Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,037,767 shares of the company’s stock after selling 8,276 shares during the quarter. Bank of New York Mellon Corp owned about 0.59% of Take-Two Interactive Software worth $191,032,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Blue Trust Inc. lifted its holdings in Take-Two Interactive Software by 109.6% during the 3rd quarter. Blue Trust Inc. now owns 503 shares of the company’s stock worth $78,000 after buying an additional 263 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Take-Two Interactive Software by 15,111.2% during the third quarter. International Assets Investment Management LLC now owns 73,166 shares of the company’s stock worth $11,246,000 after acquiring an additional 72,685 shares during the period. Allworth Financial LP raised its stake in shares of Take-Two Interactive Software by 18.3% in the third quarter. Allworth Financial LP now owns 933 shares of the company’s stock valued at $143,000 after acquiring an additional 144 shares in the last quarter. State of Alaska Department of Revenue boosted its holdings in Take-Two Interactive Software by 9.7% in the third quarter. State of Alaska Department of Revenue now owns 18,941 shares of the company’s stock valued at $2,911,000 after purchasing an additional 1,675 shares during the period. Finally, abrdn plc grew its stake in Take-Two Interactive Software by 16.4% during the 3rd quarter. abrdn plc now owns 55,847 shares of the company’s stock worth $8,514,000 after purchasing an additional 7,864 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Buying and Selling

In related news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $187.64, for a total value of $145,796.28. Following the transaction, the insider now owns 149,379 shares in the company, valued at $28,029,475.56. The trade was a 0.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.45% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on TTWO shares. Oppenheimer increased their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, January 21st. StockNews.com downgraded shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. Citigroup boosted their price target on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Raymond James restated an “outperform” rating and issued a $220.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, TD Cowen boosted their target price on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $210.55.

Take-Two Interactive Software Price Performance

TTWO stock opened at $208.21 on Friday. 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 company has a market capitalization of $36.75 billion, a P/E ratio of -9.76, a PEG ratio of 6.83 and a beta of 0.89. The business has a 50 day simple moving average of $192.66 and a 200-day simple moving average of $174.82. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $218.75.

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.