Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC decreased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 6.7% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 42,871 shares of the company's stock after selling 3,076 shares during the period. Mutual of America Capital Management LLC's holdings in Take-Two Interactive Software were worth $8,885,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Park Square Financial Group LLC purchased a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at $28,000. Assetmark Inc. lifted its position in shares of Take-Two Interactive Software by 155.9% in the fourth quarter. Assetmark Inc. now owns 174 shares of the company's stock valued at $32,000 after acquiring an additional 106 shares in the last quarter. North Capital Inc. purchased a new stake in shares of Take-Two Interactive Software in the first quarter valued at $35,000. Itau Unibanco Holding S.A. lifted its position in shares of Take-Two Interactive Software by 41.4% in the fourth 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 in the last quarter. Finally, Global Financial Private Client LLC lifted its position in shares of Take-Two Interactive Software by 50.0% in the first 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 in the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ:TTWO opened at $233.92 on Monday. The firm has a market capitalization of $41.50 billion, a PE ratio of -9.21, a P/E/G ratio of 6.09 and a beta of 1.03. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.78 and a quick ratio of 0.78. The business has a 50-day moving average of $233.44 and a two-hundred day moving average of $213.37. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $245.08.

Insiders Place Their Bets

In other news, President Karl Slatoff sold 216,661 shares of the stock in a transaction dated Friday, May 30th. The stock was 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 in the company, valued at approximately $272,350,895.25. This trade represents a 15.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Strauss Zelnick sold 216,661 shares of the 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 chief executive officer owned 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 position. The disclosure for this sale can be found here. Insiders sold 460,378 shares of company stock worth $103,915,994 over the last three months. 1.45% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. DA Davidson upped their price objective on 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. Wedbush upgraded Take-Two Interactive Software to a "strong-buy" rating in a research report on Tuesday, July 1st. Wall Street Zen downgraded Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Wednesday, May 21st. UBS Group upped their price objective on 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. Finally, Raymond James Financial reiterated 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. One research analyst has rated the stock with a sell rating, one has issued a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $230.25.

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.

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