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

New York State Common Retirement Fund lowered its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 5.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 92,782 shares of the company's stock after selling 4,900 shares during the quarter. New York State Common Retirement Fund owned about 0.05% of Take-Two Interactive Software worth $17,079,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CIBC Asset Management Inc lifted its stake in Take-Two Interactive Software by 2.7% during the 4th quarter. CIBC Asset Management Inc now owns 54,794 shares of the company's stock worth $10,086,000 after acquiring an additional 1,449 shares in the last quarter. Catalyst Capital Advisors LLC grew its holdings in shares of Take-Two Interactive Software by 76.2% in the fourth quarter. Catalyst Capital Advisors LLC now owns 495 shares of the company's stock valued at $91,000 after purchasing an additional 214 shares in the last quarter. State of New Jersey Common Pension Fund D increased its stake in Take-Two Interactive Software by 3.8% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 61,966 shares of the company's stock worth $11,407,000 after buying an additional 2,244 shares during the period. Secured Retirement Advisors LLC boosted its position in Take-Two Interactive Software by 2.6% in the 4th quarter. Secured Retirement Advisors LLC now owns 7,866 shares of the company's stock valued at $1,448,000 after buying an additional 203 shares during the period. Finally, Allworth Financial LP grew its stake in shares of Take-Two Interactive Software by 10.9% in the fourth quarter. Allworth Financial LP now owns 1,035 shares of the company's stock worth $195,000 after acquiring an additional 102 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Insider Transactions at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 777 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the transaction, the insider now directly owns 149,379 shares of the company's stock, valued at approximately $28,029,475.56. This represents a 0.52 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.45% of the company's stock.

Wall Street Analyst Weigh In

TTWO has been the subject of a number of recent research reports. Moffett Nathanson lifted their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a report on Friday, February 7th. TD Cowen boosted their price target on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a "buy" rating in a report on Friday, November 22nd. Citigroup lifted their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a report on Wednesday, December 11th. Roth Mkm increased their price target on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. Finally, The Goldman Sachs Group boosted their price objective on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $210.55.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO traded up $1.17 during mid-day trading on Wednesday, hitting $209.08. 467,501 shares of the company were exchanged, compared to its average volume of 1,766,955. The stock has a 50 day simple moving average of $191.58 and a 200-day simple moving average of $174.34. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $218.75. 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 market cap of $36.90 billion, a price-to-earnings ratio of -9.80, a price-to-earnings-growth ratio of 6.83 and a beta of 0.89.

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.