Thompson Investment Management Inc. Sells 27,091 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Thompson Investment Management Inc. lessened its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 97.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 659 shares of the company's stock after selling 27,091 shares during the period. Thompson Investment Management Inc.'s holdings in Take-Two Interactive Software were worth $137,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Wealthfront Advisers LLC lifted its stake in shares of Take-Two Interactive Software by 1,630,798.7% in the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock valued at $26,223,853,000 after buying an additional 142,450,266 shares during the period. Vanguard Group Inc. lifted its stake in shares of Take-Two Interactive Software by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company's stock valued at $3,563,690,000 after buying an additional 99,909 shares during the period. Capital International Investors lifted its stake in shares of Take-Two Interactive Software by 9.5% in the fourth quarter. Capital International Investors now owns 4,883,746 shares of the company's stock valued at $899,036,000 after buying an additional 424,893 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Take-Two Interactive Software by 0.3% in the fourth quarter. Ameriprise Financial Inc. now owns 4,770,044 shares of the company's stock valued at $878,567,000 after buying an additional 13,555 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Take-Two Interactive Software by 6.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,527,759 shares of the company's stock valued at $833,470,000 after buying an additional 287,194 shares during the period. Institutional investors own 95.46% of the company's stock.

Insiders Place Their Bets

In other news, President Karl Slatoff sold 216,661 shares of the business'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 transaction, the president now owns 1,206,427 shares of the company's stock, valued at $272,350,895.25. The trade was a 15.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Daniel P. Emerson sold 27,056 shares of the business's 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 transaction, the insider now directly owns 152,271 shares of the company's stock, valued at $34,294,474.62. This trade represents a 15.09% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 460,378 shares of company stock valued at $103,915,994. Company insiders own 1.45% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. BMO Capital Markets restated an "outperform" rating and set a $236.00 price target (down previously from $240.00) on shares of Take-Two Interactive Software in a research note on Monday, May 5th. Ascendiant Capital Markets raised their price target on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a research note on Monday, March 3rd. Wall Street Zen cut shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Wednesday, May 21st. Benchmark raised their price target on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Finally, DA Davidson raised their price objective on shares of Take-Two Interactive Software from $250.00 to $270.00 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 issued a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Take-Two Interactive Software presently has an average rating of "Moderate Buy" and an average target price of $228.10.

Take-Two Interactive Software Trading Down 1.8%

TTWO stock traded down $4.23 during trading on Friday, hitting $230.23. The company had a trading volume of 2,011,196 shares, compared to its average volume of 1,744,950. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The firm has a 50-day moving average price of $223.78 and a 200-day moving average price of $205.77. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $240.78. The stock has a market cap of $40.85 billion, a price-to-earnings ratio of -10.79, a PEG ratio of 6.83 and a beta of 1.03.

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.