Teacher Retirement System of Texas Boosts Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Teacher Retirement System of Texas grew its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 1,464.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,673 shares of the company's stock after buying an additional 24,032 shares during the quarter. Teacher Retirement System of Texas' holdings in Take-Two Interactive Software were worth $5,321,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Davis R M Inc. grew its holdings in shares of Take-Two Interactive Software by 4.9% during the fourth quarter. Davis R M Inc. now owns 229,426 shares of the company's stock valued at $42,233,000 after buying an additional 10,701 shares during the last quarter. Clarius Group LLC purchased a new stake in shares of Take-Two Interactive Software during the first quarter valued at approximately $404,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Take-Two Interactive Software during the fourth quarter valued at approximately $1,442,000. Mackenzie Financial Corp boosted its holdings in Take-Two Interactive Software by 13.2% in the fourth quarter. Mackenzie Financial Corp now owns 15,698 shares of the company's stock worth $2,890,000 after purchasing an additional 1,833 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in Take-Two Interactive Software by 8.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 15,810 shares of the company's stock worth $2,910,000 after purchasing an additional 1,231 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Stock Up 0.5%

Shares of TTWO stock opened at $240.78 on Monday. The company has a market capitalization of $42.72 billion, a price-to-earnings ratio of -9.48, a PEG ratio of 6.25 and a beta of 1.03. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $245.08. The company's fifty day moving average price is $232.44 and its 200-day moving average price is $211.47. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.78 and a quick ratio of 0.78.

Wall Street Analyst Weigh In

TTWO has been the topic of several research reports. JPMorgan Chase & Co. raised their target price 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. Wall Street Zen cut shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. Wedbush upgraded shares of Take-Two Interactive Software to a "strong-buy" rating in a report on Tuesday, July 1st. UBS Group raised their target price on shares of Take-Two Interactive Software from $230.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Finally, Raymond James Financial restated an "outperform" rating and issued a $250.00 target price (up previously from $240.00) on shares of Take-Two Interactive Software in a report on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and an average target price of $228.10.

Insider Activity

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 216,661 shares of Take-Two Interactive Software 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 sale, the chief executive officer directly owned 1,206,427 shares in the company, valued at approximately $272,350,895.25. The trade was a 15.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Daniel P. Emerson sold 27,056 shares of Take-Two Interactive Software stock in a transaction on 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 completion of the sale, the insider owned 152,271 shares in the company, valued at approximately $34,294,474.62. This represents a 15.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 460,378 shares of company stock worth $103,915,994 in the last three months. Company insiders own 1.45% of the company's stock.

Take-Two Interactive Software Company 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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