Gulf International Bank UK Ltd Decreases Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

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

A number of other institutional investors have also modified their holdings of TTWO. New York Life Investment Management LLC boosted its holdings in Take-Two Interactive Software by 1.5% in the 4th quarter. New York Life Investment Management LLC now owns 24,413 shares of the company’s stock worth $4,494,000 after acquiring an additional 370 shares during the period. Checchi Capital Advisers LLC purchased a new position in Take-Two Interactive Software in the 4th quarter worth approximately $227,000. Lake Street Advisors Group LLC purchased a new position in Take-Two Interactive Software in the 4th quarter worth approximately $221,000. Illinois Municipal Retirement Fund boosted its holdings in Take-Two Interactive Software by 59.2% in the 4th quarter. Illinois Municipal Retirement Fund now owns 5,988 shares of the company’s stock worth $1,102,000 after acquiring an additional 2,226 shares during the period. Finally, Wealthspire Advisors LLC purchased a new position in Take-Two Interactive Software in the 4th quarter worth approximately $261,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $211.98 on Friday. The business’s fifty day moving average price is $193.26 and its 200 day moving average price is $175.27. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $218.75. The stock has a market capitalization of $37.41 billion, a PE ratio of -9.94, a price-to-earnings-growth ratio of 6.83 and a beta of 0.89. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83.

Wall Street Analyst Weigh In

TTWO has been the subject of a number of analyst reports. Benchmark restated a “buy” rating and issued a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Robert W. Baird upped their price target 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. Roth Mkm increased their target price on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. The Goldman Sachs Group increased their target price on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Finally, Oppenheimer increased their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, one has given a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $210.55.

Insider Buying and Selling 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 stock was sold at an average price of $187.64, for a total value of $145,796.28. Following 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 1.45% of the stock is currently owned by company insiders.

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.