Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Keybank National Association OH

Keybank National Association OH lessened its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 29.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,918 shares of the company's stock after selling 2,921 shares during the quarter. Keybank National Association OH's holdings in Take-Two Interactive Software were worth $1,434,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in TTWO. Fisher Asset Management LLC acquired a new position in shares of Take-Two Interactive Software during the fourth quarter worth $259,000. Smartleaf Asset Management LLC grew its stake in shares of Take-Two Interactive Software by 34.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 572 shares of the company's stock worth $106,000 after purchasing an additional 147 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of Take-Two Interactive Software by 428.2% during the fourth quarter. Jones Financial Companies Lllp now owns 1,780 shares of the company's stock worth $328,000 after purchasing an additional 1,443 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Take-Two Interactive Software by 3.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 12,188 shares of the company's stock worth $2,244,000 after purchasing an additional 355 shares in the last quarter. Finally, Assetmark Inc. grew its stake in shares of Take-Two Interactive Software by 155.9% during the fourth quarter. Assetmark Inc. now owns 174 shares of the company's stock worth $32,000 after purchasing an additional 106 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Stock Up 0.5%

Shares of NASDAQ:TTWO traded up $1.27 during midday trading on Friday, hitting $240.78. 1,008,273 shares of the company's stock traded hands, compared to its average volume of 1,789,656. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.78 and a current ratio of 0.78. The company has a market cap of $42.72 billion, a PE ratio of -9.48, a P/E/G ratio of 6.25 and a beta of 1.03. The firm's fifty day moving average price is $232.44 and its two-hundred day moving average price is $211.26. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $245.08.

Insider Buying and Selling

In other news, President Karl Slatoff sold 216,661 shares of the business's stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $225.75, for a total value of $48,911,220.75. Following the completion of the sale, the president owned 1,206,427 shares of the company's stock, valued at approximately $272,350,895.25. The trade was a 15.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Daniel P. Emerson sold 27,056 shares of the business's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $225.22, for a total transaction of $6,093,552.32. Following the sale, the insider directly owned 152,271 shares of the company's stock, valued at approximately $34,294,474.62. This represents a 15.09% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 460,378 shares of company stock valued at $103,915,994 in the last quarter. Company insiders own 1.45% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their price target on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the company an "overweight" rating in a research report on Friday, May 16th. Raymond James Financial restated an "outperform" rating and set a $250.00 target price (up from $240.00) on shares of Take-Two Interactive Software in a research report on Friday, May 16th. DA Davidson upped their target price on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Benchmark increased their price target on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the company a "buy" rating in a research report on Friday, May 16th. Finally, BMO Capital Markets restated an "outperform" rating and set a $236.00 target price (down previously from $240.00) on shares of Take-Two Interactive Software in a research report on Monday, May 5th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $228.10.

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.