Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Gulf International Bank UK Ltd

Gulf International Bank UK Ltd trimmed its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,365 shares of the company’s stock after selling 82 shares during the period. Gulf International Bank UK Ltd’s holdings in Take-Two Interactive Software were worth $2,276,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. New York Life Investment Management LLC increased its holdings in shares of Take-Two Interactive Software by 1.5% during the fourth quarter. New York Life Investment Management LLC now owns 24,413 shares of the company’s stock valued at $4,494,000 after purchasing an additional 370 shares during the period. Checchi Capital Advisers LLC acquired a new position in shares of Take-Two Interactive Software during the fourth quarter valued at $227,000. Lake Street Advisors Group LLC acquired a new position in shares of Take-Two Interactive Software during the fourth quarter valued at $221,000. Illinois Municipal Retirement Fund increased its holdings in shares of Take-Two Interactive Software by 59.2% during the fourth quarter. Illinois Municipal Retirement Fund now owns 5,988 shares of the company’s stock valued at $1,102,000 after purchasing an additional 2,226 shares during the period. Finally, Wealthspire Advisors LLC acquired a new position in shares of Take-Two Interactive Software during the fourth quarter valued at $261,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

TTWO has been the topic of a number of research analyst reports. StockNews.com lowered Take-Two Interactive Software from a “hold” rating to a “sell” rating in a report on Monday, February 10th. Stifel Nicolaus lifted their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a report on Tuesday, January 21st. Wedbush reaffirmed an “outperform” rating and set a $215.00 target price on shares of Take-Two Interactive Software in a report on Friday, February 7th. 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 report on Thursday, December 5th. Finally, Benchmark reaffirmed a “buy” rating and set a $225.00 target price (up from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $210.55.

Take-Two Interactive Software Trading Up 1.8 %

Shares of NASDAQ TTWO opened at $211.98 on Friday. 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 market capitalization of $37.41 billion, a PE ratio of -9.94, a PEG ratio of 6.83 and a beta of 0.89. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The business has a 50-day moving average price of $193.26 and a two-hundred day moving average price of $175.27.

Insiders Place Their Bets

In other Take-Two Interactive Software 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 sale, the insider now directly owns 149,379 shares in the company, valued at approximately $28,029,475.56. This trade represents a 0.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate 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.