New York State Teachers Retirement System Sells 313 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

New York State Teachers Retirement System trimmed its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 136,655 shares of the company’s stock after selling 313 shares during the quarter. New York State Teachers Retirement System’s holdings in Take-Two Interactive Software were worth $25,155,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Swiss National Bank lifted its stake in shares of Take-Two Interactive Software by 2.7% during the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company’s stock worth $75,857,000 after acquiring an additional 13,200 shares during the last quarter. CIBC Asset Management Inc grew its holdings in shares of Take-Two Interactive Software by 9.1% in the third quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock worth $8,200,000 after purchasing an additional 4,456 shares during the last quarter. Fiduciary Alliance LLC purchased a new position in Take-Two Interactive Software in the 4th quarter worth about $734,000. Paloma Partners Management Co bought a new stake in Take-Two Interactive Software during the 3rd quarter valued at about $20,290,000. Finally, TriaGen Wealth Management LLC purchased a new stake in Take-Two Interactive Software in the 4th quarter valued at about $559,000. Institutional investors own 95.46% of the company’s stock.

Wall Street Analysts Forecast Growth

TTWO has been the subject of several research analyst reports. Stifel Nicolaus lifted their price target on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. 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 research report on Friday, February 7th. Robert W. Baird upped their target price on Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Citigroup raised their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Finally, Wedbush reiterated an “outperform” rating and set a $215.00 target price on shares of Take-Two Interactive Software in a report on Friday, February 7th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $208.47.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $208.76 on Friday. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $215.84. The company has a market cap of $36.66 billion, a PE ratio of -9.79, a P/E/G ratio of 5.68 and a beta of 0.89. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. The business has a 50-day simple moving average of $188.07 and a two-hundred day simple moving average of $170.69.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the firm’s stock in a transaction 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 completion of the transaction, the insider now owns 149,379 shares of the company’s stock, valued at approximately $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.45% of the stock is currently owned by insiders.

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.