Orion Portfolio Solutions LLC Reduces Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Orion Portfolio Solutions LLC cut its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 5.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,036 shares of the company’s stock after selling 215 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Take-Two Interactive Software were worth $620,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Itau Unibanco Holding S.A. bought a new stake in shares of Take-Two Interactive Software in the 3rd quarter valued at approximately $27,000. Crewe Advisors LLC lifted its holdings in shares of Take-Two Interactive Software by 297.9% in the second quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after buying an additional 143 shares during the period. UMB Bank n.a. lifted its holdings in shares of Take-Two Interactive Software by 155.1% in the second quarter. UMB Bank n.a. now owns 199 shares of the company’s stock valued at $31,000 after buying an additional 121 shares during the period. Truvestments Capital LLC acquired a new stake in shares of Take-Two Interactive Software during the third quarter worth $31,000. Finally, Blue Trust Inc. raised its position in shares of Take-Two Interactive Software by 410.6% during the second quarter. Blue Trust Inc. now owns 240 shares of the company’s stock worth $36,000 after purchasing an additional 193 shares during the period. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Take-Two Interactive Software

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of the sale, the director now owns 9,692 shares in the company, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Daniel P. Emerson sold 777 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the sale, the insider now owns 149,379 shares of the company’s stock, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their position. The disclosure for this sale can be found here. 1.45% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

TTWO has been the topic of a number of recent analyst reports. Citigroup boosted their target price on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. The Goldman Sachs Group boosted their target price on Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Oppenheimer boosted their target price on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. StockNews.com raised Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $240.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. Three analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and an average price target of $196.00.

Take-Two Interactive Software Stock Performance

TTWO opened at $185.93 on Wednesday. The company has a market cap of $32.65 billion, a PE ratio of -8.79, a price-to-earnings-growth ratio of 5.76 and a beta of 0.89. The stock has a 50-day moving average of $174.46 and a 200-day moving average of $160.90. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $191.91. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85.

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.