Fjarde AP Fonden Fourth Swedish National Pension Fund Has $5.39 Million Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Fjarde AP Fonden Fourth Swedish National Pension Fund cut its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 14.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 29,269 shares of the company’s stock after selling 5,100 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Take-Two Interactive Software were worth $5,388,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of TTWO. First Horizon Advisors Inc. raised its stake in shares of Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock worth $51,000 after purchasing an additional 54 shares in the last quarter. Fifth Third Bancorp lifted its stake in Take-Two Interactive Software by 0.3% in the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock valued at $3,157,000 after acquiring an additional 57 shares during the last quarter. Principal Securities Inc. grew its position in shares of Take-Two Interactive Software by 6.0% in the 4th quarter. Principal Securities Inc. now owns 1,024 shares of the company’s stock valued at $189,000 after acquiring an additional 58 shares during the period. Y.D. More Investments Ltd increased its stake in shares of Take-Two Interactive Software by 2.0% during the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company’s stock worth $563,000 after purchasing an additional 61 shares during the last quarter. Finally, Huntington National Bank increased its stake in shares of Take-Two Interactive Software by 9.3% during the 3rd quarter. Huntington National Bank now owns 896 shares of the company’s stock worth $138,000 after purchasing an additional 76 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on TTWO. Moffett Nathanson lifted their price target on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Wedbush reaffirmed an “outperform” rating and set a $215.00 price target on shares of Take-Two Interactive Software in a report on Friday, February 7th. Citigroup upped their price objective on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. UBS Group raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $175.00 to $230.00 in a report on Monday, January 27th. Finally, Oppenheimer increased their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $210.55.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO opened at $207.91 on Wednesday. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $218.75. The firm has a 50 day simple moving average of $191.58 and a 200 day simple moving average of $174.34. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The company has a market cap of $36.70 billion, a price-to-earnings ratio of -9.75, a PEG ratio of 6.83 and a beta of 0.89.

Insider Activity

In other news, insider Daniel P. Emerson sold 777 shares of the firm’s stock in a transaction dated 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 in the company, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.45% of the company’s stock.

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.