Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. reduced its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 67.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 151,366 shares of the company's stock after selling 309,285 shares during the period. Assenagon Asset Management S.A. owned about 0.09% of Take-Two Interactive Software worth $27,863,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TTWO. State Street Corp raised its stake in shares of Take-Two Interactive Software by 8.8% in the third quarter. State Street Corp now owns 10,899,267 shares of the company's stock worth $1,675,241,000 after purchasing an additional 880,816 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake 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 worth $828,994,000 after buying an additional 648,982 shares during the last quarter. Ameriprise Financial Inc. increased its position in Take-Two Interactive Software by 17.6% during the second quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company's stock valued at $694,173,000 after acquiring an additional 666,198 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Take-Two Interactive Software by 10.9% in the third 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 acquiring an additional 417,325 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Take-Two Interactive Software by 3.5% during the third quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company's stock valued at $614,511,000 after buying an additional 134,767 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the company's stock in a transaction on Friday, November 8th. The shares were sold at an average price of $179.17, for a total value of $358,340.00. Following the sale, the director now directly owns 9,692 shares of the company's stock, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Daniel P. Emerson sold 777 shares of the business's stock in a transaction dated 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 directly 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 position. The disclosure for this sale can be found here. 1.45% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TTWO. Wedbush reiterated an "outperform" rating and set a $190.00 target price on shares of Take-Two Interactive Software in a research report on Monday, December 9th. Roth Mkm lifted their target price 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. UBS Group upped their price objective on Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a "neutral" rating in a report on Thursday, November 7th. The Goldman Sachs Group upped their price objective on Take-Two Interactive Software from $186.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday, November 7th. Finally, Robert W. Baird boosted their price objective on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the company an "outperform" rating in a research report on Thursday, November 7th. Three research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Take-Two Interactive Software currently has an average rating of "Moderate Buy" and a consensus target price of $197.58.

Take-Two Interactive Software Stock Up 1.7 %

Shares of TTWO traded up $3.04 during mid-day trading on Friday, hitting $186.41. The company's stock had a trading volume of 1,443,673 shares, compared to its average volume of 1,423,934. The firm has a market capitalization of $32.74 billion, a price-to-earnings ratio of -8.81, a PEG ratio of 5.55 and a beta of 0.89. The company's 50-day moving average is $184.73 and its 200-day moving average is $164.53. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $192.14.

Take-Two Interactive Software 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.