Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Position Trimmed by Howard Bailey Securities LLC

Howard Bailey Securities LLC decreased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,504 shares of the company’s stock after selling 61 shares during the quarter. Howard Bailey Securities LLC’s holdings in Take-Two Interactive Software were worth $277,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of TTWO. State Street Corp boosted its stake in shares of Take-Two Interactive Software by 8.8% during the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after acquiring an additional 880,816 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Take-Two Interactive Software by 13.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock valued at $828,994,000 after purchasing an additional 648,982 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Take-Two Interactive Software by 10.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock valued at $651,817,000 after purchasing an additional 417,325 shares during the period. Geode Capital Management LLC increased its stake in Take-Two Interactive Software by 3.5% in the 3rd quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after purchasing an additional 134,767 shares in the last quarter. Finally, Ninety One UK Ltd raised its holdings in Take-Two Interactive Software by 1.4% during the 4th quarter. Ninety One UK Ltd now owns 1,522,111 shares of the company’s stock worth $280,190,000 after buying an additional 21,470 shares during the period. Institutional investors own 95.46% of the company’s stock.

Insider Buying and Selling

In related 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 sale, the insider now owns 149,379 shares in the company, valued at $28,029,475.56. This represents a 0.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.45% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several brokerages recently commented on TTWO. JPMorgan Chase & Co. upped their price target on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Stifel Nicolaus upped their price target on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research report on Tuesday, January 21st. BMO Capital Markets restated an “outperform” rating and set a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. 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 research note on Friday, February 7th. Finally, Oppenheimer increased their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, one has given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $208.47.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $209.18 on Thursday. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $215.84. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The business’s 50 day moving average is $187.29 and its two-hundred day moving average is $169.86.

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.