Anderson Hoagland & Co. Sells 8,582 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Anderson Hoagland & Co. decreased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 37.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,144 shares of the company's stock after selling 8,582 shares during the quarter. Anderson Hoagland & Co.'s holdings in Take-Two Interactive Software were worth $2,776,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of TTWO. Janney Montgomery Scott LLC raised its position in Take-Two Interactive Software by 7.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 11,379 shares of the company's stock worth $2,095,000 after acquiring an additional 811 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in Take-Two Interactive Software by 58.0% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 30,255 shares of the company's stock valued at $5,569,000 after acquiring an additional 11,110 shares in the last quarter. OLD National Bancorp IN acquired a new stake in Take-Two Interactive Software in the fourth quarter valued at approximately $214,000. Caprock Group LLC lifted its position in shares of Take-Two Interactive Software by 17.5% during the 4th quarter. Caprock Group LLC now owns 3,201 shares of the company's stock worth $589,000 after buying an additional 477 shares during the last quarter. Finally, China Universal Asset Management Co. Ltd. increased its holdings in shares of Take-Two Interactive Software by 28.6% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 2,858 shares of the company's stock valued at $526,000 after acquiring an additional 635 shares during the period. Hedge funds and other institutional investors own 95.46% of the company's stock.

Analyst Ratings Changes

Several research firms recently commented on TTWO. Wedbush reiterated an "outperform" rating and issued a $269.00 price objective (up from $253.00) 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 company a "buy" rating in a report on Friday, May 16th. Wall Street Zen lowered shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. JPMorgan Chase & Co. increased their price objective on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the stock an "overweight" rating in a report on Friday, May 16th. Finally, Benchmark increased their price objective on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the stock a "buy" rating in a report on Friday, May 16th. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $228.10.

Insiders Place Their Bets

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 27,056 shares of Take-Two Interactive Software stock in a transaction on 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 transaction, the insider now directly owns 152,271 shares of the company's stock, valued at approximately $34,294,474.62. This trade represents a 15.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Strauss Zelnick sold 216,661 shares of the firm's stock in a transaction on 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 chief executive officer now owns 1,206,427 shares of the company's stock, valued at approximately $272,350,895.25. This trade represents a 15.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 460,378 shares of company stock valued at $103,915,994 over the last 90 days. 1.45% of the stock is currently owned by company insiders.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO traded up $3.39 during mid-day trading on Thursday, reaching $232.57. 1,220,573 shares of the stock were exchanged, compared to its average volume of 2,070,685. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $240.78. The business has a fifty day moving average price of $219.67 and a 200 day moving average price of $203.37. The firm has a market capitalization of $41.26 billion, a PE ratio of -10.90, a PEG ratio of 6.83 and a beta of 1.08.

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.