Fjarde AP Fonden Fourth Swedish National Pension Fund Lowers Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 14.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 29,269 shares of the company’s stock after selling 5,100 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Take-Two Interactive Software were worth $5,388,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Itau Unibanco Holding S.A. acquired a new position in shares of Take-Two Interactive Software in the third quarter worth $27,000. Truvestments Capital LLC acquired a new position in Take-Two Interactive Software during the 3rd quarter worth $31,000. Versant Capital Management Inc increased its holdings in Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after purchasing an additional 87 shares during the period. Catalyst Capital Advisors LLC raised its position in Take-Two Interactive Software by 69.3% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock valued at $43,000 after purchasing an additional 115 shares in the last quarter. Finally, AM Squared Ltd purchased a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at about $46,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TTWO has been the subject of a number of recent analyst reports. Roth Mkm lifted their price target on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. BMO Capital Markets restated an “outperform” rating and set a $240.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. JPMorgan Chase & Co. raised their price objective 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. The Goldman Sachs Group boosted their target price on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Finally, Citigroup upped their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $210.55.

Take-Two Interactive Software Stock Down 1.9 %

Shares of NASDAQ TTWO opened at $207.91 on Wednesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a market cap of $36.70 billion, a PE ratio of -9.75, a PEG ratio of 6.83 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $218.75. The business has a fifty day moving average of $191.58 and a two-hundred day moving average of $174.34.

Insiders Place Their Bets

In other news, insider Daniel P. Emerson sold 777 shares of the firm’s stock in a transaction on 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 directly owns 149,379 shares in the company, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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.