Cwm LLC Sells 17,658 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Cwm LLC lessened its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 82.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,778 shares of the company's stock after selling 17,658 shares during the quarter. Cwm LLC's holdings in Take-Two Interactive Software were worth $783,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Park Square Financial Group LLC purchased a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at $28,000. North Capital Inc. purchased a new stake in shares of Take-Two Interactive Software in the 1st quarter valued at $35,000. Itau Unibanco Holding S.A. boosted its holdings in shares of Take-Two Interactive Software by 41.4% in the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company's stock valued at $45,000 after acquiring an additional 72 shares during the last quarter. Global Financial Private Client LLC boosted its holdings in shares of Take-Two Interactive Software by 50.0% in the 1st quarter. Global Financial Private Client LLC now owns 237 shares of the company's stock valued at $49,000 after acquiring an additional 79 shares during the last quarter. Finally, Mizuho Bank Ltd. purchased a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at $53,000. 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 stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $237.80, for a total transaction of $98,449.20. Following the sale, the director owned 3,290 shares in the company, valued at approximately $782,362. This represents a 11.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Daniel P. Emerson sold 27,056 shares of the company's stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $225.22, for a total value of $6,093,552.32. Following the transaction, the insider directly owned 152,271 shares in the company, valued at $34,294,474.62. This trade represents a 15.09% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 460,792 shares of company stock valued at $104,014,443. Company insiders own 1.45% of the company's stock.

Take-Two Interactive Software Trading Down 0.2%

Shares of NASDAQ TTWO opened at $231.07 on Wednesday. The stock has a market cap of $41.00 billion, a price-to-earnings ratio of -9.10, a PEG ratio of 6.03 and a beta of 1.03. The business has a 50 day simple moving average of $234.34 and a 200 day simple moving average of $215.17. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $245.08. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.78 and a current ratio of 0.78.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TTWO. Robert W. Baird upped their price objective on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Morgan Stanley increased their target price on shares of Take-Two Interactive Software from $210.00 to $265.00 and gave the company an "overweight" rating in a research report on Monday, May 19th. BMO Capital Markets reiterated an "outperform" rating and issued a $236.00 target price (down from $240.00) on shares of Take-Two Interactive Software in a research report on Monday, May 5th. DA Davidson increased their target price on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the company a "buy" rating in a research report on Friday, May 16th. Finally, UBS Group increased their target price on shares of Take-Two Interactive Software from $230.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, May 16th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and an average price target of $230.25.

Take-Two Interactive Software Profile

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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