worth approximately $27,000. Finally, Meeder Asset Management Inc. boosted its stake in Take-Two Interactive Software by 216.3% in the 3rd quarter. Meeder Asset Management Inc. now owns 136 shares of the company’s stock valued at $35,000 after purchasing an additional 93 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

TTWO has been the topic of several recent research reports. Morgan Stanley increased their price objective on Take-Two Interactive Software from $275.00 to $280.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 13th. DA Davidson reiterated a “buy” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, February 4th. Wall Street Zen lowered shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research report on Sunday, November 2nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Take-Two Interactive Software in a research report on Wednesday, January 21st. Finally, Zacks Research cut Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $283.94.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock opened at $193.67 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 $35.86 billion, a PE ratio of -8.65, a price-to-earnings-growth ratio of 10.34 and a beta of 0.92. The company has a 50 day moving average of $238.17 and a 200-day moving average of $241.81. Take-Two Interactive Software, Inc. has a 1-year low of $188.56 and a 1-year high of $264.79.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Ellen F. Siminoff sold 414 shares of the business’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 transaction, the director owned 2,429 shares of the company’s stock, valued at approximately $596,270.92. The trade was a 14.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael Sheresky sold 182 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $235.11, for a total value of $42,790.02. Following the sale, the director owned 65,781 shares of the company’s stock, valued at approximately $15,465,770.91. This represents a 0.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.34% of the company’s stock.

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.