Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 3.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 132,185 shares of the company's stock after selling 4,470 shares during the period. New York State Teachers Retirement System owned 0.07% of Take-Two Interactive Software worth $27,395,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of TTWO. Park Square Financial Group LLC purchased a new stake in shares of Take-Two Interactive Software in the 4th quarter worth $28,000. Assetmark Inc. lifted its stake in Take-Two Interactive Software by 155.9% in the fourth quarter. Assetmark Inc. now owns 174 shares of the company's stock worth $32,000 after acquiring an additional 106 shares during the period. Itau Unibanco Holding S.A. grew its holdings in Take-Two Interactive Software by 41.4% during the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company's stock worth $45,000 after acquiring an additional 72 shares in the last quarter. Global Financial Private Client LLC grew its holdings in Take-Two Interactive Software by 50.0% during the 1st quarter. Global Financial Private Client LLC now owns 237 shares of the company's stock worth $49,000 after acquiring an additional 79 shares in the last quarter. Finally, Mizuho Bank Ltd. purchased a new position in Take-Two Interactive Software during the 4th quarter valued at about $53,000. Institutional investors own 95.46% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on TTWO shares. Wall Street Zen downgraded shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Wednesday, May 21st. Raymond James Financial reaffirmed an "outperform" rating and set a $250.00 target price (up previously from $240.00) on shares of Take-Two Interactive Software in a research report on Friday, May 16th. DA Davidson lifted their price target on Take-Two Interactive Software from $250.00 to $270.00 and gave the company a "buy" rating in a report on Friday, May 16th. BMO Capital Markets restated an "outperform" rating and set a $236.00 price objective (down from $240.00) on shares of Take-Two Interactive Software in a research note on Monday, May 5th. Finally, Wedbush reaffirmed an "outperform" rating and set a $269.00 price objective (up previously from $253.00) on shares of Take-Two Interactive Software in a research report on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $228.10.

Insider Activity

In related news, insider Daniel P. Emerson sold 27,056 shares of Take-Two Interactive Software stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $225.22, for a total transaction of $6,093,552.32. Following the completion of the sale, the insider owned 152,271 shares of the company's stock, valued at $34,294,474.62. The trade was a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Strauss Zelnick sold 216,661 shares of the stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $225.75, for a total transaction of $48,911,220.75. Following the completion of the transaction, the chief executive officer owned 1,206,427 shares in the company, valued at approximately $272,350,895.25. This trade represents a 15.22% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 460,378 shares of company stock valued at $103,915,994. Company insiders own 1.45% of the company's stock.

Take-Two Interactive Software Stock Performance

Take-Two Interactive Software stock traded down $0.59 during mid-day trading on Wednesday, reaching $239.51. 1,638,776 shares of the company traded hands, compared to its average volume of 1,784,751. The firm's fifty day moving average is $231.24 and its two-hundred day moving average is $210.11. The company has a market capitalization of $42.50 billion, a price-to-earnings ratio of -9.43, a price-to-earnings-growth ratio of 6.32 and a beta of 1.03. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $245.08. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.78 and a quick ratio of 0.78.

About 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.