MAI Capital Management Sells 672 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

MAI Capital Management lowered its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,612 shares of the company’s stock after selling 672 shares during the quarter. MAI Capital Management’s holdings in Take-Two Interactive Software were worth $8,855,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Swiss National Bank lifted its holdings in shares of Take-Two Interactive Software by 2.7% in the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company’s stock valued at $75,857,000 after acquiring an additional 13,200 shares during the last quarter. AM Squared Ltd purchased a new stake in Take-Two Interactive Software during the third quarter valued at approximately $46,000. Mutual of America Capital Management LLC lifted its stake in shares of Take-Two Interactive Software by 4.7% in the 3rd quarter. Mutual of America Capital Management LLC now owns 40,487 shares of the company’s stock valued at $6,223,000 after purchasing an additional 1,804 shares during the last quarter. Natixis Advisors LLC boosted its holdings in shares of Take-Two Interactive Software by 3.6% in the 3rd quarter. Natixis Advisors LLC now owns 134,363 shares of the company’s stock worth $20,653,000 after purchasing an additional 4,693 shares during the period. Finally, Empirical Finance LLC increased its position in shares of Take-Two Interactive Software by 2.8% during the 3rd quarter. Empirical Finance LLC now owns 4,856 shares of the company’s stock valued at $746,000 after purchasing an additional 133 shares during the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on TTWO shares. TD Cowen raised their price target on Take-Two Interactive Software from $173.00 to $176.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Hsbc Global Res upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, August 12th. Robert W. Baird lifted their price target on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. UBS Group increased their price objective on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Finally, Bank of America restated a “buy” rating and set a $185.00 target price on shares of Take-Two Interactive Software in a research report on Wednesday, August 21st. Two analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $188.70.

Insider Activity at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the sale, the director now owns 9,692 shares of the company’s stock, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. 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 currently owned by corporate insiders.

Take-Two Interactive Software Trading Up 3.0 %

NASDAQ:TTWO opened at $182.93 on Tuesday. The firm has a 50-day simple moving average of $159.52 and a 200-day simple moving average of $155.44. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $183.36. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85.

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.