Intech Investment Management LLC trimmed its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 18.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 30,517 shares of the company's stock after selling 6,705 shares during the period. Intech Investment Management LLC's holdings in Take-Two Interactive Software were worth $4,691,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of TTWO. Ninety One UK Ltd raised its stake in Take-Two Interactive Software by 473.2% during the second quarter. Ninety One UK Ltd now owns 1,269,428 shares of the company's stock worth $197,383,000 after acquiring an additional 1,047,979 shares during the period. Point72 Asset Management L.P. grew its holdings in shares of Take-Two Interactive Software by 3,786.4% during the second quarter. Point72 Asset Management L.P. now owns 826,048 shares of the company's stock valued at $128,442,000 after purchasing an additional 804,793 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Take-Two Interactive Software by 17.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company's stock worth $694,173,000 after purchasing an additional 666,198 shares during the period. 1832 Asset Management L.P. lifted its holdings in shares of Take-Two Interactive Software by 49.9% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,619,380 shares of the company's stock worth $251,797,000 after purchasing an additional 538,906 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its position in Take-Two Interactive Software by 1,780.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company's stock valued at $70,807,000 after purchasing an additional 436,150 shares during the period. 95.46% of the stock is currently owned by institutional investors.
In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the company's stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of the sale, the director now directly owns 9,692 shares of the company's stock, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.45% of the company's stock.
Take-Two Interactive Software stock opened at $188.15 on Friday. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $188.45. The firm's 50 day moving average price is $162.18 and its two-hundred day moving average price is $156.42. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85.
Several equities research analysts have weighed in on TTWO shares. Stifel Nicolaus increased their target price on Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a "buy" rating in a research report on Thursday, September 5th. JPMorgan Chase & Co. dropped their price objective on shares of Take-Two Interactive Software from $200.00 to $195.00 and set an "overweight" rating on the stock in a report on Tuesday, October 22nd. HSBC raised shares of Take-Two Interactive Software from a "hold" rating to a "buy" rating and set a $179.00 target price for the company in a research note on Monday, August 12th. Roth Mkm raised their price target on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a "buy" rating in a research note on Tuesday. Finally, Redburn Atlantic began coverage on Take-Two Interactive Software in a report on Thursday, August 29th. They set a "buy" rating and a $194.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and a consensus target price of $191.75.
Get Our Latest Stock Analysis on Take-Two Interactive Software
Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.
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