Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Barclays PLC

Barclays PLC reduced its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 27.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 784,007 shares of the company's stock after selling 290,704 shares during the quarter. Barclays PLC owned about 0.45% of Take-Two Interactive Software worth $120,507,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp increased its stake in shares of Take-Two Interactive Software by 8.8% in the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company's stock worth $1,675,241,000 after acquiring an additional 880,816 shares during the last quarter. Massachusetts Financial Services Co. MA increased 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 acquiring an additional 648,982 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Take-Two Interactive Software by 17.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company's stock worth $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 increased its stake in shares of Take-Two Interactive Software by 10.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company's stock worth $651,817,000 after acquiring an additional 417,325 shares during the last quarter. Finally, 1832 Asset Management L.P. increased its stake in shares of Take-Two Interactive Software by 49.9% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,619,380 shares of the company's stock worth $251,797,000 after acquiring an additional 538,906 shares during the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Up 2.8 %

TTWO stock traded up $5.10 during mid-day trading on Wednesday, reaching $190.46. The company had a trading volume of 1,489,225 shares, compared to its average volume of 1,595,932. 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 company has a market capitalization of $33.45 billion, a price-to-earnings ratio of -9.00, a price-to-earnings-growth ratio of 5.89 and a beta of 0.88. The firm has a fifty day simple moving average of $171.58 and a 200 day simple moving average of $160.07. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $191.91.

Insider Buying and Selling at Take-Two Interactive Software

In other 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 approximately $1,736,515.64. This trade represents a 17.11 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Daniel P. Emerson sold 777 shares of the firm's stock in a transaction dated 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 $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 corporate insiders.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Robert W. Baird raised their target price on 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. StockNews.com raised Take-Two Interactive Software from a "sell" rating to a "hold" rating in a research note on Friday, December 6th. Redburn Atlantic started coverage on Take-Two Interactive Software in a research note on Thursday, August 29th. They issued a "buy" rating and a $194.00 target price for the company. Benchmark increased their price target on Take-Two Interactive Software from $200.00 to $210.00 and gave the stock a "buy" rating in a report on Wednesday, August 21st. Finally, JPMorgan Chase & Co. lowered their price target on Take-Two Interactive Software from $200.00 to $195.00 and set an "overweight" rating for the company in a report on Tuesday, October 22nd. Three analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Take-Two Interactive Software has an average rating of "Moderate Buy" and an average price target of $195.50.

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.